Last Updated on 4/5/2008 by bidz

Investing in collectibles requires knowledge, patience

By Jerri Stroud

“When it comes to collectibles, knowledge is power.

“No two ways about it,” said Peter Rexford, an expert on coins, stamps and related collectibles. “You need to find an area of interest, then find out more about it.”

Recent volatility in the stock market has some investors looking at collectibles as a potential hedge against inflation. Most experts say it’s an area that requires patience, study of your chosen area and a tight focus on the condition of the items you buy.”

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