Best collectible investment in 2014? Written By Robert Frank | CNBC (*Excerpt from article) Full Article: http://www.cnbc.com/id/102236877 Investing in high-end collectibles has been more lucrative than investing in stocks.
Over the past 10 years, the Knight Frank Luxury Index (which tracks collectibles from cars and art to stamps, wine, coins and furniture) is up 182 percent while Dow Jones is up 62 percent. According to the report, art has been far more volatile over the past 10 years than gold, equities or real estate. Among collectibles, coins and furniture were the least volatile. Coins, in fact, have had a strong, if under appreciated, run recently. They returned 10 percent over the past 12 months and 90 percent over the past five years, ranking second as investments just behind cars.