Publication

Article

Physician's Money Digest

September 2006
Volume13
Issue 9

Discover a Very Old Method of Investing

Worth

Worth

Some physicians delve into the world ofcollectibles as investments that are sure toappreciate, such as coins, stamps, etc. Butif you dig a little deeper, you can find a collectiblegenre that has become more andmore popular over the past few years: fossils.According to , high-quality fossilprices are rising at auctions due largelyin part to a growing number of admirerswho want to display them in their personalcollection as organic art pieces. Youdon't have to fly out to Wyoming with ashovel in hand to acquire these ancientartifacts, as there are numerous pieces tobe found on auction blocks all over thecountry, and they are all appreciating invalue. gives the example of a manwho bought a fossil at auction 15 yearsago for $3400, and it is now appraised tobe worth around $25,000. Not a badreturn on investment, and for the kid inyou, probably a lot more fun than pouringyour money into yet another fund.

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