Semi-numismatics are half-way in between bullion and numismatic coins, taking the best of each. With the privacy of numismatics yet the liquidity of bullion, smart investors will invest in semi-numismatics. Examples of semi-numismatics would be circulated condition silver dollars or a moderate condition (MS63 or MS64) $20 Saint Gaudens or Liberty. In our opinion, semi-numismatics are the best way to invest in coins outside of an IRA.