But that's exactly what legendary commodities investor
Bloomberg's Sara Eisen pointed us to a Wall Street Journal story explaining Rogers' rationale:
Mr. Rogers, who started the Quantum Fund with George Soros in the 1970s, couldn't be reached for comment, but had said in a previous interview: "Coins and stamps are the only way I can invest in North Korea."
By invest in, Mr. Rogers means he wants to wager against the long-term prospects for the isolated, economically struggling country. He views his purchase as a bet on the collapse of North Korea.
"At some point down the line, North Korea will cease existing as a country. Then the value of the coins will go up," Mr. Rogers said.
So, Rogers believes he is shorting North Korea.
The Journal reports that a total of 13 one-ounce coins were purchased by an assistant of Mr. Rogers at a coin fair in Singapore. The price was around $2,014 a piece.
Read the whole story at WSJ.com.