Nearly everyone has one or two collectible coins with personal significance. Beyond collectibility, however, coins can also carry investment value.
Why Are Coins Valuable?
Many coins recall personal experiences, while others also hold historical and financial value. Some coins, including those made by the United States Mint or Royal Canadian Mint, are produced as collectible coins. Government mints commonly issue burnished, proof, commemorative, special-edition coins and sets for collectors. Other pieces have value because they are variety coins or result from minting errors, making them uncommon. As coin values rise over time, they may become worthwhile investments.
At publication, Why Now?
At the time of publication, senior numismatist Timothy O’Fallon of Gibraltar Coins said interest in rare-coin collecting had grown noticeably over the preceding five years and would continue accelerating. The article stated that, as more people pursued investments and diversified into alternatives such as coins, demand and the value at which coins are being appraised would continue rising.
Investment Categories
Beyond collecting coins for personal or sentimental reasons, the article identified specific collectible-coin areas that could also serve as investments. According to O’Fallon, key categories included rare certified U.S. coins, such as an 1846 $2.50 gold piece; certified ancient coins; and “key date” coins, which are scarce pieces needed to complete a series set. Readers were invited to learn about these categories and, at publication, check the coin inventory to begin building categorized investments.
Experience and Expertise Matter
For a new investor, the article advised working with an experienced numismatist. It described the importance of finding someone with substantial industry experience and sufficient availability to clients. At the time of publication, Atlanta Gold & Coin Buyers stated that, as an American Numismatic Association member, it could advise which coins to invest in based on market trends and help to determine the value of and sell coins later.
At the time of publication, the article said coin investments were becoming more valuable over the years and described that period as a favorable time to invest. Readers were invited to Schedule an appointment with Atlanta Gold & Coin Buyers to get started.
