Recent Coin Trends

By | April 25, 2015
Carson City Silver Dollar

Carson City Silver Dollar

What do recent trends in the rare coin market tell us about the investment value of coins and coin collecting? Recent coin trends were discussed in an April 24, 2105 article by Jeff Garrett in CoinWeek. According to Jeff, “the rare coin market has been relatively soft in recent weeks and many are concerned with the large number of great coins being offered”. The people who are concerned are¬†professional coin sellers, who stand to profit more when the price of coins is high. Read more about the article here, which chronicles some truly outstanding rare coin collections that have come to market of late.

Mercury Dime Key Date

Mercury Dime Key Date

This is actually Good News for the Coin Collector

According to the article: “Recent sales present an incredible buying opportunity for collectors as many of the coins being sold have been off the market for a generation”. GoldandSilverInvestors agrees. Whether you are in the market for rare coins or just beginning to dabble in the arena of coin collecting, this is an excellent time to acquire coins for your collection and investment.

Why is that? You can now buy gold and silver coins at great prices! The demand for coins is relatively soft. This coincides with relatively low prices for gold and silver as the dollar is riding high. Times like these are traditionally the best times to make your coin purchases, especially of gold and silver coins with numismatic value. As gold and silver prices inevitable rise, so will the value of your collection.

Beginning or Adding to Your Collection

Be sure to check out some of the good deals to be had on collectable US coins on eBay. They have a full suite of pre-1933 gold coins, silver dollars, half¬†dollars, quarters and dimes, low-mintage coins and more. If you’d rather buy modern bullion coins, they have them at competitive prices as well.

 

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4 thoughts on “Recent Coin Trends

  1. Eoinmc

    I’ve got a few old British and Irish coins but they’re not made out of gold or silver nor are they worth a whole lot. They look nice though. I guess coins like this never really increase much in value unless there’s not too many of them around and they are in mint condition. They certainly won’t be affected by gold and silver prices.
    Any idea when they stopped making coins with gold and silver in Britain?

    Reply
    1. Mike Post author

      Thanks for the comments and question. Britain stopped minting gold sovereigns for general circulation in 1925. They diluted the silver content of their legal tender coins in 1920 from .925 fine to .500 fine in order to pay their WW I war debts. The last British general circulation coins made of silver were minted in 1946. Again, this was to help pay for war debts, this time WW II.

      Reply
  2. Andrew

    Hey Mike, very interesting site. I’ve always been fascinated by older coins, my grandpa has a huge collection that he always loved to show me when I was younger. I wonder how many of them are made from gold or silver, I’ll have to look into that! Thanks for the cool info, I may have to pick up some coins for my grandpa while the demand is soft!

    Reply
    1. Mike Post author

      Andrew, Many thanks for your comment. Your grandpa sounds like a cool guy, someone you can learn a lot from. I bet he would love to receive a neat gift of a new coin. Perhaps ask him what he is lacking in his collection then go from there.

      Reply

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