If you thought coin collecting was a dusty hobby relegated to community halls and glass cases in antique stores, think again. In fact, rare coins have become quite the hot commodity with prices reaching record highs for some items. One example: A Double Eagle gold coin that had a face value of $20 sold for more than $18 million at an auction in January.
Experts warn, however, that while coins may be enjoying a moment in the sun, it is hard to predict whether this surge will last. The ’80s saw a boom followed by a bust, and many observers aren’t convinced this time will be any different.
Regardless, collectors are energized by the rise of online portals that offer transparency and education to potential buyers. They also are drawn to specialized collections of a particular coin series. For instance, some people seek out the complete set of 50 state quarters released by the U.S. Mint between 1999 and 2008.
As with any type of investment, it’s important to do your homework to avoid getting ripped off. The Federal Trade Commission warns consumers to always check out a seller’s reputation and reviews online before buying from them. It’s also a good idea to examine coins in person before making a purchase. That way, you can avoid a potentially costly mistake based on an inaccurate or misleading description of the item’s grading and current value.
Aizics Mint Donald Trump Silver Coin 2024 with Certificate of Authenticity, President Coin, Trump Coin Collectors, Silver Plated, 38mm x 2mm
$9.98 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
3pc Liberty President Donald Trump Coin, Trump 2024 Coin 47th Presidential Gold Challenge Coin for Support
$7.99 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Pearl Harbor and Japanese Invasion Coin & Currency Collection
$20.95 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
50 Wheat Pennies (Unsearched Shotgun Roll) - Mixed Years Circulated Good or Better.
$13.24 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Kamala Harris Coin 2024,Double-Sided Commemorative Coin for 47th President,Limited Edition Kamala Harris Presidential Coin Collectible Campaign Memorabilia Coin -Kamala Harris Supports (Gold)
$3.99 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
2024 silver eagle $1 Brilliant Uncirculated US Mint
$61.95 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Trump Copper Round 1oz Pure Copper Coin
$6.45 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Trump 2 Dollar Bill Donald Trump Never Surrender Colorized Mugshot 2 Dollar Bill Uncirculated Commemorative Coin
$9.99 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Over 50 DIFFERENT World Coins (1/2) Half Pound Grab Bag
$19.92 (as of November 14, 2024 03:28 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)