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.
Don't Tread On Me Give Me Liberty Or Give Me Death Gadsden Snake 1 oz Pure .999 Copper Round Collectible Challenge Coin in Capsule
$8.99 (as of November 21, 2024 08:30 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.)
Complete 50 Uncirculated State (99-08) Quarter Collection Set + 6 Territory Quarters from The US Territories Program in a Beautiful Folder Display Book (Complete Set)
$59.95 (as of November 21, 2024 08:30 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.)
Armor of God Challenge Coin,Prayer Commemorative Coin
$12.99 (as of November 21, 2024 08:30 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.)
10 Pack 2020 Donald Trump Gold Plated Coins with Stands, President Eagle Seal Commemorative Gift
$15.99 (as of November 21, 2024 08:30 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.)
Donald Trump President 2024 Official Genuine Legal Tender JFK Kennedy Half Dollar U.S. Coin
$9.95 (as of November 21, 2024 08:30 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.)
Washington 2 Dollar $2 Note Design 1 oz .999 Pure Copper Round 39mm Collectible Coin in Capsule - COA by Heavenly Metals
$7.99 (as of November 21, 2024 08:30 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.)
American Coin Treasures USA Four Most Famous Coins, Genuine Coin Set, Buffalo Nickel, Indian Head Cent, Bicentennial Half Dollar and Quarter, Certificate of Authenticity
$19.95 (as of November 21, 2024 08:30 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 Stand Strong $2 Bill Donald Trump 2 Dollar Bill Trump Never Surrender Colorized Mugshot $2 Bill Uncirculated Commemorative Coin Trump Merchandise
$15.99 (as of November 21, 2024 08:30 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 American Silver Eagle .999 Fine Silver in Direct Fit Air Tite with our Certificate of Authenticity Dollar Uncirculated US Mint
$49.99 (as of November 21, 2024 08:30 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.)