Rare Coins

Rare Coins Definition: Technically, "rare" means very few examples are known (e.g. no more than 75 to earn that designation on the Sheldon Rarity Scale), but with these coins becoming not affordable for the general collection coins with much higher mintages are becoming "rare coin investments".
Rarity of the coin has a huge affect on rare coin value. There are some rare coins with a value of more than $1,000,000 and there are some common coins with the face value or little value.

Most of the time, the rare coins are the once, which can appreciate in value dramatically over some time and these are the once collectors seek the most. You can read more on the Value of Rare Coins on our Coin Values page.

Rare Coin

Rare Coins Prices


Rare coins prices depend on a lot of factors and we will discuss some of them here:

1) Coin Grading: Value of rare coins depends a lot on the coin grading. Usually, even a difference in 1 grade makes coins 2-3 times more expensive.

2) Mintage or how rare the coin is also affects the value. Coins minted in low mintages would have a better value in the series. Even if 2 coins look and grade identical and only differ in 1 year, the coin with the lower mintage for the year will have higher value.

3) Coin Market: - Demand and Supply for coins creating a coin market, where value of the coin would be influenced by a lot of political and economical factors. For ex: Some of the rare old coins from Eastern Europe would cost very little only, because there is a little demand and people can't afford to have the luxury of collecting coins. NOTE: We can see that this is changing now and some coins from Eastern Europe, especially Russian coins have a huge opportunity to increase in value and already started to become expensive even for serious investors.

4) Rare Silver Coins and Rare Gold Coins - There is an increasing demand in rare coins made from precious metals, such as silver and gold. The value of these rare coins grown dramatically in last years affected by increase in commodity prices and high demand. Refer to Silver Coins page and Gold Coins page for more information about rare silver coins, rare gold coins and rare gold coins value.

5) Error Coins - Some collectors specialize in so-called error coins. These are the coins that have been minted in error or with some unintended mistake in design. Prices of error coins vary considerably, and are based on denomination, date (if the date is visible), how significant the error, error type, how scarce the error is, and the dealer's demeanor.

NOTE: Be aware that values of error coins have been stable and steady over the decades. This is not an investment hobby, but an enjoyable and educational experience, and a good illustration of our imperfect world.

Please refer to the Coin Values page for more information about rare coin value and rare coin prices.

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This article by Eduardo De Resendes briefly summarizes the main advantages of investing in rare coins and offers some guidelines to prospective rare coin investors.

The following summarizes some of the main advantages of rare coin investments.

1) Rare coins have historically protected or preserved wealth as strong inflation fighters, particularly in countries whose paper currency has been severely weakened. Any time our paper money is threatened, rare coins can protect wealth much like an investment in gold bullion.

2) Rare coins are selling at steep discount to their 1980's highs and, given the cyclical nature of the rare coin market, may be poised for rapid price appreciation in the near future.

3) The beauty of rare coins can be enjoyed much like any other work of art. They are also a very private form of investment not subject to government scrutiny common to other types of investments held in banks and by brokerage houses.

4) Rare coins are easy to store and are virtually indestructible. They are also insurable. Rare coins represent truly portable wealth which can be moved from place to place very quickly and easily.

5) With thousands of coin dealers around, selling most quality rare coins is quite easy making them a fairly liquid investment.

If you are interested to collect rare coins, read more at A Companion to Rare Coin Collecting

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Rare Coins News
11/18/2018
How to spot the Royal Mint 'mistake' which means £1 coins are worth more than £200
... has been stamped on one of the old £1 coin blanks, the Manchester Evening News reports. Change Checker adds that it has seen three exampled of this in the past week alone so maybe they are not sup... more info

11/16/2018
Utah rare coin dealer accused of running multimillion-dollar Ponzi scheme
SALT LAKE CITY — A federal judge has frozen the assets of a Utah rare coin dealer after the Utah Department of Commerce and others accused the business and its owner of defrauding at least 200 people ... more info

11/11/2018
How valuable are the rarest one pound coins? From the 1986 Flax to the 2011 Edinburgh motif
The Royal Mint can tell if your coin is legit and not counterfeit, but doesn’t do valuations. Brits who think they have a rare coin need to contact a member of the British Numismatic Trade Association ... more info

11/17/2018
Gazan caught trying to smuggle rare ancient coins to Israel
The coins were detected when the man, a 40-year-old resident of the Gaza Strip, was stopped for a routine check at the Erez checkpoint. The Archaeology Department of the Civil Administration seized th... more info

11/14/2018
Rare 50p coin with royal coat of arms could be in your pocket – but is it valuable?
Irish MP holds up thong in Parliament over acquitted rape charge A 50p coin you may have dismissed as just another piece of change, could actually be worth far more than its legal value in years ... more info

11/16/2018
Authorities say ponzi scheme at Rust Rare Coin in Utah took hundreds of victims for $170 million
SALT LAKE CITY, Utah (KSTU) — Authorities have filed a civil enforcement action against Rust Rare Coin and its owner after they say a ponzi scheme defrauded hundreds of people out of $170 million over ... more info