A rare coin combines all the advantages of the precious metal content with the added numismatic value. Their numismatic or collectible value is something that rare coins hold above and beyond their precious metal content. It is important to understand that coin values are constantly changing. Properly graded coins will help you assess their current worth. The two firms that certify coins are the Professional Coin Grading Service (PCGS) and the Numismatic Guarantee Corporation (NGC). These two companies have taken out a lot of the guess work when determining the coins grade. They also have helped establish a worldwide network of dealers that have certified coins making them freely traded and instantly liquid.
How exactly is the value of a rare coin determined?
– Supply/Rarity: How many of the coin currently survive
– Demand: The number of collectors and investors are seeking that coin
– Precious Metal Content: How much pure gold or silver does the coin contain
– Quality: The grade or state of preservation of the coin; Is it worn down or does it look like it just came off the press
At Premier Coin Galleries you can be sure to get the best quality rare coin for your money. Whether you are starting a rare coin collection or adding to an existing one, Premier Coin can help you along the way. Our numismatic experts are ready to answer any questions you may have when it comes to collecting rare coins.