Old coin prices in today’s market place have taken quite a hit. Ever since the coin collecting peak of the late 1980’s, old coin prices have continued to see a downturn, especially in the commemorative and foreign markets. When attempting to wade through the market hoping to find old coin prices that are stable from year to year, the novice and resourceful coin collectors alike will inevitably come to the same conclusion: it is nearly impossible. With the ever fluctuating precious metal markets, niche collectible markets falling downhill and, in some cases, completely off the cliff and a waning public interest in coin collecting overall, it becomes tougher and tougher to find old coin prices that remain stable or that move upward. However, better dates and key dates within most U.S. coin series have continued to garner interest and have comparatively escalated in recent years, driving some old coin prices into higher and higher numbers.
Key dates and better dates are coins within the many different series, or denomination and designs, of minted coins that tend to peak the interest of coin collectors from young to old. The old coin prices of these special coins can carry a significant premium. One must remember that, when determining old coin prices, old doesn’t necessarily mean rare or valuable. Old coin prices often are spread out from end to end on the spectrum and are determined by several key variables. Some of these variables that can effect old coin prices are condition, rarity, popularity, precious metal content and historical relevance. Old coin prices can also be subject to large swings from region to region and market place to market place. Some old coin prices can be higher in the eastern United States because there is still a larger coin collector base there in comparison to the western United States, where coin collecting has taken a downturn, creating a more unstable market for old coin prices.
To discover more about old coin prices or to find out where the Las Vegas market place is in determining old coin prices, just call or come in to any of the Nevada Coin & Jewelry locations serving the Las Vegas Valley. Our trained coin professionals can help you navigate the often tricky world of assessing old coin prices in the increasingly volatile collectible coin markets.
