Cryptocurrency Q&A Why are numismatic coins so expensive?

Why are numismatic coins so expensive?

Riccardo Riccardo Mon Nov 04 2024 | 7 answers 1983
I'm wondering why numismatic coins are priced so high. Is it because of their rarity, historical value, or the quality of materials used? I'd like to understand the factors that contribute to their cost. Why are numismatic coins so expensive?

7 answers

Martino Martino Wed Nov 06 2024
They are unique and typically carry historical significance.

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ethan_thompson_journalist ethan_thompson_journalist Wed Nov 06 2024
Collectors often seek these coins due to their desirability.

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Stefano Stefano Wed Nov 06 2024
One factor that contributes to a coin's numismatic status is its Mint Mark.

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KimchiQueen KimchiQueen Wed Nov 06 2024
Mint Marks indicate the mint where the coin was produced.

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SakuraBlooming SakuraBlooming Wed Nov 06 2024
Numismatic coins differ greatly from the ordinary coins found in one's couch or pocket.

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