News Column

Rare Coin Value Increases in Past Decade, National Collector's Mint Offers Products and Tips

Apr 22 2013 12:00AM

Marketwire

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PORT CHESTER, NY -- (Marketwired) -- 04/22/13 -- Consumers who like to collect rare coins, also known as numismatists, have often enjoyed the wide variety of collectible coins offered by National Collector's Mint. The company has amassed respect in the community throughout its history, as many appreciate the high quality and precious metals that go into making the commemoratives and coins provided by its catalogue. While the company maintains that its products allow collectors to invest in a piece of history, the organization sells its rare coins in a different way that is appreciated by enthusiastic numismatists.

According to a recent article from Pymnts.com, "Rare coins soared 25 percent in value over the past year and 248 percent the past ten years, according to the Luxury Investments Index in the recently-released Knight Frank 2013 Wealth Report." With such a significant increase at hand, the article urges collectors to make sure they are dealing with proper dealers if they are looking to make a profit on their coins. Jeffrey Bernberg, president of the Professional Numismatists Guild, tells Pymnts, "Rare coins are an enjoyable hobby and part of some people's long-term portfolios, but buyers should remember the important adage: If you don't know rare coins, you better know your rare coin dealer."

In response to Bernberg's suggestion, National Collector's Mint offers industry insight in a recent press statement, "At National Collector's Mint, we are not selling securities. So, we don't sell our coins as investments -- even though they are certainly investments in American or World history -- we sell them as collectibles. We promote the condition of coins and have sold several coins that are among the 'finest known' specimens of a particular coin's population. In fact, we purchase many fine coins using PNG Numismatists. Nonetheless, you don't have to be a member of PNG to be an honest dealer."

Although rare and collectible coins can come from a wide variety of sources, those who wish to advance their personal collection can trust in the products offered by National Collector's Mint -- a company that has earned an "A" rating from the Better Business Bureau.

ABOUT:

National Collector's Mint is an internationally respected coin and collectibles company headquartered in Port Chester, New York. The company was founded in 1994, and since then has grown from a two-person operation into an enterprise of almost 50 employees. The company's spokespeople include former U.S. Congressman Barry Goldwater, Jr. and Angela Marie (Bay) Buchanan, the 37th Treasurer of the United States. The organization is not affiliated with the U.S. Treasury Department but is one of the largest private direct to consumer coin sellers in the nation. The company is well-regarded for its high-quality commemorative coins and collectibles, always designed to meet the highest standards of quality and often including fine, precious metals. The organization is known to coin collectors throughout the world.



Source: Marketwire


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