You may already know some general tips on how to search for collector coins. However, you could always benefit from the advice of an expert—namely, a coin dealer. You are always told to seek advice from an established coin dealer. Just between us, what does a coin dealer tell you? You know, off the record?
The coin dealer has plenty of knowledge but he isn’t about to tax his brain if he can satisfy you with some generalities. So expect some common open-ended questions that will get you talking: what type of coins are you looking for? How much are you willing to spend? What is the theme or concept behind your portfolio?
If you give convincing answers and start talking about the industry of numismatics in general, the coin dealer will start to view you as an educated buyer, and may offer some insider hints. For example, as regards coin values did you know that some popular rarities in the industry fluctuate in price based on market cycles? Like precious bullion itself, collector gold coins and silver coins are affected by fixed supply and demand. Therefore, one profits when assembling a collection of choice pieces and then holds them for a select period of time—until the next market change.
If you are experienced in coin collecting but still haven’t reached a point where profit outweighs your investment, then remember to focus on coins that already have an active market and to look for strong performance history. Reviewing the price history of a particular coin will give you insight as to its collector coins value. Whether you are looking for presidential collector coins or other collector coins worth top dollar, a price history that suggests a 200% or more price increase is usually bankable.
U.S. coins sought by a private collector are available through brick and mortar coin store dealers and online retailers like Coast Coin Collector. Coins are a lucrative business, if you take the time to study industry trends.
