Collectable and Rare British Coins
Whereas investors look at coins that will both hold their value as well as potentially return a good profit, collectors are simply looking to complete a collection as part of a hobby. Many collectors are prepared to pay higher prices than investors to curate certain coins; particularly rare UK coins. So, could this kind of premium offer good investment potential? Whilst precious metals can vary in price, depending on many external factors, rare coins tend to hold their value as their scarcity and rarity remain a constant, if not a diminishing, influencer.
Some investors do collect rare British coins and are prepared to pay larger premiums for them. Usually purchased at auction or via specialist dealers, buying these ancient or rare coins in the UK can attract VAT. Collectable coins like this are generally harder to liquidate as resale is dependent on finding the right buyer at the right time. Unlike gold as a commodity in the form of bars, bullion or coins, rare British coins may not be exposed to the same market volatility but rather their ‘perceived’ value. In general, unless an investor has experience of the rare coins market and is prepared to commit to waiting for the right time to sell at a profit, we would recommend caution before opting for this kind of gold investment.
BR> The appeal of a coin to a collector can be down to the individual or a coin can have intrinsic collectability due to various factors. From an individual’s point of view, a collector may be looking to complete a set of coins or obtain a gold sovereign coin from a certain year for sentimental value; year of their birth or an anniversary, for instance. Collectable coins often have a higher premium attached to them due to the fact they are sought after, have a higher production cost and/or may come complete with some kind of presentation or display case/box. Collectors (as opposed to investors) are not generally concerned with the resale value of collectable coins.
- Rare British Coins
- UK Special Edition Coins
- Limited Edition British Coins
- Proof Coins
- Coin Sets