Not everyone collects coins for the same reason. There are two main goals for those who buy coins. For the person who loves to collect and buy based on the coins themselves, it is a hobby. Some coins can be bought for slightly more than the stated value on the coin, and these are highly unlikely to be more than a little more than the price paid for them.

Collecting means investing money

The second reason for collecting is to invest money in something that will remain valuable and generate a return. There is no special love for currency, just a desire to make money. Typically, coins are bought with the intention of selling them at a later date.

There is nothing wrong with either of these reasons for collecting coins, and both can have a profitable outcome for someone. A recent story concerns a collector who kept his coins in a bank vault where they remained at the time of his death. No one in his family was interested in muenzen sammeln so he never confided in them about his collection.

It turned out to be a very valuable coin collection, which brought the family a big profit at auction, although the collector did not need money and only collected because he loved old coins.

history of coins

If you look closely at the history of coins over the past 25 years, you’ll see that coin collecting doesn’t typically yield large dividends like you would expect from other investments. However, coins continue to appreciate in value, so any legitimate purchase will almost certainly be worth more in the future.

Only the rarest coins, which are sure to fetch a top price when sold, should be held for a long period of time. Smaller currencies may trade more frequently to keep a collection new and interesting for the person who collects as a hobby. A stagnant collection, adding nothing new, will not increase in value unless the original coins are very rare.

valuable coins

The educated coin dealer can find some valuable coins at estate sales and other places where the seller may know little about the value of old coins. Many families had patriarchs who set aside coins as family collectibles and passed them on to succeeding generations. Knowing which ones can yield a return can greatly increase the value of a coin collection.

There were those who weren’t even coin collectors who were blind lucky to find one or more valuable coins. Because of this, it’s good to study coins that you get as change when you make a purchase.

To answer the question, will collecting coins ever pay off, yes, in some cases. It may not pay off for the person who starts collecting, and it may not happen in a generation, but Sammlermuenzen  can bring a profit, as past collections have shown. For anyone who enjoys finding and acquiring old coins, the hobby can be both fun and rewarding.