Hard Asset Management: U.S. and World Rare Coin Prices Continue to Set New Highs

The U.S. and world rare coin market has experienced strong demand throughout 2024. This trend, which began post-2020 U.S. election, saw prices rising significantly in August 2024.

Many are investing in rare coins due to the growing number of BRICS nations moving towards de-dollarization and gold-backed currencies, as well as the adoption of Central Bank Digital Currencies (CBDCs). This interest from investors and collectors has driven up the demand and value of rare coins.

Christian Briggs, CEO of Hard Asset Management, cited unprecedented growth in the market. August 2024 alone recorded sharp increases in demand and prices. Hard Asset Management has played a crucial role, expanding its inventory with desirable coins and strengthening its market position.

Examples of rising coin values include an 1855 G$1 increasing from $400,000 in May 2021 to $675,000 in September 2024, and an 1863 $20 climbing from $525,000 in December 2021 to $1,600,000 in September 2024. The firm remains committed to providing exceptional value and market expertise.