2015 a Strong Year for Rare Coin Demand

Youngblood Metals Mining pic

Youngblood Metals Mining
Image: youngbloodmetalsmining.com

As the president of Youngblood Metals Mining, Kota Saint Jovite Youngblood combines his experience in business and finance with his expertise in precious metals, coins, and antique jewelry. Saint Jovite Youngblood is a member of the Professional Numismatists Guild (PNG), an organization committed to integrity and professionalism for coin and precious metal dealers and investors.

The PNG reported that 2015 was a strong year for interest in rare coins. That year, a record 17 rare U.S. coins sold for $1 million or more, and public auctions garnered a combined total of $439 million for rare U.S. coins. For comparison, auctions in 2014 sold $536 million for rare coins and in 2013 $393 million. Twelve coins sold for $1 million or more in 2014. The U.S. rare coin market for 2015 was valued at around $4.5 to 5 billion.

Some of these coins were historic silver dollars, copper cents, and dimes dating back to 1792, when the spelling for “dime” was “disme.”

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