Hard Asset Management Reports Surge in Demand for Rare Coins
SAN JUAN, Puerto Rico, February 17, 2023 (Newswire.com) - The rare coin market has experienced an unprecedented surge in demand and price appreciation, with 2021 and 2022 being two of the best years in recent history. In 2023, the market shows no signs of slowing down and continues to increase exponentially.
"At Hard Asset Management, we have a deep passion for rare coins and an unwavering commitment to providing the very best selection on all U.S. and World rare coins, and 2023 is poised to be a monumental year for the entire rare coin market and our clients," says Christian Briggs, Hard Asset Management CEO. "With prices continuing to rise and demand growing with new collectors/investors coming into the market daily for both U.S. and World rare coins. In 2023, we're seeing no signs of this demand slowing down. In fact, collectors and investors could expect to see exceptional growth and exciting opportunities in the coming year."
Driven in part by the economic uncertainty of recent years, investors are turning to rare coins as both wealth preservation and creation options. Recently, major investments were made by venture capitalists and private equity firms which has further fueled market demand. In fact, in December 2020, PCGS was bought for $700 million dollars by D1 Capital Partners & Cohen Private Ventures. Then, in June 2021, Blackstone made a $500 million investment in the rare coin market by acquiring NGC, the Numismatic Guaranty Corporation.
Hard Asset Management has been quick to recognize these trends and put out strong buy recommendations on all rare and ultra-rare U.S. and European coinage. The investment firm has recently acquired super rarities for its reserve collection and grown its inventory of some of the most incredible coins in the world, making it well-positioned to meet the increasing demand for these valuable and ultra-rare numismatic collectibles.
Here is a sample of top recommendations over the last 3-5 years:
1797 Liberty Cap 1/2C Above 1, BN MS65+
03/2019 $15,000
02/2023 $165,000
1850 Classic Head 1/2C, RD MS64
11/2018 $3,750
02/2023 $60,000
1909-S VDB Lincoln Cent, RD MS67
04/2022 $65,000
02/2023 $175,000
1915 1C, RD PR67
05/2022 $35,000
02/2023 $90,000
1924 1C, RD MS67+
01/2023 $18,500
02/2023 $54,000
There are many ways to stay informed about the rare coin market and explore its exciting possibilities. The team of experts at Hard Asset Management is passionate about rare coins and willing to share their insights and knowledge with interested parties. More information can be obtained by reaching out to Hard Asset Management, and they can help people discover the benefits of investing in rare coins.
Source: Hard Asset Management, Inc.
