The World Money Fair in Berlin attracts collectors from all over the world to the German capital. But collecting coins is not as popular as it was in the past. Today the industry is looking for new talent and is increasingly trying to become attractive to women. In Berlin, collectors and enthusiasts meet. The collectors use the auctions to secure rare pieces. These still fetch top prices, especially when the coins are in good condition. More and more investors are interested in this. They use the opportunity to buy coins, which they expect to generate attractive returns in a few years. Then they will sell the purchased pieces with the highest possible profit.
Real Assets Increase In Value
After all, investors have been struggling with low-interest rates for many years. That makes tangible assets more interesting again. In addition to classic real estate and gold bars, this also includes art and coins. You can see the boom in two factors. First, there is a rising gold price, which only reached a new record a few weeks ago. On the other hand, you can observe that more and more buyers are willing to pay an even higher premium on the material value of coins. The price of Kruger bikes from South Africa alone rose by 20 per cent last year. You can also see the run in Berlin. There not only collectors with simple tables, but also dealers with high-quality goods from all areas stand side by side. The prices for high-quality coins start at 200 euros. The expensive pieces are not even visible but are locked and secured in the safe.
Rarity And Material Value
Two factors determine the prices. For gold coins, for example, this is the material value of the gold plus a premium. With collectables, however, the rarity counts. How often is the coin still around and how many people are interested in buying it? You calculate the value from this. Of course, there are also trends to consider here. The collectors are always interested in new coins. Years ago, pieces from Russia were in particular demand. Now it is mainly those from the Austrian royal house of Habsburg.
The simple collector next door, however, is interested in beautiful motifs and good quality. These coins are produced in large numbers and will not increase in value. But this is also about the sense of community. Collectors organize themselves and like to share their experiences. On closer inspection, this hobby turns out to be particularly interesting for older men. That is why the industry is now trying to get women and younger people enthusiastic about coins. The newly issued coins aim to appeal to a younger audience with more colour and accessories. Long-term collectors are sceptical whether this strategy will work. The future of coin collecting is, therefore facing hard times, if it does not succeed in inspiring more young people.