Why Makes Old Coins are in so much Demand?

Remember that not all old coins are valuable; some are only worth it because of their antiquity and rarity. Three explanations spring to mind.

• Rarity. The output was typically relatively low because there weren't any large machines to create coins for us back then, especially when compared to the billions of coins the United States mints annually.

• loss of output Even though it's not a real phrase, the fact that so many coins are lost or destroyed over time increases the value of the ones that remain, especially those that have maintained their quality. Old coins gradually disappear, making the ones that survive considerably more valuable.

• Value historically. Many old coins will be quite valuable historically. Coins from periods like Napoleon's, the Nazi era, and Caesar's Rome are valued not merely because they are ancient (which is partially why they are valuable). The market for these coins is much wider because people would rather own a coin with Napoleon's face than a coin with the face of such-and-such who did nothing to gain notoriety back then. Knowing that the coin was minted under the rule of the most famous rulers of all time will (generally) fetch much more than a coin with the same age and rarity.

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