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Valuable little thing. How to make money on investing in rare coins
Rare coins can grow in price by hundreds of percent over ten years. What influences their value and how to find assets attractive for investment in this market?
Old coins are the third most profitable alternative tool in the world after rare cars and collection wine. According to the latest report by Knight Frank, over the past 5 years, the return on investment in rare coins was 50%, and in ten years – 182%.
Numismatic market trends reflect special indices that include rare coins from different countries in whose territory they once served as means of payment. Continue reading
FIRST RUBLE
– The original ruble of the Russian Tsar Alexei Mikhailovich in the catalog of V. I. Petrov (1900) is estimated at 300 rubles.
Of course, the cost of extremely rare items of numismatics is a very relative concept. Petrov understood this very well, pointing to every page of his catalog: “Prices are not obligatory”.
A numismatist is usually interested not so much in the specific cost of a relatively rare numismatic item, as in its historical significance.
From this point of view, the ruble of Alexei Mikhailovich is of double value: both as a great rarity and as a new milestone in the history of Russian money circulation. Continue reading
STARTING COLLECT …
We are looking at the coin. Do not take her fingers for the image. Even beyond the very edge. There is always fat on the fingers that remains on the coin. From this it rust, tarnish, covered with bloom. If you really need to take the coin with your hands, hold it with two fingers on the opposite sides of the herd. The herd is called the edge of the coin.
In the 18th century, signs on the edge, notches, and inscriptions appeared in Russia. Forging a coin has become much more difficult. There were more than 100 varieties of signs and inscriptions on the gurts of Russian coins. There are simple relief notches, and an indication that this is His Majesty’s ruble, that “a beard is an extra burden”. Continue reading
