The 5 collectible coins whose value will increase in 2024
Coin experts predict an increase in the value of certain rare collectible coins. Find out if you hold some of those that will soon become more valuable.
Millions of coins circulate in the United States every single day. Although a large part of the population only takes into account the face value of their spare change, coin collectors keep their eyes wide open in case they find any valuable or rare specimen.
According to the US First Exchange website, the value of a coin is determined based on its rarity, the condition or grade of the coin, and the demand in the market. However, there is an additional factor that could affect the value of the specimens this year.
According to a forecast from Numismatic News, some coins will rise in value this year as a result of the increase in the sales of collectibles, brought about by the need to pay basic expenses. This will in turn cause a rise in purchasing interest and therefore, increase the value of the coins.
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The 5 collectible coins whose value will increase in 2024
Among the coins that are expected to have an increase in value in 2024 are the following examples.
Half Eagle $5 US Gold Coin
Produced from 1795 onwards, the lowest bids are at $15,000, while the highest bids can exceed seven figures. The most sought-after example is a 1798 coin with a small reverse eagle.
1909 Lincoln Cent
1909 Lincoln Cents can be worth up to $200. However, there is a variant under the Mint State-63 classification that could raise its value several times more, according to the coin aficionado website.
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Franklin Half Dollar
It was produced from 1948 to 1963. Although there are no important rarities, specimens under the classification MS-66 or higher can raise their prices up to five figures. It would all depend on the details on the coin.
Morgan and Peace silver dollars
Morgan and Peace Silver Dollars are some of the most sought-after coins in the United States. They date back to the 19th century and their value is around $1,000 per unit, although it can increase due to their high demand.
Mercury dimes from the 1940s
The most valued among these 10-cent coins are graded MS-67 with full bands. The right specimen can fetch hefty price tags, though some collectors would prefer to assemble partial sets with coins costing about $200 each.