Are Modern US Mint Commemorative Coins Worth Collecting?
Modern commems are eminently worth collecting! As creative works, they offer opportunities to assemble designs by some of America's most talented and prolific numismatic artists.
Multiple perspectives exist on whether collecting modern U.S. Mint commemoratives is worthwhile. Some collectors find them appealing for their designs, special finishes, and historical significance, while others view them as overpriced and not a sound investment. Here's a summary of different viewpoints expressed by readers in response to a recent Coin World question:
Those who believe modern commemoratives are worth collecting cite the following reasons:
• The coins showcase creative designs by talented numismatic artists, providing an opportunity to collect a favorite artist's work in a numismatic medium.
• The coins serve as slices of Americana, each highlighting a theme that resonates with millions, such as sports, military service, and outstanding achievements.
• Commemoratives are important pieces of American culture, meant to be collected, displayed, and shared.
Those who believe modern commemoratives are not worth collecting typically mention the following points:
• The Mint sets an artificial scarcity for the coins, which are often available in large quantities.
• The coins are overpriced, especially in relation to their bullion value, and take a long time to recoup the investment.
• The quality and value of the coins have dropped significantly over the years due to the large number of commemoratives being produced.
• The coins are not intended for general circulation, which diminishes their purpose and collectibility.
• The coins are only issued to boost mint profits, with little regard for collectors' interests.
Ultimately, whether or not to collect modern U.S. Mint commemoratives depends on individual collecting goals, preferences, and financial considerations.
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