Will Rising Numismatic Prices Spark Market Shortages?
May 13, 2022
4 minutes
By Patrick A. Heller
It is standard supply-and-demand economics that when demand increases for a product or service while the supply remains constant, prices tend to rise. Then, when prices rise, that encourages providers to try to ramp up supplies available on the market, which would dampen price increases.
The numismatic market works partly in that manner, and partly not.
For more than the past year there has been a huge surge in rising demand for numismatic coins and currency. A number of prices have increased, without regard to the change in possible precious metal content.
While the number of ultra-rare “trophy” coins seem to be coming out in auctions
You’re reading a preview, subscribe to read more.
Start your free 30 days