Why are some coins more valuable than others? (Coin Collections; appearently certain serial numbers written on € bills also influence its actual value)

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Why are some coins more valuable than others? (Coin Collections; appearently certain serial numbers written on € bills also influence its actual value)

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Anonymous 0 Comments

It helps that collectors see coins as sets. This can vary– you might try to collect all coins of the same denomination from one mint, one coin per year. Or you might try to collect every coin issued during a given war, or during your great-grandfather’s life. Or perhaps you collect coins from any time or mint that have an error but were released to circulation anyway. Another set might be every design for a given type of coin issued by a particular government, and so on.

Most collectors collect a lot of different ‘sets’, especially if they are a serious collector.

The desire to complete their sets means they are willing to go to sometimes great lengths to acquire a coin they don’t yet have. This also gives the rarer coins value, sometimes very significant value. It has nothing to do with how many peanuts you could buy with the coin, but rather with how much the collector wants that coin in their set.

There is a comedy/adventure movie called “Big Year” about the mindset of obsessive collecting, no idea if it is available in your country. It has to do with birds instead of coins, but the mindset is the same in both cases. There is no end to which someone won’t go to make it happen. I also found a TED Talk that about obsessive collecting a little bit if you’re into TED Talks: [https://youtu.be/AGgq5FdaaA8](https://youtu.be/AGgq5FdaaA8)

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