 1986 W PROOF ONE OUNCE $50 GOLD EAGLE COIN BEAUTIFUL  US $1,560.55
|
 2 1976 OLYMPIC GOLD 22K 1 2 OZ COINS 1 TROY OZ TOTAL US $1,227.00
|
 2007 1 4oz Gold American Eagle Proof 25oz Gold Proof US $416.00
|
 1998 AMERICAN EAGLE ONE OUNCE GOLD BULLION COIN US $1,325.00
|
 2005 NGC $5 GOLD American Eagle MS 69 US $127.06
|
 1999 AMERICAN EAGLE ONE OUNCE GOLD BULLION COIN US $1,335.00
|
The Basics of Coin Collecting Value
Coin collecting value mainly depends upon two fundamental factors related to the process of coin collection. The first is the monetary value attached to it, and the second is the aesthetic value generated by coin collection as a profession or hobby. While the monetary value remains almost the same across the collectors, the aesthetic value varies from person to person.
It is noted that the aesthetic value will be higher among coin collectors, who take on coin collection as a hobby, while it is lesser among who do it as a business or profession. However, there are people who maintain a balanced approach to collection, focusing evenly on monetary returns and artistic satisfaction.
In olden days, coin collection was the hobby of the Kings and the highly affluent people. They did it mostly for sheer fun the various kinds of coins came across in the process generated. Coin collection as an art traced back to the 14th century. That resulted in vast collections of rare and precious coins mostly in ancient kingdoms and royal families. Today, people all over the world are indulged in collecting coins; some for monetary gains, some for fun in collecting special type of coins, and some for both.
Coins collection as a hobby is open to any individual, who has got a genuine interest in coins. It hardly requires a certain skill and can be mastered by time and experience. Generally, there are many different kinds of coin collectors driven by different interest. This include informal coin collecting, inquisitive coin collecting, and advanced coin collecting.
Most of the coin collectors, especially the younger generation begin as informal coin collectors. They are not influenced by any specific goal or target. Their focus may be collecting coins of different countries or of different times disregarding any special objective.
The informal coin collector if continues in the process will become an inquisitive coin collector. At the stage, he would have generated much curiosity and interest, unmindful of the cost involved in collecting the coins he is interested.
The third stage is the advanced coin collection, where the collector is focused on certain specific targets or goals. Here, his actions are mainly guided by certain criteria such as coin collection according to nation, historical coin collecting and error or rare coins collection.
Overall, the coin collection value is the sum total of the monetary value and aesthetic value in coin collection. While monetary value of coin collection is influenced by the market conditions and other external factors, the aesthetic value is subjective and varies accordingly. The one who balance both these values can optimize the coin collection value in any given time and conditions.