How Do I Start a Collection of Modern Collectibles?
The world of numismatics is trending toward modern collectibles, but you may be wondering what the precise definition of “modern” really is. In art or furniture, for example, “modern” refers more to the design principles a piece exhibits than the date of its manufacture. In numismatics, there are several answers for this question. If we limit our discussion to coins of the United States, it is commonly agreed that modern coins are those produced during and after 1965, when the United States began to move away from the 173-year relationship between the intrinsic value of physical Precious Metals and the value of its coins. By 1971, no circulating coins contained any Silver. Now, though, modern coins include commemorative coins and Precious Metal bullion coins besides circulation issues. The field of modern collectibles is wide open.
Are Modern Coins Viable Collectibles?
It is fair to say that experts are divided on the topic of modern collectibles, with some adhering to the idea that only “classic” coins have numismatic value while others embrace the trend toward modern collectibles. We at APMEX believe that while older coins will continue to be sought on the coin market, there is plenty of room for modern coins, too. They are a huge part of our collective contemporary history, with some having great intrinsic or investment value, and there are many fascinating examples to interest a variety of collectors.
If you would like to begin acquiring modern collectibles, you must start by buying something! That’s the fun part. However, before you buy, it’s important to select something that speaks to you and will help you reach your goals as a collector. Decide on your budget, whether you intend to lean into intrinsic or numismatic value and what coins you find appealing. Once you have given consideration to those factors, it’s time to shop. That may be daunting even for an experienced collector. The sheer number of modern collectibles available could seem overwhelming no matter how long you’ve been purchasing coin. Allow us to direct you to some particularly interesting pieces for your consideration.
This date is among the most popular of the Proof Silver Eagles because of its low mintage and the fact that it was the first Silver Eagle to bear the West Point Mint’s “W” mintmark.
This cent is a popular modern collectible because of the obvious doubling of the date and the relatively low cost.
This exceptionally beautiful coin is the only Gold and Platinum bi-metallic coin struck by the U.S. Mint.
This ultra high relief resurrection of an iconic pattern design used in 1907 required multiple strikes on special extra-thick planchets.
This is popular as an example of a low-mintage commemorative coin.
These represent just a few modern collectibles that appear on popular “Top 100” lists of modern coins and all can be found at APMEX. If you are ready to branch into modern numismatics, we are ready to help!