Investing in Australian Rare Coins
Acquiring a rare coin requires specialist knowledge and experience. Coinworks is the only Australian company that focuses solely on the buying and selling of rare coins and we offer the widest range of quality Australian rarities.
If you are keen to invest in the rare coin market, then the first consideration is to work through a budget. Then take a look at our inventory in SHOP and identify those areas of the market that you are attracted to. And then email. Or better yet, talk to us on 0402 289 499.
With more than fifty years in the industry, Coinworks knows the rare currency market. And this is knowledge that is imparted to clients to assist in their decision making process.
And while price is obviously a consideration, and paying a fair market price has to be a prime goal in any purchase, it is equally important to know the direction that the market is taking to harness future growth and to maximise that growth potential.
Coinworks position in the market place and our network of contacts ensures that we have a detailed knowledge of the market’s workings and its potential. Our promotions and publicity keep one ‘eye’ on today’s market, with the other ‘eye’ firmly directed towards future activity.
Currency rarities are a genuine alternative asset class with a proven track record of growth. Naturally, consideration must always be given to your overall financial goals.
Rarity
Rarity is an important consideration in any coin purchase because, with fewer specimens available, there will be a higher comparative demand and less likelihood that a price will be challenged in the market place.
That helps insulate the coin against downward price pressures.
Quality
By introducing high quality standards into a rare currency selection, the pool of available examples is substantially reduced.
So quality becomes a further refinement on rarity. Prime quality is an insurance against market fluctuations and also a strong contributor to liquidity.
While it's true that Coinworks is associated with high value pieces, we guide clients at all dollar levels. The key is to look for genuine quality in an area of the market that suits your budget. That's why we advise against purchasing a coin that has been discounted because of damage such as an edge knock.
Quality versus Price
Buying quality doesn't mean spending outrageously at any price.
The balance between quality and price needs to be carefully considered to maximise the investment opportunity.
But it is equally important to know the direction that the market is taking to harness future growth and to maximise that growth potential.
History
At Coinworks we particularly favour coins that are highly historical because they will embrace the widest possible buying audience.
This in turn underpins capital growth and enhances liquidity.
Provenance
Provenance is a key consideration.
Not only from the perspective of clear title.
Historically we know that ‘great collectors ’ tend to own great coins so a strong provenance will more often than not re-affirm the calibre of the piece.
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