Rare coins can make for a very smart investment, but if you’re just beginning your collection, you might not know what types of coins you want to focus on purchasing. Specifically, you may not be certain of the difference between bullion coins and collectibles. With insights from the team at Franklin Street Coin Company in Cincinnati, OH, you can become better acquainted with these two types. Whether you’re looking to buy collectibles or get cash for gold, they’ll make sure you know the value of your coins.

Rare Coins & Bullion Coins: What’s The Difference?

Rare coins, or collectibles, are coins that are no longer produced or were produced in very small quantities. Their value isn’t merely related to the price of the gold or silver out of which they are made—their value also comes from the fact that they are difficult to find. Like any other collector’s item, be it rare comic books or classic movie memorabilia, they’re worth more money because those with an interest in them wish to complete a collection.

Bullion coins, on the other hand, may technically still be in production. Made of silver or gold, people invest in them not because they are rare, but typically because they assume the value of gold or silver will rise in the future, netting them a profit. Unlike rare coins or collectibles, people don’t necessarily have difficulty finding them; they simply may not have the funds to invest in a bulk supply of them.

If you’re thinking about collecting coins or want to sell some of your own, get in touch with the team at Franklin Street Coin Company, in Cincinnati, OH, to learn how you can start. Visit them online for more information, or give them a call at (513) 554-0851.