The Market is Not Just Strong, It’s Powerful
The numismatic market is proving its strength, with Heritage Auctions surpassing $100 million in sales in just the first three weeks of 2025. From multi-million-dollar rarities to the buzz around the 2024-P Doubled Die Reverse quarter, the excitement is drawing in collectors old and new.
Are we in a strong market? We may want to call it a powerful market. The results of the January 22 Heritage Auctions demonstrated this, with a total price of $65 million. That figure was helped by individual lots such as one of the near-legendary status 1894-S Barber dimes, which in Professional Coin Grading Service Proof 66 CAC realized $2.16 million by itself.
Heritage is reporting auction sales surpassing the almost unbelievable figure of $100 million during just the first three weeks of 2025. It can be anticipated that other rare coin auction houses will likely achieve similar results. Rare coins are hot. The 1894-S dime just used as an example would not have been consigned if its owner didn’t believe the current market would ensure competitive bidding for such a rarity.
Ditto for a 1798 Capped Bust Right $5 half eagle in PCGS About Uncirculated 55 that realized $3 million. This price was realized following more than 24 bids for this prize. These astronomical figures demonstrate what the highest end of the market is doing. More affordable coins continue to perform well, bolstered and encouraged by record-breaking prices for gold bullion and the highest spot price for silver in a generation.
Perhaps the most exciting thing grabbing the attention of collectors and possibly the general public is the 2024-P Doubled Die Reverse 2024-P Dr. Mary Edwards Walker quarter. Once the general public is prompted to begin watching its pocket change, new collectors will likely be minted. Coin collecting may have just gotten a bonus boost.
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