Record prices in 2018 U.S. rare coin market, reports Professional Numismatists Guild

Quality was in the eyes of the bidders in the multi-billion dollar United States rare coin market during 2018, according to a year-end tabulation conducted by the Professional Numismatists Guild, a nonprofit organization composed of many of the country’s top rare coin and paper money dealers. While prices declined during the year for some U.S. coins in easily available lower grades, hundreds of noteworthy coins from early American to modern that are among the finest known of their kind set auction price records. Based on responses to a year-end PNG questionnaire, the aggregate prices realized for all U.S. coins sold at major public auctions in 2018 totaled more than $345 million, compared to $316 million in 2017. The PNG estimates the overall U.S. rare coin market in 2018 was over $4 billion not including sales by the United States Mint or bullion coins, such as gold and silver American Eagles. “With the stock market dr

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