Why it’s easier to make profitable collector coin Investments in Europe compared to Canada or the USA. As I am often surfing around various different official minting websites of some countries I noticed that these minting institutions follow very different strategies from country to country.
For example, in Germany and Austria the official minting institutions only provide a rather manageable amount of collector coin series and for these series, they are also taking their time in designing the coins very nicely. Usually, this means there are not that many new collector coin series during a timeframe of one year. But due to this fact, the mintage is rather in a higher area of 30.000 – 70.000 on average for any coin of a given series to serve the market adequately.
Due to the limited amount of possibilities for coin collectors in the german speaking area, this means they don’t have a lot of options which leads often to higher reselling prices after coins are sold out from the official minting stores. Another factor which has to be taken into account is that professional coin resellers also noticed this behavior and buy higher lot sizes of all high runner collector coins which lead to a shortage in the supply of the official resellers and pushes the aftermarket sales additionally.
On the contrary for example, for the Canadian collector coin market, the official minting institutions follow a totally different strategy. I noticed that they create a very wide variety of new coin series every year, at least more than 20- 30 new series. Most of this new series have a rather lower mintage which makes them, on the one hand, more attractive but on the other hand due to the wide range of collections that are available I don’t see that much price pressure is existing in the after-market. Of course, there are always also profitable investing possibilities in every market. But the focus should be to make the process of finding the best possible investment as effective as possible – therefore I favor the European market more.
I wish you good luck in discovering profitable investments and maybe take a look in my overview article about where to source collectors coins.