Do old coins go up in value every year?
A. Not necessarily. The prices of coins sometimes decrease. Rising prices often occur during times when the economy is inflationary. Sometimes prices can rise because of an increase in demand. If that demand reflects an increase in the number of collectors, one can expect a consequent increase in prices. However, increased demand comes from an influx of investors into the market, be careful. Investor driven markets eventually collapse, causing prices to fall rapidly. Coin Collecting is better viewed as what it is, a hobby.