What effect does the current prices of gold or silver have on rare coins?
This has always been a source of confusion as potential investors look at the daily movements of precious metals. In short, the effect of price movements is minimal for investment grade rare coins. It is similar for any work of art, whether it be a rare painting, sculpter or even a classic car. The price is not made up so much of the amount and value of the materials used. Their value is derived from their rarity as well as collector demand.