What factors affect the price of coins such as the European gold coins? Will they hold their value if gold prices drop?
Prices for coins such as the Swiss 20 Franc, British Sovereign and the French Rooster generally follow the spot price of gold. When gold goes up, these coins go up and when gold goes down, these prices go down. However, there is generally a premium for these coins based upon demand for these coins as numismatic or semi-numismatic items and sometimes when gold prices drop, these coins may hold their value or not drop as much.
