Why Commemorative Coins are sold above their face value?
When a government or any other institution would produce a commemorative coin, it would include the considerable surcharges appropriated for their beneficiary. Part of the proceeds from the commems goes to sponsored organizations like for instance, the United States Olympic Committee. Thus, these coins are sold above their face value and the market worth of their metal content. Two sides of the Commemorative coin As a sensible coin collector, you might want to ask: are commemorative coins worth investing? The views of coin collectors and investors on commemorative coins vary a lot. Pros – Some numismatists say it is a beneficial investment. Even if commemorative coins carry historical events and persons in their country of issuance, they are circulated mainly for profit making. The worth of commemoratives is based on the limited number of issues, the material, the program beneficiaries, and the perceived market. The best thing about collecting commemorative coins is that you hold a pie
