Modern Coins Can Give You a Good Price Financial Advice
It’s not just old numismats that earn. Profits that are currently being banned by the NBP are also tempting.
Over half a century has passed since the first collector’s issue. Today, only the circulation coin has a round shape. Among these occasional values are rectangular shapes, stars, and now even a sphere.
Coins began to take on three-dimensionality, change colors, dazzle with ambers, zircons and incrustations, turn into small works of art. One thing has not changed, they still have their faithful devotees, who have passion for the investment topic, because the coins can not only enjoy the eye, but also bring profits.
Profits that would not have been expected by those who from the mid-90s were lining up in front of the Mint in long queues to buy all the coinage bags of the then beaten two-zloty with catfish, hedgehog or deer, which today single copies are worth several thousand percent more.
The NBP, in addition to circulation coins – also occasional coins, commemorating important events, figures and historical anniversaries – issues collector coins made of precious metals: gold or silver. The volume of issue of collector’s coins ranges from a few hundred pieces in the case of gold coins to several million pieces in the case of non-sparked coins. The most expensive and the fastest-growing are gold and silver coins, the circulation of which is relatively small . This does not mean, however, that only those made of precious metals are getting more expensive.
The most sought after occasional two-zloty prices reach several hundred zlotys. The most valuable are those that were minted in the first series from 1995-1996. The record belongs to PLN 2 with Zygmunt II August. You have to pay for it today from PLN 499 to PLN 670, which means that prices have risen by about 30,000 on average. percent. The most expensive are in mint condition, i.e. never used as a payment means, with no traces of use, defects, scratches or traces of cleaning. Those that have been in perfect condition may in some cases be even several times more expensive than the worse ones. Five years ago, the occasional two-zloty NBP replaced the occasional five zlotys. The last two occasional marvels were: a coin minted to commemorate the Polish Olympic team in Sochi 2014, to commemorate the 100th anniversary of the birth of Jan Karski and a Polish horse from the great interest of the series Animals of the World which has been popular for years.
In the same year, the NBP changed the issue policy. Earlier, encouraged by growing sales, it increased the expenditures of individual issues, which meant that prices on the secondary market collapsed. In 2014, he resigned from this. Some coins, especially gold of PLN 500, are issued in several hundred copies and are harder and harder to obtain.
A good investment was cheaper collector’s coins – silver minted in denominations of 10 and 20 zlotys. Among the first, the most expensive ones today are those from the series “Polish Kings and Princes” with Zygmunt II August and Stefan Batory. Both with images of torso. The first prices range from 1.5 thousand. PLN to over 3,000 PLN, the second from 1.7 thous. PLN to 2.5 thousand PLN, depending on the state of preservation. The most expensive – in mint condition – are secured in the case of silver coins with plastic capsules, and in the case of zlotys, additional boxes with attached certificates containing their exact description.
The classic shape of coins in the form of a metal disc is more and more often now replaced by fancy shapes.
Collector coins are minted with mirrored punches that allow to achieve a perfectly polished, mirrored background and a matte figure. Increasingly, they are also decorated with ambers, cubic zirconias, ceramics or the pad printing method, consisting in applying a printing ink with a soft stamp called a tampon. The first amber coin is the PLN 20 Amber Route, the price of which varies between PLN 700 and PLN 2,900 today. zł. These differences also result from the state of preservation.
Collectors of Polish contemporary numismatics most often collect them in series . NBP has already issued them 23. In some of them coins are still minted. This year, for example, will appear in the series of “Steadfastly Soldiers by Communists”, the eighth coin with Stanisław Kasznica “Wąsowski” – commander of the Western National Armed Forces, head of the NSZ division and chief of Intelligence and founder of the Underground Army. 10 zloty coin and 13,000 copies pieces will go on sale on April 16. On October 10, a 10-zloty coin will be penalized – a coin with Łukasz Ciepliński, “Pług”, a soldier of the Union of Armed Struggle of the Home Army, and after the war – the head of the 4th Board of Freedom and Independence.
It is worth checking: Coins are a better investment than images
The series “Great Polish economists” will also be continued. On April 25, a 10-zloty coin will be issued with Roman Rybarski, the author of the draft of the Bank of Poland’s statute, commissioned by Władysław Grabski and the editor of the final bill on the Bank of Poland. The history of the Polish coin, which began the denomination of Bolesław Chrobry in 2013 with the face value of 5 zlotys, currently worth 135 zlotys, will be completed on July 10 by Jan Sobieski, sixth.
More expensive than Denar Chrobrego is the denarius of Bolesław the Bold from the same year with the same denomination. However, not only the coins from this series are minted a few years ago, but even very young. Boratynka, tymf Jana Kazimierza, which went into the hands of collectors in July last year. with an issue price of PLN 180, today it is worth 22%. more. This year there will also be coins from the “Termopile” series and a hundred zloty coin from the series “The Century of Poland’s Regaining of Independence”. The first PLN 100 – with Józef Piłsudski – was minted in November 2015. The issue price was PLN 1,500. zł. Today, a coin can be bought for a minimum of 1.9 thousand. zł.
At the end of May there will also be a premiere. This time, PLN 20 with Helena Modrzejewska, which will inaugurate the new – the 24th – the series of coins “Big Actresses”.
The Mint of Poland, which beats coins, among others on the order of the National Bank of Poland, it is appreciated for more and more complex designs . Today, coins of various shapes are no surprise, but the series “Polish painters of the 19th / 20th century” is still appreciated. The unusual, rectangular shape of the coins refers to the shape of the paintings. The original color is also their color thanks to the use of a special coin technique, which allows placing four colors on the palette. Sometimes coins even have hologram images printed on them.
Collectors do not cease to be surprised . At the end of 2018, collector’s coins issued on the occasion of the 100th anniversary of regaining independence began to appear. Among them is gold, in the shape of a sphere, with a symbolic denomination of 2018 with a fragment of the Polish national anthem, a silver ball with a nominal value of PLN 100 and a gold zloty, different from circulating coins in this denomination, almost twice the diameter and weight of two ounces. All cheap coins were not and are not due to not only on the crumb, but also the circulation. Zloty złotówek is 1000 gold, 100 and silver, whose issue price was 2.4 thousand. PLN 1918. The price of the golden ball has jumped since November 7 from emission PLN 54 thousand. PLN to almost PLN 102 thousand zł. It is still enough to buy it at the Mint of Gdańsk. The silver price has doubled, and PLN 15 999 for PLN 1, PLN 2999 more than the issue price.
Not all coins bring a big profit , but most – though often slowly – gain much more than the interest rate on bank deposits, and the beauty of the eye is pleasing to them. Investing in securities issued by the NBP does not require such knowledge as investing in antique numismats. Just choose the ones that have the lowest possible circulation and are nice.
Coin prices fluctuate. This does not mean, however, that finding a coin much cheaper has hit the opportunity, because the value of the coin is determined not only by its expenditure, but also its conservation status.
In the assessment of this state, specialized shops and numismatic centers can help, which cooperate with NGC – the largest and most valued company in the world, specializing in grading, or determining the condition of coins.
The most valued are coins in mint condition, which have never been in circulation and have no signs of use. The second degree is described as excellent. It also applies to coins that have never been put into circulation, but may have slight damage that still arose in the mint. Only the third in this hierarchy is the very beautiful coins, which have small traces from the circulation, such as small scratches or damage to the bank.
There are even more qualifiers as well preserved. The fourth level is beautiful, which includes coins with visible traces of use, but not affecting the readability of the coin drawing. On the other hand, a very good condition indicates a significant consumption, which affects the damage to parts of the drawing on the coin. There is also the classification of good coins in the world, including coins with an illegible part of the drawing and in bad condition, in which the value of the coin can not be determined.
Only five degrees were accepted in Poland. The highest level – L – has mirror coins, and the lowest – V. The mirror coins are divided into the next five degrees. The coin value assessment is not so easy, especially for beginner collectors. Grading, however, can be outsourced to a specialized company. This service costs from PLN 15 for coins up to PLN 1,500. PLN 59.00 for coins over PLN 20,000 zł.