Coin Collectors Insurance 2025: How WAX Protects Numismatic Treasures

You're reading

Section Title

Coin Collectors Insurance 2025: How WAX Protects Numismatic Treasures

Insurance, music, travel, and timepieces

Published on: Oct 31, 2025

Share this story

The coin market remains robust. At Heritage Auctions’ 2025 Winter Florida United Numismatists show, a 1927‑D Saint‑Gaudens Double Eagle sold for $3.84 million and a 1894‑S Barber Dime realized $2.16 million. The rare 1933 Double Eagle remains the most valuable U.S. coin, having sold for $18.9 million in 2021. Even smaller collections can represent significant wealth.

“Coins are small but monumental in history and meaning. At WAX, we handle your numismatic treasures with care and expertise, so you can trade, exhibit and invest with confidence.”
Jeremy Caparas, Head of Customer Success


Unique Risks for Coin Collectors

  • Portability and theft: Coins are compact and easily stolen or melted for metal.

  • Shipping and grading: Many collectors send coins to grading services; loss or damage in transit is a major concern.

  • Market volatility: Coin values fluctuate with precious metal prices and collector demand.


WAX Solutions

  • All‑risk protection: Coverage includes theft, accidental loss, damage in transit, and natural disasters. Coins sent for grading, sale or exhibition are protected.

  • Agreed value: Our policies can lock in a specific value or adjust to market price at the time of loss.

  • Flexible policies: Insure a single rare coin or an entire collection under blanket coverage. Claims under WAX don’t affect your homeowners policy, preserving eligibility.


With WAX, numismatists can trade, exhibit and store their coins with confidence.


Real‑World Case Study

A coin collector mailed a set of ungraded Morgan dollars to a grading service. The package was misrouted and never recovered. Thanks to their WAX policy, they received compensation based on recent auction values and could rebuild their set. By contrast, another hobbyist lost a graded gold coin in a burglary; with no specialized coverage, their homeowners insurance paid only the bullion value, ignoring numismatic premiums.


Frequently Asked Questions

Q: Are bullion coins covered?
A: Yes. WAX insures bullion as well as numismatic coins, but coverage values differ based on market value.

Q: How do I document my collection?
A: Provide certificates from grading services (PCGS, NGC), purchase receipts and high‑resolution photos.

Q: Does WAX cover coin shows?
A: Yes. We insure coins on display or for sale at shows.


Ready to protect your collection?

Collectors can request a quote in minutes through WAX’s digital platform, while brokers can contact us for specialized numismatics coverage.

About Collector Intelligence

Collector Intelligence is the cultural extension of WAX Collect — built for collectors, by collectors. It reflects our belief that protecting what you love starts with understanding what it means to own it. More than content, it’s a trusted source of insight and discovery that proves WAX isn’t just an InsurTech company — we speak the language of modern collectors and share their values.

© 2025

All Rights Reserved

About Collector Intelligence

Collector Intelligence is the cultural extension of WAX Collect — built for collectors, by collectors. It reflects our belief that protecting what you love starts with understanding what it means to own it. More than content, it’s a trusted source of insight and discovery that proves WAX isn’t just an InsurTech company — we speak the language of modern collectors and share their values.

© 2025

All Rights Reserved

About Collector Intelligence

Collector Intelligence is the cultural extension of WAX Collect — built for collectors, by collectors. It reflects our belief that protecting what you love starts with understanding what it means to own it. More than content, it’s a trusted source of insight and discovery that proves WAX isn’t just an InsurTech company — we speak the language of modern collectors and share their values.

© 2025

All Rights Reserved