According to the Professional Coin Grading Service (PCGS), the rare coin index surged 40% over the past year. That’s not a typo. A 40% return — in a market with zero Discord pump rooms, no overnight rug pulls, and no celebrity pump tweets.
The gains were led by demand in pre-1933 U.S. gold coins, Morgan silver dollars, and even ancient Roman and Byzantine-era currency — coins that have literally outlived empires.
And here's what matters most: they aren’t just collectibles anymore. They're behaving like slow-burning portfolio anchors.
“Coins don’t crash overnight,” said renowned numismatist Michael Fuljenz during a recent American Numismatic Association webinar. “They’ve withstood wars, recessions, and currency devaluations. That matters.”
It matters to our clients, too. At WAX Collect, we’ve logged a 47% year-over-year uptick in coin-related insurance inquiries. Vault activity? Up 31% for slabbed coins. A surprising number of those entries come from long-time collectors who, for years, kept their coin holdings tucked away in dusty safe deposit boxes. Now? They're looking for coverage, digital inventory logs, and — most importantly — peace of mind.
One Collector, a Florida-based investment advisor, put it this way:
“I used to trade crypto daily. Now I keep a third of my tangible portfolio in pre-1933 gold coins. It’s quiet, stable, and easy to protect.”
That shift speaks volumes. We’re seeing coins go from curiosity to core holding — the financial equivalent of unplugging the noise and doubling down on something with weight.
And the broader market agrees. In April, a 1907 Saint-Gaudens Double Eagle fetched $3.2 million at Heritage Auctions — well beyond its estimate. Meanwhile, platforms like Stack’s Bowers and even newer fractional ownership apps are onboarding a younger, tech-literate audience who see coins not as outdated artifacts, but as resilient alternatives to fleeting digital plays.
What’s driving the interest? Part psychology, part portfolio theory. Tangibility feels like security in uncertain markets. Provenance, scarcity, and grade population offer data-backed clarity in a world oversaturated with hype.
The broader takeaway? In a world where crypto can double overnight — or evaporate by morning — coins are the tortoise. Quiet. Steady. Occasionally dazzling. But always moving forward.
They may not get their own subreddit. But in the long run? That might be the point.
