While investors continue to pour money into all things crypto, there’s another type of currency that appears to be gaining traction.
And this one is as “real” as money gets — as in rare coins.
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By many accounts, the coin (or numismatic) market has seen tremendous growth since the start of the pandemic, both in terms of number of sales and in the prices for sought-after items. Indeed, in 2021, a 1933 Double Eagle gold U.S. coin, billed as the “holy grail of coins,” sold for $18.9 million at Sotheby’s, with the auction house saying the price nearly doubled the world-record mark for a coin.
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