EIN Presswire: "Coin Collecting Market Set to Double By 2032, CAGR of 8.08% to Reach $61.2 Billion"
Goldbully
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Well, this report certainly sounds positive for our hobby/industry.
Lots to digest in the Market Research Future Report.
What does the forum think about this report?
Coin Collecting Market Set to Double By 2032, CAGR of 8.08% to Reach USD 61.2 Billion
News Provided By
Market Research Future
January 10, 2025, 17:34 GMT
Coin Collecting Market Research Report By Coin Type, By Metal Content, By Grade, By Country of Origin, By Collector Type, and By Regional
NEW YORK, NY, UNITED STATES, January 10, 2025 /EINPresswire.com/ -- 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
In 2022, *Coin Collecting Market was projected to be worth USD 28.15 billion. By 2032, it is anticipated that the coin collecting industry would have grown from 30.43 billion USD in 2023 to 61.2 billion USD. Over the projection period (2024–2032), the coin collecting market's compound annual growth rate (CAGR) is anticipated to be approximately 8.08%.
𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐂𝐨𝐢𝐧 𝐓𝐲𝐩𝐞𝐬
The market is segmented by coin type into ancient coins, medieval coins, modern coins, commemorative coins, and error coins. Each category offers unique appeal to different collector demographics. Ancient coins, prized for their historical significance, attract historians and investors seeking rare, high-value items. Medieval coins, with intricate designs and rich cultural heritage, continue to gain traction among niche collectors. Modern coins and commemorative coins are popular for their accessibility and affordability, appealing to casual collectors and investors. Additionally, error coins, known for their rarity and manufacturing anomalies, remain a favorite among seasoned numismatists looking for distinct, high-value pieces.
"𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲" - 𝐀𝐜𝐜𝐞𝐬𝐬 𝐚 𝐜𝐨𝐦𝐩𝐥𝐢𝐦𝐞𝐧𝐭𝐚𝐫𝐲 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐨𝐮𝐫 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐢𝐭𝐬 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
https://www.marketresearchfuture.com/sample_request/22623
𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐢𝐧 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐜𝐥𝐮𝐝𝐞
Kitco Metals, MCM Group, Numismatic Guaranty Corporation, Heritage Auctions, Professional Coin Grading Service, Christie's, Apmex, Stack's Bowers Galleries, Spink Son, BullionVault, Coin Invest Direct, GreatCollections, Krause Publications, Sotheby's.
(Continues in article link)
Comments
I did not register my email to read the full report.
Just looking at this graph, I see 2020 and 2021 are left out, which makes me wonder what are the confidence
intervals for their forecasts, based on what seems to be a single average growth rate used for the projections.
They say a rising tide lifts all boats so i guess "YAH". However, where exactly would traditional U.S. Federal coins sets/type. and bullion fit? Are they not the two largest segments of American coin collecting? James
Does that analysis include parking lot find errors?
Probably good for the folks at the top. For most of us it reads like inflation. .
Looks like a GIGO chart to me.
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