Appearing on Master Investor, Solomon Global explores the long-term growth potential and increasing popularity of coin collecting.
According to Transparency Market Research, the global coin collecting market, valued at US$18.1 billion in 2023, is anticipated to grow to over US$43.9 billion by 2034.
In light of the significant increase in gold prices over the last 18 months, it is essential to understand that collectible gold coins carry an added value beyond the intrinsic value of gold they contain.
This trajectory is being driven by a combination of factors including today’s uncertain economic climate and The Royal Mint’s VAT and Capital Gains Tax exemption for UK investors.
Certified coins not only grant access to gold as a commodity but also present the chance for enhanced value growth due to their limited availability and historical importance. Solomon Global is perfectly situated to assist investors and collectors in taking advantage of this profitable and growing market.
Read our full article as featured on Master Investor – “Long Term Growth Potential and Increasing Popularity of Coin Collecting.”
Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Buying physical gold as an investment involves risk, as the value of precious metal prices can be volatile. Historical financial performance does not necessarily give a guide of future financial performance. We recommend that you conduct your own independent research and seek professional tax, legal and financial advice before making any investment decisions.
