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 Post subject: Coins Approved by Vatican and Australian Mint to Mark the Wo
PostPosted: Wed Mar 12, 2008 6:31 am 
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Penguin

Joined: 09 Oct 2007
Posts: 8
on http://dig4coins.com/news/latest/coins- ... -2008.html i have read thet several coins, all made of gold and silver, where minted in order to celebrate the world
youth day, organised by catholic church. it will take place in Sydney. all these coins are commemorative, and i have a
question: is it worth collecting commemorative coins? do they cost something, or they are "just for fun"?
i'll appreciate your answers. thanks.


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 Post subject:
PostPosted: Wed Mar 12, 2008 12:40 pm 
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Emperor Penguin

Joined: 25 Dec 2002
Posts: 9210
Location: Phoenix, AZ. "The Valley of the Sun"
Sure they cost something ... didn't you see the prices ?

Silver $86.37 (AUS)
Silver $79.95 (US)
Gold $1,772.73 (AUS)
Gold $1,641.02 (US)

They're definitely not "just for fun" ... they're collectors items.


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 Post subject:
PostPosted: Wed Mar 12, 2008 1:09 pm 
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Moderator

Joined: 10 Sep 2004
Posts: 8861
Location: Las Vegas
Collecting anything is really up to you and your personal interest. Don't collect commemorative coins thinking they're a good investment. They might (or might not) be worth something to collectors in the future, but the cost of the coins usually far exceed the value of the precious metal itself.


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