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 Replies: 20 / Views: 6,879 |
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Valued Member
Cyprus
349 Posts |
Hi which Vatican coins are the most collectible and most likely to hold their value better? I understand that the 2 euro commemoratives are popular. Are the BU and proof sets likely to hold their value? Regards, Ozzie  |
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Pillar of the Community
Germany
1238 Posts |
My crystal ball is temporarily out of order. ;) Currently you pay about €1,000 for the 2002 proof set and about €500 for the 2002 BU set. The following years are less expensive, also because the mintage went up. The 2010 sets for example cost about €160 (proof) or €60 (BU).
Since the Vatican is now allowed to have more coins minted, but is also required to issue at least half of its annual volume at face, collectors who want just one VA piece may say, nah, I do not have to buy an entire set. Those who want all eight denominations will still have to buy sets though.
As for the commems, the one from 2005 (World Youth Day Cologne) is the most expensive one, at about €150. The Swiss Guard piece (2006) is in the "more than €100" range too. The ones issued before and after the two are less expensive ...
Christian
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Valued Member
 Cyprus
349 Posts |
Hi Chris thanks for the information. I am interested in these coins but don't want to buy expensive sets that will drop in value years later. How does one get the coins at face value apart from finding them in circulation in Italy? Regards, Ozzie |
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Pillar of the Community
Germany
992 Posts |
The only Vatican Euro coin you might get at face value is the 50 Cent piece from 2010, which has a mintage of slightly over 2.000.000. It's the first Vatican Euro coin made for actual circulation.
Except for the 2002 set and the SedeVacante set from 2005, which are still very expensive, the prices for the other sets have dropped somewhat, but are now relatively steady.
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Valued Member
Cyprus
349 Posts |
hi redlock, what are the issue prices for the other sets roughly (ie. issue prices versus current prices) except for the 2002 and 2005? I'm trying to gauge whether to try and buy them at issue price or market prices. You comments would be appreciated. Regards, Ozzie |
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Pillar of the Community
Germany
992 Posts |
@ Ozzie:Take a look at the link: http://www.vaticanstate.va/EN/Servi...i_monete.htmI highly doubt that you will be able to get BU sets from collectors or dealers even "near" the official issue prices. The Vatican Euros (together with the ones from Monaco) "play" on a totally different level then all the other Euros. The BU sets started with 15 Euros, then 21 Euros, then 23 Euros, then 30 (IIRC).
Edited by redlock
02/27/2011 05:19 am
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Valued Member
Cyprus
349 Posts |
Hi redlock,
so if I could get a BU set this year from my friend at issue price it would be unlikely it would go down in price? Does that also go for the BU sets?
Regards,
Ozzie
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Pillar of the Community
Luxembourg
588 Posts |
Ozzie,
Vatican coins are always a buy if you can get them at issue price.
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Pillar of the Community
Germany
992 Posts |
Any Vatican BU set (if it is a real one) at issue price is a "must buy."
Those set will most likely NEVER go below issue price.
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Valued Member
Cyprus
349 Posts |
I also meant to ask about the proof sets. They are quite expensive. Is it worth paying the extra dollars for them or just stick to the BU sets?
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Pillar of the Community
Germany
992 Posts |
In my opinion, stick with the BU sets.
Their prices are high, but not outrageously high (except for the 2002 and the 2005 SedeVacante set). AND, you will always be able to sell them and get a fair price (or fair return on your investment) because, there's a lot of trading going on with them (at least here in Germany).
One advice however:
Only buy BU and/or proof sets with money you can afford "to burn." Yes, chances are excellent you will be able to recoup the money you spent on the BU sets, but there is also a lot of built in speculation with the Vatican coins.
It's not as bad as 3 or 4 years ago, however, it's still there.
In my opinion, the extra quality of the Proof coins is not worth the extra dollar.
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Valued Member
Cyprus
349 Posts |
Thanks for the information redlock. I will stick to the Bu sets and the 2e cc's.
I suppose there are more collector demand for the 2e CC's and the basic BU set.
What about Vatican PNC's they issue?
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Pillar of the Community
Germany
1238 Posts |
Me, I don't care about them. :) As I do not collect stamps, there is no reason for me to buy a PNC (BFN, Numisbrief) type combination of coins and stamps. They are quite expensive in my opinion (€45 for a €2 coin plus some stamps) and, in my opinion, primarily bought by stamp collectors.
Christian
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Valued Member
Cyprus
349 Posts |
ok thanks for the information.
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Pillar of the Community
Germany
992 Posts |
Quote:
I suppose there are more collector demand for the 2e CC's and the basic BU set. The 2 Euro CC's became a separate "collecting area" soon after their introduction, which is quite popular here in Germany/Europe. |
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Valued Member
Cyprus
349 Posts |
Someone was telling me a vatican starter pack is worth 1500 euros!
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Replies: 20 / Views: 6,879 |
Posted 02/25/2011 10:35 pm
