Coin Market Shows Strength Across the Board
From new 2026 issues and circulating cents to million-dollar rarities and precious-metal coins, collectors are finding plenty to chase in today’s active market.
King of the Morgan Dollars: 1893-S Morgan Silver Dollar PCGS MS-65 (CAC Green) (Ex. Clapp & Eliasberg). Image: Great Collections.
Modern coin collecting, especially new coin issues, has reached a fever pitch of excitement recently, due to the many modest-mintage coins with privy marks added being released in rapid succession. This is in addition to the unique designs that will only appear on coins dated 2026; these coins are sought as well. There are significant premiums on many of these coins, encouraging people to check their change as well as ask for rolls of coins at banks.
The 1-cent coin has just been legislated out of production; however, copper-composition cents through 1982 still being picked from circulation can retail for up to 12 cents each. While this market segment is in high gear, the more traditional scarce to rare sector of coin collecting hasn’t missed a beat either.
Two recent auctions particularly stand out. On August 9, Great Collections sold a Professional Coin Grading Service Mint State 65 1893-S Morgan dollar with pedigree including Clapp, Eliasberg, and Simpson for $1,181,250 including buyer’s fee. There were 12 bidders, and a total of 101 bids between them for the coin.
During and immediately after the American Numismatic Association convention in Pittsburgh, Heritage held auctions in which five more coins sold in excess of $1 million each, all of which have strong pedigrees. Coins of this caliber don’t get consigned to auctions unless the consignor is confident the market is sufficiently strong that the coins will pass their reserve prices.
Silver and gold coins selling as bullion continue to sell well, the spot price of these two metals being closely associated with what is proving to be the volatile price of energy and interest rates.
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