
Recently, a sharp rise in the demand for rare, ancient, and unique coins has been witnessed across various auctions. One such coin, the NGC XF40 Flowing Hair Dollar, was graded as NGCX 7 and fetched $2,700 more than expected. Simultaneously, there are accounts of 10-Cent coins that are secretly worth $2 Million due to their historic significance.
Auctions in Hong Kong have seen aggressive trading in Gold and Silver coins. Remarkably, a $100 million coin collection - The Traveller Collection - surfaced after lying buried for decades and is bound for auction. Yet another gold coin from Alba was noted for its second auction for rare Welsh gold.
In relation to cryptocurrency, the Bounce token, also known as the AUCTION coin, has soared in value by more than 100% over the last week. Other rare coins, like the 1851 Humbert $50 “Slug” MS62 and 1796 Quarter Dollar from the Frost Collection, have reaped positive results at auctions, further stoking interest in the coin collecting market.
However, with its rising popularity, some believe that the AUCTION coin could crash if large investors ('whales') decide to sell their holdings. As a precautionary measure, Bounce Finance has locked 1.55 million AUCTION tokens in response to market volatility.
The Stack’s Bowers Galleries presents Bitcoins and other physical cryptocurrencies in their spring showcase. The auction house will also put the Paul McCartney Gold and Silver Coins under the hammer for Royal Mint.
AUCTION Coin News Analytics from Mon, 12 Aug 2024 07:00:00 GMT to Wed, 16 Apr 2025 15:23:11 GMT - Rating 5 - Innovation 3 - Information 8 - Rumor 6