California Numismatic Investments - A Review

  • Numismatics is the study of money, or more specifically, coins, paper currency, and related items.
  • This field has only recently gained widespread popularity, although coin collectors have been collecting for years.
  • Numismatics has ties to the financial world, the economy, history, art, and science.

Numismatics is the study of money, or more specifically, coins, paper currency, and related items. This field has only recently gained widespread popularity, although coin collectors have been collecting for years.
Numismatics has ties to the financial world, the economy, history, art, and science. Numismatics is closely tied to the collectibles market, but the two are distinct.



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Numismatic Investments

39 Sherman Way
Menlo Park, CA
(650) 325-9086

Founded in 1992, California Numismatic Investments (CNI) is a privately held collector coin firm that specializes in rare coins and precious metals.
California Numismatic Investments offers a wide variety of coins including gold, silver, and platinum.
The dealer also offers certified coins, which are authenticated by a third party, as well as uncertified coins.
CNI offers grading services, as well as appraisal services.
The dealer offers customers different coin and precious metals storage options that include secure vaults, depository boxes, and home safes.

What Is a Numismatic Investment?

Numismatic investments are coins and currency that are subject to fewer regulations than stocks and bonds. Unlike stocks and bonds, there is no required minimum for opening a numismatic investment account.
Numismatic investments can be purchased as individual pieces or in lots. A coin lot is a group of coins that are similar in value and condition.

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How Are Numismatic Investments Taxed?

Numismatic investments are treated as collectibles and are subject to the same tax considerations that collectibles receive. In other words, you generally pay capital gains taxes on your gain when you sell - whether that is in the auction house, through a dealer, or privately.

If you bought the coin for $1,000 and it increases to $5,000, you would pay capital gains taxes on the $4,000 profit.

Another tax issue to consider is that any coin sold that is worth more than $1,000 is taxed at 28%, as of 2021.

What Are the Risks of Investing in Numismatics?

Investing in numismatics comes with some inherent risk. There is the risk that you will receive a coin that has not been authenticated as authentic, or that the coin you receive will be worth less than what you paid for it.

Where Can I Learn More about Numismatic Investments?

California Numismatic Investments (CNI) is a coin dealer based in Walnut Creek, California. Founded in 1969, the company specializes in selling rare coins and precious metals. The company's website provides a number of resources, including information about buying coins, investing in bullion, and grading coins. CNI also has a coin blog.



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The Bottom Line

California Numismatic Investments (CNI), founded in 1996, specializes in buying and selling rare coins, banknotes, and gold and silver bullion. The company, which is headquartered in Huntington Beach, CA, is one of the few coins dealers specializing exclusively in rare coins.