What the data show, what the hidden costs are, and when collecting really can also be an investment
An honest look at coins as an investment: what issue-versus-market data for BNB coins shows, survivorship bias, liquidity, spreads, fees and taxes, and when collecting can also be a reasonable store of value.
We compared the issue prices of 129 BNB commemorative coins since 1997 with current asking prices on Balkan Auction: the biggest risers, the median multiple, gold versus silver and copper-nickel, and what the numbers do and do not mean.
When a gold coin counts as VAT-exempt investment gold in Bulgaria (fineness, legal tender status, minted after 1800, premium under 80% over gold value), how this differs from BNB commemorative gold coins, and what buyers should check.
The main ways to buy Bulgarian coins – BNB counters, coin shops, online auction platforms, classified sites, international auctions and coin fairs – with the advantages, risks and checks for each.
How to buy a new BNB coin: the coin programme, the Sofia counters, the one-coin limit, proxies, distributor banks and checking the coin at the counter.
A step-by-step guide to selling a coin collection in Bulgaria: making an inventory, researching market prices, separating valuable coins, choosing between a dealer, an auction or private sale, and negotiating.
How online coin auctions work for Bulgarian collectors: fixed-price and bidding listings, buyer and seller fees, seller ratings, shipping, reading listings critically, and the difference between an asking price and a sale.
How to tell what your old Bulgarian coins are worth: year, metal, mintage and condition, which coins have value and how to check prices before you sell.
What to do in the first weeks after inheriting a coin collection: what not to do, how to find out what it contains and roughly what it is worth, how to avoid the classic tricks of opportunistic buyers, and how heirs can share it fairly.
How much silver and gold the classic Bulgarian coins contain, their melt value at current spot prices, and when market prices follow the metal versus rarity and condition – with a table comparing melt value and current asking prices.
Catalogue values, asking prices, realised auction prices and dealer buy prices explained: how each is produced, why they differ for the same Bulgarian coin, and how BulgarianCoins builds its market price ranges.