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This content has been automatically translated from Ukrainian.
Many people confuse coins, medals, orders, and simply commemorative tokens. As a result, they either underestimate the item or, conversely, expect to receive outrageous money for an item that the market does not need.
A commemorative coin is primarily an official means of payment, issued in a limited edition, often made of noble metals: gold or silver. An award is a mark of distinction given by the state, army, enterprise, or organization. For example, the prestigious Veteran of Labor award is a real part of the history of the Ukrainian and Soviet era, although it does not always have a high market value. Knowing exactly what you have in your hands is the first step to understanding its real value.
List of Ukrainian Gold Coins That Collectors Are Looking For Today
The National Bank of Ukraine has issued dozens of gold coins, and some of them have become real market hits. Here is a brief list of Ukrainian gold coins along with their mintage and selling price that arouses interest:
- “White-tailed Eagle” (2007) — one of the most popular investment coins;
- “Volodymyr the Great” (2015) — a coin in honor of the Baptism of Rus, rare mintage;
- “25 Years of Independence of Ukraine” (2016) — issued in a limited series;
- “Euro-2012” — for sports and football fans.
The demand for these coins depends on their condition, the presence of packaging, a certificate, and, of course, rarity.
Prestigious Award “Veteran of Labor”: Does It Have Market Value?
In many families, the prestigious award “Veteran of Labor” is kept. It was awarded to workers for long and conscientious labor, often along with certificates or commemorative medals. However, its value in the antique market is mostly symbolic. The price is influenced by:
- the material of manufacture (aluminum, brass, less often silver);
- the presence of documents;
- overall condition (without scratches, preserved enamel);
- the date of issuance (earlier releases may be more interesting).
The award is valuable primarily for the family as a memory. But sometimes, if it is part of a complete award set, it can also have collectible appeal.
How the Selling Price of Collectible Items Is Formed
The main factor that forms the price in the market is the mintage. The fewer copies that are issued, the higher the demand. But the relevance of the topic, the level of interest in it, and even the appearance are also important. Examples:
- A gold coin issued in a mintage of 500 units is almost always more expensive than an equivalent in 5,000 copies.
- A coin dedicated to a historical event that has become relevant again (for example, the Armed Forces of Ukraine or Independence) can increase in price several times.
The value also depends on the platform where the item is sold: auction, personal sale, numismatic fair, or online portal.
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