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The Warsaw Voice » Business » August 13, 2008
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Investing at Face Value
August 13, 2008 By A.R.    
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Collecting coins and medals is increasingly coming to be seen as an investment in Poland. Numismatics, as this potentially lucrative pastime is known, is starting to attract the interest of financial advisers as a seemingly sure fire way of accumulating money.

The prospects for the local market are extremely promising, according to Skarbnica Narodowa (National Treasures), a Polish subsidiary of the Netherlands-based Samlerhuset Group, one of Europe's leading distributors of medals and commemorative coins. This is partly an offshoot of the increasing prosperity of the Polish population and partly a response to the instability of the financial markets. Whatever the reason, people are on the lookout for alternative investments.

"Numismatics fits right into this trend," says Adam Zieliński, general manager of Skarbnica Narodowa. "With the rising prices of raw materials and inflation, people are looking for traditional ways of investing their excess cash-like gold or rare coins. This has given the Polish market a real boost over the last few years, which is hardly surprising given that coins are the most rapidly appreciating investment."

The Polish coin market is estimated to be worth zl.250-300 million annually and growing.
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