Tariff Uncertainty

Recent tariff developments have the potential to disrupt the global coin market, particularly for buyers of coins coming from Europe. European postal systems recently announced they were suspending all shipments to the United States due to U.S. tariffs. Additionally, the $800 “de minimis” exemption, which removed tariffs for imported goods valued at $800 or less, ended on Friday, August 29. Consequently, these shipments are now subject to additional tariffs and fees. These policies will impact collectibles coming into the United States from Europe, especially for the ancient and foreign coin market, which is dominated by European suppliers.

However, despite the uncertainty the tariffs cause, the coin market, as evidenced by the ANA’s successful World’s Fair of Money® in late August, is still thriving. Furthermore, modern U.S. Mint products remain a popular collecting area. This is especially true as the mint announced that it will begin incorporating laser-engraved privy marks as a novelty and to discourage counterfeiting.