Eight rare coins with a total value of nearly $10 million at auction is indeed a significant sum and suggests that these coins are highly coveted by collectors.
Rare coins can indeed fetch high prices, especially if they possess exceptional rarity, historical significance, or unique attributes that make them desirable to collectors.
The value of rare coins can vary widely based on factors such as condition, provenance, demand among collectors, and prevailing market trends.
Auctions provide a platform for collectors to compete for these prized coins, often driving prices higher.
If you're interested in rare coins or considering investing in numismatics, it's essential to research thoroughly, consult with experts, and stay informed about market trends to make informed decisions.
Additionally, verifying the authenticity and provenance of rare coins is crucial to ensure their value and legitimacy.