Stack's Bowers reports $325 million in 2025 sales; FUN show and World Money Fair draw record crowds in 2026
In a market commentary published on February 12, 2026, Numismatic News reported that Stack's Bowers recorded record sales of $325 million for 2025, with five coins each selling for more than one million dollars at auction. The commentary said the January 2026 Florida United Numismatists convention in Orlando and the World Money Fair in Germany that followed both reported record attendance.
Correction (Oct 13, 2026): We rewrote the headline, summary and body to match the source. We removed claims not in the source, including "decade-high" attendance, inventory shortages in high-grade U.S. classics and European rarities, price moves in error coins and European gold, and links to macroeconomic conditions, and we did not carry over the commentary's buy-now investment view. The previous headline was "Record-Breaking 2026: Rare Coin Demand Outpaces Supply Across Graded Categories."
This article is based on a market commentary published by Numismatic News on February 12, 2026. The figures and outlook include the views of the commentary's writer and of a dealer the writer quoted.
2025 auction results
According to the commentary, the auction house Stack's Bowers reported record-breaking sales for 2025. Five different coins it sold at auction each realized more than one million dollars. Overall, the auction house brought in $325 million.
The commentary says the successful bidders included not only collectors but also investors and people seeking "trophy assets."
Record attendance at 2026 shows
The annual Florida United Numismatists (FUN) convention, held in Orlando in early January, is considered an important barometer of the year ahead. The commentary says the 2026 show drew record crowds. The annual World Money Fair in Germany that followed also reported record attendance.
Silver, gold and pressure on dealers
At the time of writing, the spot price of silver bullion was still trying to find a new trading range. Sales of both bullion and coins with intrinsic metal value that are also collectible remained strong, according to the commentary.
The commentary says coin dealers are being challenged by the large amounts of silver being sold by the public, while refineries' capacity to process the metal in a timely manner has been overwhelmed. Gold prices have also swung, but by a smaller percentage than silver.
A dealer's observation
The commentary cites one dealer who observed that about one in eight of his bullion-buying clients has become a rare coin buyer. This is that dealer's own observation.
Source: Numismatic News, "Market Momentum Builds in 2026" (February 12, 2026).
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