The value of gold coins and silver dollars have plummeted in recent years, which has been partly blamed on the decline in the value, and a growing concern about counterfeiting.
The value of precious metals coins and other precious metals, however, has not fallen by much, according to Mark Zandi, chief economist of Moody’s Analytics.
“The decline in value is mostly due to a combination of factors,” Zandi told CNBC.
Zandi pointed to the fact that there has been a decrease in the price of gold and silver coins, which are generally traded at a premium compared to the dollar, yen and euro.
Silver is traded at around the same price as gold, and is also considered a safer investment, Zandi said.
In January, a total of $3.2 billion worth of gold was confiscated from criminals, according the International Monetary Fund.