Now in its 12th edition, the Coutts Passion Index offers insight into what it refers to as “passion” assets. The firm’s research aims to capture the changing values of 14 “passion” assets, including coins, fine wine, fine art, luxury properties and classic cars, by capturing the price return in local currency.
“At Coutts, we pride ourselves on being more than a bank,” said Coutts Chief Executive Peter Flavel. “Having looked after clients and their wealth for over three centuries, we have developed a unique appreciation of what clients value most.”
According to the Index, rare coinage was the only asset class to see price increases every year since 2005 with an annual average increase of 11 per cent. Rare coins also saw a year-over-year increase of 5.3 per cent last year.