I've never researched into physical bitcoins purely because I've had no need to & couldn't be bothered.
Couldn't you get your private key & bitcoin address engraved on the coin though, effectively then it would obviously have value as you could send bitcoins to it/them.
They don't need to do that to have value. You need to consider two things: 1. They are collectibles; 2. They are usually made out of pure silver/gold (sometimes graded). They will always have value which is most likely going to increase over time. There are some coins that have an address and private key in them, albeit they are art pieces (Kialara; you kind of need to break it to get to the private key). There are also coins such as the
Silver Wallet, that come with a coin slab in which you can easily add a new address (with QR code) and a private key.