Recently I have noticed that the price of some world coins have been going down. My area of focus is mostly silver coins from Germany and Italy (old coins, not bullion), and have seen some bargains lately. I am wondering if the price of silver (and to some extent gold) has an influence on the price? Maybe its also a supply issue, as more collectors may be trying to sell-off their inventory before prices drop any further? Just an observation, wondering if anyone else has noticed this or it may just be an anomaly based on the specific coins I am seeing?
I noticed some US commemorative dollars and halves prices went down, nothing dramatic but feels like a change. I also decided this is in some way affected by silver price.
Investor capital is chasing yields in rising stock market and not seeking alternatives such as commodities and numismatics. The boom market was 2008-2010 when fear was very high. This will revert once we have a significant correction in capital markets. High end collectibles right now are not sold or bought. Very hard to find very high quality pieces for me.
I reckon the majority of the population is feeling the pinch. Most 'common' coin values have been falling due to the lack of people willing to spend extra for the non-essentials, coins being one of them. That said, sellers aren't that dumb either when they believe the market isn't the best time to sell. I haven't seen many decent coins of my field. Only time when they have to is when they are desperate or they can take their time to sell it.
