Supply? Demand? What am I missing?

Discussion in 'World Coins' started by CoinGal07, Mar 23, 2008.

  1. CoinGal07

    CoinGal07 Still Collecting

    First ~ got the Canadian 2001 $150 Snake coin today ~ see current avatar. Love it! Absolutely incredible. But second, once again, trying to understand the value process of a World coin compared to a US coin leaves me baffled. This coin is lower mintage (est 2200 less) than the 2000 Dragon $150, same gold content, but 1/3 the value. Go figure.
     
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  3. jaytant

    jaytant Active Member

    You are missing the dragons, everybody loves dragons!
    Its a fact with most lunar related series... anything with a dragon on it sells better..
     
  4. CoinGal07

    CoinGal07 Still Collecting

    You could be right - never see any at the pet stores. They must sell out immediately on shipment arrival.:goof:
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    You will find that almost always world coinage will sell for far less than any comparable US coinage. Many world examples that far exceed US examples in absolute rarity, age, beauty & quality of design will sell for a fraction of what the US example sells for.

    As for the popularity of the dragon coins, I have to agree - they are always near the top of the list and I suspect always will be. Something about the mythology, the mystic of dragons draws collectors like flies to honey.
     
  6. CoinGal07

    CoinGal07 Still Collecting

    Yeah ~ I've known and seen that a lot ~ w/world coins mintage is practically irrevalent. I guess I'll just do some consciousness raising so the snake is closer to the top of the list and thereby value raising of my coin. Regardless - the hologram is incredible to hold in hand. The one I bought was also one of only 2 ever graded by PCGS so that is kind of cool. I'm enjoying it. Thanks everyone.
     
  7. 900fine

    900fine doggone it people like me

    Forgive my ignorance... but in your example above, aren't you comparing a world coin with another world coin ?

    It seems the title of this thread answer your question. It's reasonable to conclude that there is much higher demand by qualified buyers for rare US coins than comparable mintage world coins.
     
  8. 900fine

    900fine doggone it people like me

    Only as long is there is an excess supply relative to weak demand, I would think.

    If demand ever picks up, mintage (i.e. supply) would be equally relevant.
     
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