For exaple one dollar coin or whatever in perfect shape how far back do you need to go for the value of it increase to two dollars. I understand that i differs and is very depending on the coin. But in general when do think the value of a coin increases and by how much?
I wouldn't say age had NOTHING to do with value, it just has nowhere near as much importance as most people seem to think. All other, more important factors being equal, an older coin will be worth more...
Then why are ancients so cheap ? Yeah, I know, there are expensive ones too. But for the most part they are cheap. I am speaking in generalities.
With all other things being equal: Rarity, attractiveness, type, ruler, metal content, nation of origin etc, the older coin will be worth more. Probably not by much, but the age of a coin is a factor in demand because a lot of collectors like coins for their age as well as everything else. I know I did...
For exaple one dollar coin or whatever in perfect shape how far back do you need to go for the value of it increase to two dollars. The one dollar coin has lost 15% of it's value since the year started. The dollar is dropping like a rock edited A better question would be when will it be worth $.50
The facts say otherwise. Now I can sit here and type up a list that is pages long, or you can stop and think and for minute - and then I won't have to
This is an impossible question to answer, it depends and This is an impossible question to answer, it depends and there are far too many variables. Really, it's not a question that can be answered except with other questions. If coins could be predicted like that we would all be wealthy or no longer interested - your very queastion is the "fun" of coin collecting. If you cannot be intersted with the "many shades of grey" most of us would not even be intersted in coins other than their beauty.
I'll stick to the same answer I have given out 1000's of times to people calling my retail store years ago. AGE HAS ABSOLUTELY "NOTHING" to do with a coins value. Coin denomination, condition, rarity, and above all "demand" to collectors give the coin its true value. A hundred year old coin can be worth $1 and a 10 year old coin can be worth $100's ... totally depends on coin, condition, rarity and again....above all "DEMAND".
