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<p>[QUOTE="World Colonial, post: 2402170, member: 78153"]I was using the 1839 proof 5 sovereign as an example. I don't really know enough about most sovereigns so its hard for me to be specific. I acknowledge that it is one of the few truly internationally collected series and that this helps its price prospects. All I know is that the proof gold have already appreciated, a lot.</p><p><br /></p><p>I would be interested to know why you think UK coins are cheap compared to the others you listed. I know that they are versus the US but American coins are an outlier and the price level is in deep outer space which is why I no longer buy them. To my knowledge, they are also cheaper than Australian coins (which you did not mention) but I believe I can explain that also. Pricing and relative prices is a subject I have written extensively about elsewhere.</p><p><br /></p><p>To my knowledge, UK coins IN THE AGGREGATE are not cheap versus the other countries you listed, not for comparable coins with comparable availability. I'm not saying they are relatively overpriced in most or all instances either but to my knowledge, the price level is higher. First, US collectors have a strong preference for them (more than most other world coins), they are much cheaper than US coins and US collectors are accustomed to paying "high" prices, so they do. Most collectors elsewhere are not or at least have not been in the past. Second, the UK has an extended and strong tradition of collecting which means the coins were saved in larger numbers and frequently preserved in higher quality than most or even all other countries. </p><p><br /></p><p>To contrast it with Mexico which I know fairly well, there is a lot to buy from the UK but little to almost nothing in high or even decent quality from any number of Mexican series. By my standards, from all pre-decimal, only crown sized pillar and portrait dollars plus the Cap & Ray 8R have any "reasonable" availability and even then, only for selective dates or as a type coin.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2402170, member: 78153"]I was using the 1839 proof 5 sovereign as an example. I don't really know enough about most sovereigns so its hard for me to be specific. I acknowledge that it is one of the few truly internationally collected series and that this helps its price prospects. All I know is that the proof gold have already appreciated, a lot. I would be interested to know why you think UK coins are cheap compared to the others you listed. I know that they are versus the US but American coins are an outlier and the price level is in deep outer space which is why I no longer buy them. To my knowledge, they are also cheaper than Australian coins (which you did not mention) but I believe I can explain that also. Pricing and relative prices is a subject I have written extensively about elsewhere. To my knowledge, UK coins IN THE AGGREGATE are not cheap versus the other countries you listed, not for comparable coins with comparable availability. I'm not saying they are relatively overpriced in most or all instances either but to my knowledge, the price level is higher. First, US collectors have a strong preference for them (more than most other world coins), they are much cheaper than US coins and US collectors are accustomed to paying "high" prices, so they do. Most collectors elsewhere are not or at least have not been in the past. Second, the UK has an extended and strong tradition of collecting which means the coins were saved in larger numbers and frequently preserved in higher quality than most or even all other countries. To contrast it with Mexico which I know fairly well, there is a lot to buy from the UK but little to almost nothing in high or even decent quality from any number of Mexican series. By my standards, from all pre-decimal, only crown sized pillar and portrait dollars plus the Cap & Ray 8R have any "reasonable" availability and even then, only for selective dates or as a type coin.[/QUOTE]
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2016 enthusiasm for British QUALITY coins, NO weakening, the demand is increasing
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