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<p>[QUOTE="gxseries, post: 102825, member: 4373"]Sure thing why not. I would serious recommand you to stay off from US coins like what gdjmsp said, if you want to maximize your profits - US coins are currently quite expensive but who knows how much higher they can go. On the other hand, foreign coins are fairly cheap, depending what you are looking for. </p><p><br /></p><p>Taking the example of Russia's platinum 3 rubles (sorry, Russian numismatics is my field), an XF 3-4 years ago was just 400USD. Now it has blown over 1,000USD and they don't appear very often either. Why? Supply and demand, mate. But it seems that demand has outstripped supply too rapidly as such coins were the only platinum coins that managed to circulate in the public. To how much the values would raise up to, I don't know but that is up to the bidders to pay how much they would like to. </p><p><br /></p><p>Some very hot areas right now are Spainish, Italian, German, Polish, Russian, Korean, Vietnamese and Japanese are excellent examples. (DON'T just buy coins from these areas since I told you they are quite hot, they might cool down after some time!!! Or I could be *VERY* wrong with the current hot areas)</p><p><br /></p><p>However, I believe you shouldn't just take our words and take a good look at current market values against a catalogue like Krause and compare. It is more than essential to understand *WHY* demand is raising. </p><p><br /></p><p>For example in the Russian numismatic field, people in the past used to be "poor" and had to sell such coins for whatever they could. Right now, Russians are getting rich and hence they are buying back whatever they could. It is not only the Russians that are hoarding all the nice and crappy coins but as well as foreigners as they have come to appericate the ridicious minting techniques, etc. Polish coins have the same reasons like the Russian coins. </p><p><br /></p><p>It is pointless to try to buy whatever coins even if you had all the data of mintages - afterall you need to add in various factors such as number of possible culled coins, or how many coins that survive in high grades etc, which you can rarely get decent database of.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 102825, member: 4373"]Sure thing why not. I would serious recommand you to stay off from US coins like what gdjmsp said, if you want to maximize your profits - US coins are currently quite expensive but who knows how much higher they can go. On the other hand, foreign coins are fairly cheap, depending what you are looking for. Taking the example of Russia's platinum 3 rubles (sorry, Russian numismatics is my field), an XF 3-4 years ago was just 400USD. Now it has blown over 1,000USD and they don't appear very often either. Why? Supply and demand, mate. But it seems that demand has outstripped supply too rapidly as such coins were the only platinum coins that managed to circulate in the public. To how much the values would raise up to, I don't know but that is up to the bidders to pay how much they would like to. Some very hot areas right now are Spainish, Italian, German, Polish, Russian, Korean, Vietnamese and Japanese are excellent examples. (DON'T just buy coins from these areas since I told you they are quite hot, they might cool down after some time!!! Or I could be *VERY* wrong with the current hot areas) However, I believe you shouldn't just take our words and take a good look at current market values against a catalogue like Krause and compare. It is more than essential to understand *WHY* demand is raising. For example in the Russian numismatic field, people in the past used to be "poor" and had to sell such coins for whatever they could. Right now, Russians are getting rich and hence they are buying back whatever they could. It is not only the Russians that are hoarding all the nice and crappy coins but as well as foreigners as they have come to appericate the ridicious minting techniques, etc. Polish coins have the same reasons like the Russian coins. It is pointless to try to buy whatever coins even if you had all the data of mintages - afterall you need to add in various factors such as number of possible culled coins, or how many coins that survive in high grades etc, which you can rarely get decent database of.[/QUOTE]
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Advise needed concerning undervalued coins..
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