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<p>[QUOTE=&quot;GDJMSP, post: 3870112, member: 112&quot;]About the best I can do for ya here is to speak in generalities, for a couple of reasons. One, even though I have been watching the market for world coins since 2003, I have not ever paid any attention or even had reason to look at those from the countries you mention. And two, I have never tried to observe only a portion of the market such as you mention - post 1800. But rather the market as a whole from the medieval period to the early to mid 1900s.</p><p><br /></p><p>So, as a general rule, the market for world coins began to take off (as in go up) in 2003. It started slowly at first but the more it went up the faster it went up. And unlike the market for US coins, that fell off a cliff in 2008 and is still falling, at the same time the market for coins continued to climb, and even faster than it had before. And to the best of my knowledge, it hasn&#039;t stopped. Today, many if not most world coins bring prices 4, 5, up to 10 times what they did in 2003. </p><p><br /></p><p>Increases like this in the world coin market is unprecedented, and not only the percentage of the increase in prices, but in the length of time this bull market has lasted. There has never been a bull market in coins that lasted 16 years - never ! </p><p><br /></p><p>It&#039;s for that reason that for the last few years now I have been, I guess you could say, warning people that a correction in the world coin market is long overdue. No market goes up forever, sooner or later they all fall, corrections occur. Of course no one ever knows how much of a correction there will be, only that there will be one.</p><p><br /></p><p>For example, once the correction in the US market began in 2008, not long after that I predicted that it would fall to 2007 levels, and perhaps even further before it stopped. Well, it fell further. Today it&#039;s fast approaching levels not seen since 2002, and at this point I can&#039;t even begin to guess where it will stop. And you have to keep in mind that the bull market in US coins didn&#039;t really begin until 2001. </p><p><br /></p><p>Can something like that be used as an indicator of what&#039;s going to happen in the world coin market ? No, not really. But at the same time it is definitely not beyond reason that that is what could happen.</p><p><br /></p><p>Now that may or may not be what you wanted to hear, but you asked.[/QUOTE]</p><p><br /></p>

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