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<p>[QUOTE="kaparthy, post: 86569, member: 57463"]<b>Supply and Demand</b></p><p><br /></p><p><br /></p><p><br /></p><p>As GDJMSP pointed out, it is a matter of supply and demand. Demand for US coins is high among US collectors. America rules the world's numismatics markets. </p><p><br /></p><p>Even though the supply of other kinds of coins is low, the demand for them is low. That is one reason why Frank Robinson recommends specializing. In his book, <i>Confessions of Numismatic Fanatic</i>, he tells of sitting around with his coin pals when he was a kid and a Brasher Doubloon was in the news and the other guys were all agog. Frank said that he had several coins more rare than a Brasher Doubloon. They scoffed, but he proved his point. I have ancients that are museum pieces for their rarity, but they cost less than a slabbed Morgan Dollar.</p><p><br /></p><p>In U.S. Numismatics, you can find the same things true of Hard Times Tokens, among other little areas. A rising tide lifts all boats and coin prices have been trending upwards. At a 2004 meeting of the Conder Token Sociey, there were the usual stories about "when I started collecting, the material was cheaper than it is today." That applies to Chinese Cash and Medieval Pennies as it does to Buffalo Nickels. But overall, if you get out of the mainstream reported in The Red Book and Coin Prices, you find supply and demand on your side if you are a true collector.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 86569, member: 57463"][b]Supply and Demand[/b] As GDJMSP pointed out, it is a matter of supply and demand. Demand for US coins is high among US collectors. America rules the world's numismatics markets. Even though the supply of other kinds of coins is low, the demand for them is low. That is one reason why Frank Robinson recommends specializing. In his book, [I]Confessions of Numismatic Fanatic[/I], he tells of sitting around with his coin pals when he was a kid and a Brasher Doubloon was in the news and the other guys were all agog. Frank said that he had several coins more rare than a Brasher Doubloon. They scoffed, but he proved his point. I have ancients that are museum pieces for their rarity, but they cost less than a slabbed Morgan Dollar. In U.S. Numismatics, you can find the same things true of Hard Times Tokens, among other little areas. A rising tide lifts all boats and coin prices have been trending upwards. At a 2004 meeting of the Conder Token Sociey, there were the usual stories about "when I started collecting, the material was cheaper than it is today." That applies to Chinese Cash and Medieval Pennies as it does to Buffalo Nickels. But overall, if you get out of the mainstream reported in The Red Book and Coin Prices, you find supply and demand on your side if you are a true collector.[/QUOTE]
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