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<p>[QUOTE="princeofwaldo, post: 2224681, member: 24091"]Inclined to agree with you. There have been several big moves in world coins, but they have been focused on different countries at different times. Russia hit a top in 2008 and has already seen a big correction. Not so much in price, --though prices have indeed come down-- but in volume. At least until recently, in the past 6 months the market has at least stabilized I think. For modern Chinese the top was, --no question about it-- 2011. There are several other countries that have had a good run then pulled back, notably Brazil, but even in the absence of economic turmoil there, the market has seen a ton of Brazilian coins hit the market in the past 2 years. Especially late 18th to early 19th century gold. </p><p><br /></p><p>As for an imminent pull-back across the board, I just don't see that happening. It's a bit like looking at old auction records of US material from 1918 and saying to yourself, if I just wait a little longer the price of Pan Pacific coins will come back down to issue price.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 2224681, member: 24091"]Inclined to agree with you. There have been several big moves in world coins, but they have been focused on different countries at different times. Russia hit a top in 2008 and has already seen a big correction. Not so much in price, --though prices have indeed come down-- but in volume. At least until recently, in the past 6 months the market has at least stabilized I think. For modern Chinese the top was, --no question about it-- 2011. There are several other countries that have had a good run then pulled back, notably Brazil, but even in the absence of economic turmoil there, the market has seen a ton of Brazilian coins hit the market in the past 2 years. Especially late 18th to early 19th century gold. As for an imminent pull-back across the board, I just don't see that happening. It's a bit like looking at old auction records of US material from 1918 and saying to yourself, if I just wait a little longer the price of Pan Pacific coins will come back down to issue price.[/QUOTE]
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