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Do Krause world coin values match other guides?
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<p>[QUOTE="World Colonial, post: 2506576, member: 78153"]Its my belief that where world coins sell for at or near the Krause price, its usually because a dealer is able to get a buyer to pay the "retail" price. Neither has another reference point and most of the time, buyers don't know that the prices are "made up" either. This is almost certainly mostly for low value coins, low grade or not.</p><p><br /></p><p>There are also many coins just in my series where its almost certain there has been no recent sale and maybe never a public one. I assume this also applies to many other coins. Examples include most of the Peru pillar 4R in XF and the 1931 South Africa silver circulation strikes.</p><p><br /></p><p>As to price spreads between actual and guides for US and world, I don't believe its because of lower demand for world coins but because US coins sell far more frequently and both parties are more aware of this data.</p><p><br /></p><p>There is certainly a difference between sales prices for world coins sold in the US versus the home country and that is due to liquidity. Depending upon the coin, it may sell for more or less in the US. But the same will be equally true of US coins sold elsewhere. Above relatively nominal prices such as $100, I don't believe there is any market for most US coins anywhere near the current value. Collectors elsewhere are not about to pay more for US coins that their own, unless they can later sell it to a US buyer.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2506576, member: 78153"]Its my belief that where world coins sell for at or near the Krause price, its usually because a dealer is able to get a buyer to pay the "retail" price. Neither has another reference point and most of the time, buyers don't know that the prices are "made up" either. This is almost certainly mostly for low value coins, low grade or not. There are also many coins just in my series where its almost certain there has been no recent sale and maybe never a public one. I assume this also applies to many other coins. Examples include most of the Peru pillar 4R in XF and the 1931 South Africa silver circulation strikes. As to price spreads between actual and guides for US and world, I don't believe its because of lower demand for world coins but because US coins sell far more frequently and both parties are more aware of this data. There is certainly a difference between sales prices for world coins sold in the US versus the home country and that is due to liquidity. Depending upon the coin, it may sell for more or less in the US. But the same will be equally true of US coins sold elsewhere. Above relatively nominal prices such as $100, I don't believe there is any market for most US coins anywhere near the current value. Collectors elsewhere are not about to pay more for US coins that their own, unless they can later sell it to a US buyer.[/QUOTE]
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Do Krause world coin values match other guides?
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