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Do Krause world coin values match other guides?
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<p>[QUOTE="World Colonial, post: 2507293, member: 78153"]Demand for world coins in the US is actually usually greater (much greater) than in the home market, in most instances. </p><p><br /></p><p>The first reason for this is because in most countries, there is no organized collecting and where there is, the collector base is still usually a miniscule fraction of the US. By "organized" collecting, I am referring to the dealer network, auctions, collector clubs, publications and numismatic research.</p><p><br /></p><p>The second reason is because TPG dominates US collecting and has resulted in US buyers inflating the prices of most of the higher quality/preferred coins in other markets. Most collectors elsewhere do not like TPG or if they are indifferent, still will not outbid US buyers for their own coins. The reason for this outcome is that since US coins are so much more expensive, the best world coins are dirt cheap for collectors here, they don't mind inflating the price level and this is exactly what has happened.</p><p><br /></p><p>If you look at US auctions and the more prominent dealer US websites, you will see a lot of the higher grade and more expensive world coins sold here but far less or not at all in the home country.</p><p><br /></p><p>Of the approximately 200 countries issuing coinage, I guesstimate maybe 30 have noticeable collecting locally. Of these, I'd say in less than 10 is financially material.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2507293, member: 78153"]Demand for world coins in the US is actually usually greater (much greater) than in the home market, in most instances. The first reason for this is because in most countries, there is no organized collecting and where there is, the collector base is still usually a miniscule fraction of the US. By "organized" collecting, I am referring to the dealer network, auctions, collector clubs, publications and numismatic research. The second reason is because TPG dominates US collecting and has resulted in US buyers inflating the prices of most of the higher quality/preferred coins in other markets. Most collectors elsewhere do not like TPG or if they are indifferent, still will not outbid US buyers for their own coins. The reason for this outcome is that since US coins are so much more expensive, the best world coins are dirt cheap for collectors here, they don't mind inflating the price level and this is exactly what has happened. If you look at US auctions and the more prominent dealer US websites, you will see a lot of the higher grade and more expensive world coins sold here but far less or not at all in the home country. Of the approximately 200 countries issuing coinage, I guesstimate maybe 30 have noticeable collecting locally. Of these, I'd say in less than 10 is financially material.[/QUOTE]
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Do Krause world coin values match other guides?
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