Message:

<p>[QUOTE=&quot;GDJMSP, post: 50131, member: 112&quot;]You&#039;re kinda getting the idea. But you need to consider a couple other things as well. The value of gold coins is due to 2 things - metal value and numismatic value. Metal value is rather simple - not much to explain there. But numismatic value is a bit more complicated.</p><p><br /></p><p>Numismatic value is based on several things, but primarily they are the date and mint mark, scarcity and the condition of the coin. But then there is also popularity - demand. For even if something is rare - if nobody wants to own it - it won&#039;t have much value.</p><p><br /></p><p>Now consider what we have going on with gold coins. The price of gold in US dollars has been going up the past 4 yrs. But the value of US coins has been going up as well, pretty much across the board not just with gold. Many US coins have increased in value by as much as 400% - some more. So with US gold coins - both sides of the equation has risen. And as they say, sooner or later - what goes up, must come down.</p><p><br /></p><p>Now with world gold, the value of the metal has gone up the same amount in US dollars. But the numismatic value has not increased anywhere near the same amount as US coins. But US coins have become so expensive that many collectors can no longer afford them. As a result they have turned to world coins. This started slowly about 2 years ago and has increased much more in the past 6 months. So demand for world coins is increasing.</p><p><br /></p><p>Next we have to think about another factor like scarcity. And in this regard world coins often beat the US hands down. For a great many world gold coins are many times more scarce than US coins of comparable age and condition. </p><p><br /></p><p>So on one hand we have an item that has recently undergone sizable increases on both sides of the value equation - but has decreasing demand because of these increases. On the other hand we have an item that has an equal increase on only one side of the value equation and has increasing demand along with greater scarcity.</p><p><br /></p><p>It aint rocket science&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in