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<p>[QUOTE=&quot;iPen, post: 2312569, member: 69760&quot;]I&#039;ve been punching in some numbers onto my spreadsheet over the period of time I&#039;ve built and inventorized my collection, and I decided to see which region&#039;s coins I was spending the most on. Rather, it may be more accurate to say how much of a premium over melt each region&#039;s coins cost me.</p><p><br /></p><p>This was done by comparing the spot silver price and the actual purchase price by region. By far, US coins top the list, with Asian coins not too far along. Do these figures roughly display how the numismatic market demand by region looks today? I&#039;m sure that coin collectors from different regions will place different emphasis, but in this internet age, the prices paid for coins seem to be pretty consistent no matter where the online seller actually lives in the world. The more important question may be, am I paying too much?</p><p><br /></p><p>Anyway, below&#039;s one part of my results: the premium over spot paid by given region. If you have a better way to calculate or look at things, I&#039;m all ears. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><u>% Premium Above Spot Silver Price</u></p><p><br /></p><p>+ US : <b>329.04%</b></p><p>+ Asia : <b>280.75%</b></p><p>+ Europe : <b>157.26%</b></p><p>+ South America : <b>111.35%</b></p><p>+ Australia &amp; Pacific Islands : <b>84.75%</b></p><p>+ Middle East : <b>76.21%</b></p><p>+ Africa : <b>75.88%</b></p><p>+ North &amp; Central Americas (non-US) : <b>50.98%</b></p><p><br /></p><p><br /></p><p><i>Some caveats... </i></p><p><i><br /></i></p><p>- Most coins were purchased raw, so if you prefer to purchase slabbed coins, then the overall percentage for each coin type would increase.</p><p>- Some high grade CRH coins were included at a cost of face value.</p><p>- Some regions don&#039;t have nearly as many coins as others, so a greater number of coins in that region&#039;s collection would give a more accurate depiction of how much I&#039;m valuing that region&#039;s coins. Conversely, I have relatively fewer coins from Australia and the (non-Asian) Pacific Islands, but those relatively few available coins tended to cost more on average.</p><p>- Perhaps it&#039;s not so much as how much I&#039;m valuing the coins, as how expensive the coins of that region are (e.g. perhaps silver coins from Asia are more expensive due to relative scarcity).</p><p>- I like to buy high grade raw coins at or below market value. So, some of the premiums aren&#039;t necessarily represented perfectly. That said, some coins were given bias in that I was willing to pay above average prices (e.g. for rare coins).</p><p>- Perhaps I could sub-divide Asia even further, or combine Asia with the Middle East. Various combinations could have been made, but the regions above is how I categorized my coins.[/QUOTE]</p><p><br /></p>

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