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In the US, do you feel world coins are a good buy?
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<p>[QUOTE="mlov43, post: 1978724, member: 16729"]Yep. It's an investment into something beyond coins. Look at the ancient collectors here at CT. A lot of them, from what I gather, are serious into the history of their coins and the human cultures from which they derived, and are familiar with Greek, Latin, or Arabic script and can actually READ the legends on the coins. People who don't like to read in even in their native language are at a serious disadvantage with World Coins (and life in general), I think.</p><p><br /></p><p>South Korea? Well, I worked there for a business in central Seoul 20 years ago, and that's where I first picked up some Korean coins. (If I had only known the prices of those dang mint sets from the 1990s, I'd have bought ten each!)</p><p><br /></p><p>Yes, when you collect contemporary S. Korea, it's Mint State grades or nothing. Collectors, like me, will only go after MS grades (with no brown spots, a major bugaboo of S. Korean copper-based coins). Why? Because we can. Why buy a circulated example, when you can just wait a bit and find an uncirculated one for sale eventually? The problem is, Krause and others are getting wind of the change in prices. Again, I think I just got lucky, and took advantage of a window of opportunity, cherrypicking-wise. Really, I only got into this because I like the coins and wanted to make my own collection. Selling duplicates of my own MS examples was just something I fell into.[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 1978724, member: 16729"]Yep. It's an investment into something beyond coins. Look at the ancient collectors here at CT. A lot of them, from what I gather, are serious into the history of their coins and the human cultures from which they derived, and are familiar with Greek, Latin, or Arabic script and can actually READ the legends on the coins. People who don't like to read in even in their native language are at a serious disadvantage with World Coins (and life in general), I think. South Korea? Well, I worked there for a business in central Seoul 20 years ago, and that's where I first picked up some Korean coins. (If I had only known the prices of those dang mint sets from the 1990s, I'd have bought ten each!) Yes, when you collect contemporary S. Korea, it's Mint State grades or nothing. Collectors, like me, will only go after MS grades (with no brown spots, a major bugaboo of S. Korean copper-based coins). Why? Because we can. Why buy a circulated example, when you can just wait a bit and find an uncirculated one for sale eventually? The problem is, Krause and others are getting wind of the change in prices. Again, I think I just got lucky, and took advantage of a window of opportunity, cherrypicking-wise. Really, I only got into this because I like the coins and wanted to make my own collection. Selling duplicates of my own MS examples was just something I fell into.[/QUOTE]
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