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<p>[QUOTE="medoraman, post: 2443107, member: 26302"]I understand sir. I also understand India will most likely be next. In a few years they will actually have more people than China.</p><p><br /></p><p>However, what data at all do we have of them having a specific interest in US coins? When previous countries industrialized and got richer, like Germany, Japan, etc. I do not recall seeing any huge demand for US coins from this newfound wealth. I remember seeing increased demand and prices of THEIR coins. Most people want to collect coins from their own country first. If I were a collector in China I would want to collect Chinese coins first, then coins from nearby countries that look similar to Chinese coins and had a shared history. I would probably stay away from overpriced countries like the US, Britain, and other very expensive series.</p><p><br /></p><p>Again, I am a pragmatist. Its not the first time a large country has become much more rich. In the past this has never translated into increase US coin demand. Why are we so certain it will this time, besides wishful thinking? Maybe the beanie baby market will explode instead.......[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2443107, member: 26302"]I understand sir. I also understand India will most likely be next. In a few years they will actually have more people than China. However, what data at all do we have of them having a specific interest in US coins? When previous countries industrialized and got richer, like Germany, Japan, etc. I do not recall seeing any huge demand for US coins from this newfound wealth. I remember seeing increased demand and prices of THEIR coins. Most people want to collect coins from their own country first. If I were a collector in China I would want to collect Chinese coins first, then coins from nearby countries that look similar to Chinese coins and had a shared history. I would probably stay away from overpriced countries like the US, Britain, and other very expensive series. Again, I am a pragmatist. Its not the first time a large country has become much more rich. In the past this has never translated into increase US coin demand. Why are we so certain it will this time, besides wishful thinking? Maybe the beanie baby market will explode instead.......[/QUOTE]
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