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<p>[QUOTE="World Colonial, post: 2443230, member: 78153"]The PCGS and NGC moves into other countries are primarily to capture additional volume of non-US coins, not market US coins elsewhere.</p><p><br /></p><p>As for collectors buying coins from outside their home market, this is a universal practice, but <b>only at nominal or relatively nominal prices</b>. There is a difference between foreigners buying low priced US coins (as in up to the $100 or $200 price point in my last post) and the <b>price levels implied by the OP</b>. The latter has a probability of essentially zero except for "investors" who need a relatively liquid market of which US coins is by far the largest.</p><p><br /></p><p>Consistent with the self evident lack of cultural affinity, in my observations, I have noticed only a very low number of series with universal or least widespread appeal. Examples include ancient Greek, Roman, Byzantine and Judaica but even then, not to my knowledge outside the western world. Spanish colonial and British also have a reasonably wide appeal. German, Austrian and Swiss collectors seem to collect each others coins going by listings on Sixbid auctions, once again because of cultural affinity.</p><p><br /></p><p>There are presumably others but the point is, outside of US buyers who collect from everywhere because the price level is much lower than for US coins, the percentage of non-local coins bought by others above (relatively) nominal prices is very low. Or if it isn't I am aware of no evidence to support it.</p><p><br /></p><p>However, the difference between the series I listed and most other coins and series is that these specific coins have a universal appeal or a segment of other buyers which most coins lack. Like most others, US collectors are disproportionately US centric and in my experience definitely assign higher merits to any number of coins which no foreign collector ever would. This is especially true with the exaggerated emphasis on expensive coins which is disproportionately the result of minor quality differences reflected in the TPG grade which, aside from the value usually only paid by a US collector, either matter much less or not at all to anyone else.</p><p><br /></p><p>With US coins in particular, unlike practically all others, the price level has also been inflated for so long that it discourages hardly anyone elsewhere from even bothering. I believe foreigners would show some greater preference for US coinage if they were a lot more affordable but the fact is, they are not.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2443230, member: 78153"]The PCGS and NGC moves into other countries are primarily to capture additional volume of non-US coins, not market US coins elsewhere. As for collectors buying coins from outside their home market, this is a universal practice, but [B]only at nominal or relatively nominal prices[/B]. There is a difference between foreigners buying low priced US coins (as in up to the $100 or $200 price point in my last post) and the [B]price levels implied by the OP[/B]. The latter has a probability of essentially zero except for "investors" who need a relatively liquid market of which US coins is by far the largest. Consistent with the self evident lack of cultural affinity, in my observations, I have noticed only a very low number of series with universal or least widespread appeal. Examples include ancient Greek, Roman, Byzantine and Judaica but even then, not to my knowledge outside the western world. Spanish colonial and British also have a reasonably wide appeal. German, Austrian and Swiss collectors seem to collect each others coins going by listings on Sixbid auctions, once again because of cultural affinity. There are presumably others but the point is, outside of US buyers who collect from everywhere because the price level is much lower than for US coins, the percentage of non-local coins bought by others above (relatively) nominal prices is very low. Or if it isn't I am aware of no evidence to support it. However, the difference between the series I listed and most other coins and series is that these specific coins have a universal appeal or a segment of other buyers which most coins lack. Like most others, US collectors are disproportionately US centric and in my experience definitely assign higher merits to any number of coins which no foreign collector ever would. This is especially true with the exaggerated emphasis on expensive coins which is disproportionately the result of minor quality differences reflected in the TPG grade which, aside from the value usually only paid by a US collector, either matter much less or not at all to anyone else. With US coins in particular, unlike practically all others, the price level has also been inflated for so long that it discourages hardly anyone elsewhere from even bothering. I believe foreigners would show some greater preference for US coinage if they were a lot more affordable but the fact is, they are not.[/QUOTE]
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