Reply to Thread

Message:: [QUOTE="GDJMSP, post: 1428728, member: 112"]Back in '04 (I think it was '04) I had a short piece in Numismatic News about the prices for world coins going up. Since then, they have gone up dramatically. Due to several things I suppose. I think the increases in prices started because US coins were getting so expensive that it seemed like a no brainer for collectors to switch over to world coins which were still a bargain at the time. Gold, silver, copper, it didn't matter. They were all a bargain - compared to US coins. But since then things have gotten as crazy as they did with US coins. More and more pics being shared on forums and talk about reasonable prices greatly increased the popularity of world coins. And even the common stuff, because of increases in bullion, they went up too. In today's world, if I was still collecting, I would not be buying ! The European market lags behind the US market in several ways, price is just one of them. But eventually the European market catches up and mimics the US market in all ways. It just does so a few years later. So the next thing I would expect is a drop in prices for world coins. Just like the one US coins had that started in '08. And if the typical timing follows, that is pretty much due.[/QUOTE]