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Is it just me that coin prices seem to be going up and up?
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<p>[QUOTE="princeofwaldo, post: 1428912, member: 24091"]Your observation is somewhat US-centric. My own interpetation is that many world coins are being repatriated to their country of orgin, provided said country of origin is not in complete economic chaos, ie Greece. And meanwhile, against nearly every currency out there with the exception of the Euro, the dollar has been hammered mercilessly. I don't think increases in prices has much to do with US collectors, beyond the fact that our central bank is flooding the world with dollars. At the CICF this weekend, Americans were outnumbered 2 to 1 by foreigners, or at least they were on the Friday that I attended. Perhaps that changed on Saturday. I do agree with you that a price correction though not exactly welcome, is probable this year. And the most likely epicenter will be Chinese modern issues.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1428912, member: 24091"]Your observation is somewhat US-centric. My own interpetation is that many world coins are being repatriated to their country of orgin, provided said country of origin is not in complete economic chaos, ie Greece. And meanwhile, against nearly every currency out there with the exception of the Euro, the dollar has been hammered mercilessly. I don't think increases in prices has much to do with US collectors, beyond the fact that our central bank is flooding the world with dollars. At the CICF this weekend, Americans were outnumbered 2 to 1 by foreigners, or at least they were on the Friday that I attended. Perhaps that changed on Saturday. I do agree with you that a price correction though not exactly welcome, is probable this year. And the most likely epicenter will be Chinese modern issues.[/QUOTE]
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Is it just me that coin prices seem to be going up and up?
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