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<p>[QUOTE="1934 Wreath Crown, post: 3054673, member: 76965"]John I mirror your most of your views. Seljuq dinars (Three brothers) has definitely softened and your explanation for this drop is logical. Prices in the last 12 months have gone down from about $1,200-1,300 including BP to about $950-1,100 incl. BP.</p><p><br /></p><p>I stopped looking at US coins a long time ago because I feel they are hugely overpriced for what they offer. I'm not so sure about ancients because they lack any mintage records and a new find of hidden hoards can destroy prices, however, with regards to modern World coins I definitely feel there is a long way to go. Some very scarce coins used to be only a few hundred US$ about 15-20 years ago and are several thousands now.</p><p><br /></p><p>I still feel that many European buyers are wary of US auctions and that is good for those of us who buy European coins. But in the last couple of months I've seen the US market waning......now I'm not sure if this is a seasonal thing with impending tax liabilities weighing heavily on investors/collectors or it's a more sustained trend. Either way, I'm not looking to sell any of my better coins anytime soon and hope I will have an opportunity to pick the right time for that<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="1934 Wreath Crown, post: 3054673, member: 76965"]John I mirror your most of your views. Seljuq dinars (Three brothers) has definitely softened and your explanation for this drop is logical. Prices in the last 12 months have gone down from about $1,200-1,300 including BP to about $950-1,100 incl. BP. I stopped looking at US coins a long time ago because I feel they are hugely overpriced for what they offer. I'm not so sure about ancients because they lack any mintage records and a new find of hidden hoards can destroy prices, however, with regards to modern World coins I definitely feel there is a long way to go. Some very scarce coins used to be only a few hundred US$ about 15-20 years ago and are several thousands now. I still feel that many European buyers are wary of US auctions and that is good for those of us who buy European coins. But in the last couple of months I've seen the US market waning......now I'm not sure if this is a seasonal thing with impending tax liabilities weighing heavily on investors/collectors or it's a more sustained trend. Either way, I'm not looking to sell any of my better coins anytime soon and hope I will have an opportunity to pick the right time for that;):p[/QUOTE]
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Is the Coin Market Softening??!!
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