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<p>[QUOTE="norantyki, post: 7155958, member: 118879"]Portugal is one of those markets where there are a lot of true coin-esseurs (and I say this as a great honour - I mean very well-read, very interested, very 'plugged in' and very competitive collectors), and this, paired with currency / market instability in the 1980s and early 90s let to a lot of wealthy people paying an awful lot for quality coins representing grade scarcities (much like the Italian market). This pushed prices too high, and the bubble burst in the early 2000s, leaving something of an early West Germany syndrome of much too high catalog values that editors seem reluctant to revise down. As [USER=82655]@TheGame[/USER] mentioned, these are better coins in high grade, but nothing like $30 - I used to get $10 or so (ie 33% or cat) when selling retail - at a junk bin price, you did well.[/QUOTE]</p><p><br /></p>
[QUOTE="norantyki, post: 7155958, member: 118879"]Portugal is one of those markets where there are a lot of true coin-esseurs (and I say this as a great honour - I mean very well-read, very interested, very 'plugged in' and very competitive collectors), and this, paired with currency / market instability in the 1980s and early 90s let to a lot of wealthy people paying an awful lot for quality coins representing grade scarcities (much like the Italian market). This pushed prices too high, and the bubble burst in the early 2000s, leaving something of an early West Germany syndrome of much too high catalog values that editors seem reluctant to revise down. As [USER=82655]@TheGame[/USER] mentioned, these are better coins in high grade, but nothing like $30 - I used to get $10 or so (ie 33% or cat) when selling retail - at a junk bin price, you did well.[/QUOTE]
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