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<p>[QUOTE="Ian, post: 196398, member: 283"]The US coin buying market is strong and where there is strong demand for a particular coin type you will see big bucks chasing after a coin that has fewer `hits' than the next best. As such there's lots of collectors chasing after too few coins....even though they were minted in the millions.</p><p><br /></p><p>When it comes to Indian Rupees, while things may very well change at some point in the future, there are far too few collectors doing any chasing and as a result there are many thousands of these coins still to be had in higher grades. Collectors outwith the US generally see coins slabbed by US grading companies as a positive disadvantage. Slabbers ( from the examples i've seen) are pretty poor and inconsistent when it comes to grading non US coins. Expensive too, as an MS65 coin will still only get the market value for an `Uncirculated', whatever that may be at the time. Unless of course slabbing catches on elsewhere in the world (and I wouldn't hold my breath waiting for that to happen any time soon) I wouldn't bother slabbing a common date rupee no matter the MS grade. Some of the rarer dates might make it an economic proposition at some stage, especially with the rising number of collectors in India looking to repatriate their own coinage. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Ian, post: 196398, member: 283"]The US coin buying market is strong and where there is strong demand for a particular coin type you will see big bucks chasing after a coin that has fewer `hits' than the next best. As such there's lots of collectors chasing after too few coins....even though they were minted in the millions. When it comes to Indian Rupees, while things may very well change at some point in the future, there are far too few collectors doing any chasing and as a result there are many thousands of these coins still to be had in higher grades. Collectors outwith the US generally see coins slabbed by US grading companies as a positive disadvantage. Slabbers ( from the examples i've seen) are pretty poor and inconsistent when it comes to grading non US coins. Expensive too, as an MS65 coin will still only get the market value for an `Uncirculated', whatever that may be at the time. Unless of course slabbing catches on elsewhere in the world (and I wouldn't hold my breath waiting for that to happen any time soon) I wouldn't bother slabbing a common date rupee no matter the MS grade. Some of the rarer dates might make it an economic proposition at some stage, especially with the rising number of collectors in India looking to repatriate their own coinage. ;)[/QUOTE]
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