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<p>[QUOTE="mlov43, post: 2682009, member: 16729"]No one cared because they didn't know how North America-based Koreans were snapping these coins up at basement bargain prices and selling them in Korea at prices around twice to six times what they picked them for. Now that many (if not MOST) of the best examples of these coins have migrated from North America to Asia, there are fewer and fewer decent examples like these around here in North America. Their prices have been shifting upwards everywhere online, and there are much fewer nice examples like these to be found online. If only I had the budget back in 1998~2003... My goodness, I saw so many of these just going for a few bucks back then.</p><p><br /></p><p>I am certain that almost ALL of these very high-grade South Korean coins being sold for such high prices at these Hwadong auctions in South Korea were originally collected by Americans and some Europeans years ago, and the coins have been residing in collections and dealer networks outside of Korea for decades. It seems these copper-based coins do better outside of South Korea where they were not exposed to that country's humid summer weather. The harsh cleaning of coins was also seemingly quite common in South Korea years ago, too, which sent many Koreans to seek better examples outside of the country, especially after the popularity of Third Party-graded coins started to take hold in South Korea.[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 2682009, member: 16729"]No one cared because they didn't know how North America-based Koreans were snapping these coins up at basement bargain prices and selling them in Korea at prices around twice to six times what they picked them for. Now that many (if not MOST) of the best examples of these coins have migrated from North America to Asia, there are fewer and fewer decent examples like these around here in North America. Their prices have been shifting upwards everywhere online, and there are much fewer nice examples like these to be found online. If only I had the budget back in 1998~2003... My goodness, I saw so many of these just going for a few bucks back then. I am certain that almost ALL of these very high-grade South Korean coins being sold for such high prices at these Hwadong auctions in South Korea were originally collected by Americans and some Europeans years ago, and the coins have been residing in collections and dealer networks outside of Korea for decades. It seems these copper-based coins do better outside of South Korea where they were not exposed to that country's humid summer weather. The harsh cleaning of coins was also seemingly quite common in South Korea years ago, too, which sent many Koreans to seek better examples outside of the country, especially after the popularity of Third Party-graded coins started to take hold in South Korea.[/QUOTE]
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