Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Most Expensive British Coin
>
Reply to Thread
Message:
<p>[QUOTE="princeofwaldo, post: 2500312, member: 24091"]One would think the Brexit vote would have taken the air out of British hammered gold coins, not to mention the more modern rarities like an Edward VIII Sovereign. Yet to date, prices seem to be holding up rather well primarily because potential sellers of the better material are so spooked by the Brexit vote. What had been a robust market with many rarities appearing at auction with ever higher prices realized, has essentially vanished with all of the good stuff remaining locked inside the owner's safe deposit boxes instead. </p><p><br /></p><p>That's the interesting thing about truly rare coins, unlike the stock market where volume dramatically increases as prices decline, rare coins simply stop trading altogether in many cases, sometimes for generations, until a better market is available for their dispersal.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 2500312, member: 24091"]One would think the Brexit vote would have taken the air out of British hammered gold coins, not to mention the more modern rarities like an Edward VIII Sovereign. Yet to date, prices seem to be holding up rather well primarily because potential sellers of the better material are so spooked by the Brexit vote. What had been a robust market with many rarities appearing at auction with ever higher prices realized, has essentially vanished with all of the good stuff remaining locked inside the owner's safe deposit boxes instead. That's the interesting thing about truly rare coins, unlike the stock market where volume dramatically increases as prices decline, rare coins simply stop trading altogether in many cases, sometimes for generations, until a better market is available for their dispersal.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Most Expensive British Coin
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...