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Message:: [QUOTE="World Colonial, post: 2503025, member: 78153"]ing You cannot compare British to US coins to conclude they are financially undervalued. There are various reasons why one coin sells for one price and another at a much lower or higher one.  The scarcity and story line in this case do not explain why this Edward VIII sovereign sells for so much less than the US 1794 PCGS SP-66 dollar since I know this is the coin you are comparing it to. The fact is, British coins are already among the most expensive in the world.  I gave an example of the recent price performance of the 1839 British proof 5S and you already admitted that this coin last sold for 40,000 GBP.  How much more do think these coins should be worth? Outside of US coins, to my knowledge only Australian and maybe Russian are more expensive than British.  US collectors are already big buyers (proportionately) of the better and more expensive coins because I know that British buyers don't prefer TPG coins to anywhere near the extent or else I would see them in non-US auctions more often. Elsewhere, the great rarities sell for less than US and British equivalents (almost always a lot less) because there is little or no "investment" market in practically any other country and collectors aren't used to paying very high prices, so they don't. Contrary to what many (particularly US) collectors also apparently believe, the most expensive coins aren't cheap either versus many other collectible fields.  Yes, the prices are lower than say, a Rembrandt or Picasso but then, there isn't a coin on the planet where anyone except a coin buyer would ever think they are in the same league in terms of significance.[/QUOTE]

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