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<p>[QUOTE=&quot;World Colonial, post: 2505649, member: 78153&quot;]I believe the price difference between the two coins is that there are two different types of buyers, regardless that both have &quot;deep pockets&quot;. </p><p><br /></p><p>On many prior occasions, I have compared the price and numismatic merits of different coins, both US and otherwise.&nbsp; I will consider this in what I buy (within my budget) but it is evident that most others do not.&nbsp; Because if they did, then there is no possibility the current US price structure would exist.</p><p><br /></p><p>Elsewhere, I once listed eight factors which I identified as applicable to the US coin market.&nbsp; Other markets share either few or none of them.&nbsp; The differences that I am aware of between British and US coins are these two.&nbsp; First, there is limited &quot;investment&quot; buying of British coins;&nbsp; It is far less prevalent and to the extent it exists, it includes a substantial American buyer component.&nbsp; Second, US buyers are used to paying higher or much higher prices, so they do.</p><p><br /></p><p>I can point to any number of US coins where collectors on this forum and others don&#039;t bat an eye at what are actually exorbitant prices for such ordinary coins.&nbsp; Many of these sell for near, the same or a lot more than the greatest rarities from elsewhere.&nbsp; The explanation is entirely cultural because it certainly isn&#039;t because of their relative merits and collectors elsewhere can certainly pay a lot more if they choose to do so.&nbsp; They just don&#039;t.[/QUOTE]</p><p><br /></p>

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