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<p>[QUOTE="mlov43, post: 2678284, member: 16729"]While "the market" for World Coins (this implies non-USA coins) may not have "slowed down," prices for the World Coins that I collect are not yet back to before the recession. Here in the USA, anyway. Individual national/regional markets outside of the USA? That could be a whole different story.</p><p><br /></p><p><font size="4">I sense that market prices for World Coins seem to be inherently unstable for us North America-based collectors since it appears that most types of World Coins lack a robust, inter-connected dealer network informed by relatively accurate data flows on prices for individual coins. In other words, there is no "Coin Dealer Network" (Grey Sheet) for them. I'm not referring to the high(er)-buck World Coins that acsearch.com catalogs, but to those "insignificant moderns," most of which acsearch doesn't acknowledge, yet which many here at CT collect. </font></p><p><br /></p><p>In the end, perhaps there are way too many "World Coins" and this precludes any hope for accurate data.</p><p><br /></p><p>There are times that I love the pricing confusion. I look for those dealers who have not updated the prices of their World Coin inventory since the early 2000s —if not the 1970s. I have personally benefitted from this at small local and large regional shows, especially with dealers who specialize in U.S. coins but who just happened to bring along some of their World inventory. I've once or twice picked up a 1970 100 Won (S. Korea) coin at around Mint State 64 or better and asked, "How much for this one?" and the old timer looks at it and says, "What the hell is this, some Japanese crap? Hell, I'll sell it to you for...hmmm....eight bucks..." as he gives me a sideways glance to see if I'd be a sucker for his 'outrageous' sale price. Of course I accept with alacrity, knowing full well that I can turn that coin around for a profit of at least $40 USD online. And that's on a bad day. Prior to the recession, I could have sold it for at least $90.[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 2678284, member: 16729"]While "the market" for World Coins (this implies non-USA coins) may not have "slowed down," prices for the World Coins that I collect are not yet back to before the recession. Here in the USA, anyway. Individual national/regional markets outside of the USA? That could be a whole different story. [SIZE=4]I sense that market prices for World Coins seem to be inherently unstable for us North America-based collectors since it appears that most types of World Coins lack a robust, inter-connected dealer network informed by relatively accurate data flows on prices for individual coins. In other words, there is no "Coin Dealer Network" (Grey Sheet) for them. I'm not referring to the high(er)-buck World Coins that acsearch.com catalogs, but to those "insignificant moderns," most of which acsearch doesn't acknowledge, yet which many here at CT collect. [/SIZE] In the end, perhaps there are way too many "World Coins" and this precludes any hope for accurate data. There are times that I love the pricing confusion. I look for those dealers who have not updated the prices of their World Coin inventory since the early 2000s —if not the 1970s. I have personally benefitted from this at small local and large regional shows, especially with dealers who specialize in U.S. coins but who just happened to bring along some of their World inventory. I've once or twice picked up a 1970 100 Won (S. Korea) coin at around Mint State 64 or better and asked, "How much for this one?" and the old timer looks at it and says, "What the hell is this, some Japanese crap? Hell, I'll sell it to you for...hmmm....eight bucks..." as he gives me a sideways glance to see if I'd be a sucker for his 'outrageous' sale price. Of course I accept with alacrity, knowing full well that I can turn that coin around for a profit of at least $40 USD online. And that's on a bad day. Prior to the recession, I could have sold it for at least $90.[/QUOTE]
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