Prediction

Discussion in 'Coin Chat' started by Clinker, Aug 8, 2008.

  1. chrisild

    chrisild Coin Collector

    Guess there are various factors involved. To some extent the exchange rates may affect the catalog prices - the Krause is a catalog (well, several volumes) for collectors in the US, with prices in US dollars. Well, one euro for example was $1.17 almost ten years ago, went down to $0.85, then up to almost $1.60, and now we're at $1.49 ...

    Another possible reason, and probably more important, is that in countries such as Russia, India or China there are people who are able and willing to spend quite a lot on coins. That will drive prices up too, of course.

    Christian
     
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  3. spock1k

    spock1k King of Hearts

    study first or you will get burned

    russia india china brazil. i am very interesested in looking at some gold after the crash ( all my steals before the crash are now just average buys)
     
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