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<p>[QUOTE=&quot;chrisild, post: 204785, member: 39&quot;]They will continue ... to drop, yes. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> </p><p><br /></p><p>Relatively simple question of supply and demand - a couple of years ago, when the euro cash was actually new, many people started collecting coins. But the first pieces from these three countries were not as easy to get as coins from the EU member states that have the euro: You basically had to buy a set, and spend more (possibly much more) than face value.</p><p><br /></p><p>Some were lucky enough to be on the mailing lists of all three countries, and could buy the sets at fairly reasonable prices. Others paid much more when buying from dealers or auction sites. Nowadays some euro collectors have lost interest in pieces from MC/SM/VA, and others don&#039;t collect coins at all any more.</p><p><br /></p><p>Of course there will always be coins/sets that are more expensive than others. Last year&#039;s set from Monaco, for example, had new designs of all national sides but the old (pre-2007) common sides, and was issued as a proof version only.</p><p><br /></p><p>Mintage figures should also be taken into account. In 2002 there were 65,000 Vatican BU sets and 9,000 proof sets. Now they make 85,000 and 16,000 respectively. The situation in San Marino is a little different; they actually issue some coins for circulation. Monaco is in a difficult position in that regard since the country does not have a fixed face value limit (like what San Marino and the Vatican have) but can only issue 1/500 of the French annual volume.</p><p><br /></p><p>So if you plan to buy those coins as some sort of investment, my advice would be -- don&#039;t.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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