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<p>[QUOTE="GDJMSP, post: 2424254, member: 112"]The answer to your 1st question can be summed up in one word SwK - popularity. And I think the answer to your 2nd question has been answered by what has happened in the world coin portion of the market over the past 15-20 years.</p><p><br /></p><p>You've been around long enough to have seen all this happen, but given your specialized interest I don't know if you were too close to it to have actually noticed. Maybe you did, maybe you didn't, as I said I don't know. But given your questions, I'm inclined to think you didn't.</p><p><br /></p><p>Around 2000, and maybe even a bit before that, the only world coins in which there was any real interest were British coins. The coins of other European countries and those of Asia languished in the doldrums with few collectors showing any interest in them, while British coins were in high demand and bringing high prices. This interest was reflected in the coin forums of the time as well.</p><p><br /></p><p>But by 2003 interest in the coins of other European countries began to increase. Prices for them began to rise as more and more collectors began to seek them out. And with this increase of interest in the coins of other countries the interest in British coins began to wane a bit, prices began to drop somewhat, and as the years went on the coins of one country or another became, for lack of another description, "the current favorite". The coins of various countries seemed to get their own little "piece of the action" as it were, only to lag behind as time went on and focus shifted to another.</p><p><br /></p><p>Fast forward to a couple of years ago and the market for world coins overall has become a monster compared to what it was 15 years ago. Prices have exploded, reached heights they never dreamed of, seeing record after record achieved. And all because of one thing - popularity. And that brings us to what the future may hold. </p><p><br /></p><p>Now nobody ever "knows" what the future will hold, they can only speculate. But ask yourself one simple question - what eventually happens to all markets ? And that speculation seems to be fairly obvious.</p><p><br /></p><p>For example the US coin market blew up in 2008 and prices fell off a cliff. But no such thing happened to the world coin portion of the market. On the contrary, prices just kept right on climbing. The whys and wherefores of this are debatable, but the fact that it happened is not.</p><p><br /></p><p>Very recently, there has been some softness in the world coin market. And coins that have not been seen in many years are seemingly crawling out of the woodwork, coming to market. It's almost as if everybody knows what the writing on the wall says and they do not want to miss their opportunity.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2424254, member: 112"]The answer to your 1st question can be summed up in one word SwK - popularity. And I think the answer to your 2nd question has been answered by what has happened in the world coin portion of the market over the past 15-20 years. You've been around long enough to have seen all this happen, but given your specialized interest I don't know if you were too close to it to have actually noticed. Maybe you did, maybe you didn't, as I said I don't know. But given your questions, I'm inclined to think you didn't. Around 2000, and maybe even a bit before that, the only world coins in which there was any real interest were British coins. The coins of other European countries and those of Asia languished in the doldrums with few collectors showing any interest in them, while British coins were in high demand and bringing high prices. This interest was reflected in the coin forums of the time as well. But by 2003 interest in the coins of other European countries began to increase. Prices for them began to rise as more and more collectors began to seek them out. And with this increase of interest in the coins of other countries the interest in British coins began to wane a bit, prices began to drop somewhat, and as the years went on the coins of one country or another became, for lack of another description, "the current favorite". The coins of various countries seemed to get their own little "piece of the action" as it were, only to lag behind as time went on and focus shifted to another. Fast forward to a couple of years ago and the market for world coins overall has become a monster compared to what it was 15 years ago. Prices have exploded, reached heights they never dreamed of, seeing record after record achieved. And all because of one thing - popularity. And that brings us to what the future may hold. Now nobody ever "knows" what the future will hold, they can only speculate. But ask yourself one simple question - what eventually happens to all markets ? And that speculation seems to be fairly obvious. For example the US coin market blew up in 2008 and prices fell off a cliff. But no such thing happened to the world coin portion of the market. On the contrary, prices just kept right on climbing. The whys and wherefores of this are debatable, but the fact that it happened is not. Very recently, there has been some softness in the world coin market. And coins that have not been seen in many years are seemingly crawling out of the woodwork, coming to market. It's almost as if everybody knows what the writing on the wall says and they do not want to miss their opportunity.[/QUOTE]
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What is creating the interest in the British Coin market? What is the future?
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