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What is creating the interest in the British Coin market? What is the future?
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<p>[QUOTE="World Colonial, post: 2424493, member: 78153"]It is apparent that British coins are preferred by US collectors compared to the vast majority of other non-US coins which is why the prices are higher given equivalent quality and scarcity. It's easy enough for "big budget" US collectors to afford them since they are so much cheaper than US coins. I know TPG has little following elsewhere, there are many high grade and expensive British coins in TPG holders sold in the US and I don't see these TPG coins being sold in British auctions except in limited numbers. From this, I conclude that a substantial percentage (as in maybe as high as 50%) of the more expensive British TPG coins are bought by Americans.</p><p><br /></p><p>As to the future, I expect US collectors to continue to prefer them though it will likely decrease somewhat as the demographic composition here changes. I also expect most Americans and Brits to become poorer or a lot poorer over the indefinite future and I consider it likely that this could negatively impact prices or reduce future appreciation versus what it would be otherwise.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2424493, member: 78153"]It is apparent that British coins are preferred by US collectors compared to the vast majority of other non-US coins which is why the prices are higher given equivalent quality and scarcity. It's easy enough for "big budget" US collectors to afford them since they are so much cheaper than US coins. I know TPG has little following elsewhere, there are many high grade and expensive British coins in TPG holders sold in the US and I don't see these TPG coins being sold in British auctions except in limited numbers. From this, I conclude that a substantial percentage (as in maybe as high as 50%) of the more expensive British TPG coins are bought by Americans. As to the future, I expect US collectors to continue to prefer them though it will likely decrease somewhat as the demographic composition here changes. I also expect most Americans and Brits to become poorer or a lot poorer over the indefinite future and I consider it likely that this could negatively impact prices or reduce future appreciation versus what it would be otherwise.[/QUOTE]
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What is creating the interest in the British Coin market? What is the future?
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