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<p>[QUOTE=&quot;Detecto92, post: 1466760, member: 75105&quot;]Maybe it&#039;s me, but I think the price of US coins are becoming artificially inflated.</p><p><br /></p><p>Books and magazines come out with raised prices every so often. <b>Who decides if the price goes up?</b></p><p><b><br /></b></p><p>In all honesty, people will pay $20 for a coin, because the book/magazine says so. </p><p><br /></p><p>In general, world coins are cheaper. I can get world coins out of the 1840s-1890s at fractions of us coin prices.</p><p><br /></p><p>Now I understand that fewer people collect world coins, but...the supply of us coins is TREMENDOUS. There are hundreds of each coin on eBay, whereas there may be a handful of a world coin.</p><p><br /></p><p>So I really think the supply/demand argument is Invalid. </p><p><br /></p><p>The reason is, is because until the internet was popular in the mid 90s, coins were harder to come by. People had to rely on coin dealers, and mail order business. You can get tons of coins with a click of a mouse.</p><p><br /></p><p>The internet ruined the prices of a lot of things. What was once considered rare in an antique shop, thousands of examples could now be found.</p><p><br /></p><p>So all of a sudden with the internet boom, many more coins became easy to purchase. </p><p><br /></p><p>However the internet &quot;boom&quot; did not ruin the price of coins.</p><p><br /></p><p>I think prices guides ruin the market. Just because it says a coin is worth $20 on a piece of paper, doesn&#039;t mean it actually is.</p><p><br /></p><p>I think the reason US coins are higher, is because too many people hold price guides to a standard. If a Magazine that came out in May of 2011, lists a 1857 flying eagle for $20 (just numbers, not a real price), and then the next month issue raised it to $22.50, is it REALLY worth and extra $2.50?</p><p><br /></p><p>I really think US coin prices are inflated artificially by books and magazines that just slowly raise the price month by month.[/QUOTE]</p><p><br /></p>

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