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<p>[QUOTE="JHar4330, post: 287306, member: 10141"]To be honest, I have wondered the same thing myself. I go to the coin dealer down the block from my university and get 6 world coins from the 19th century for $10. I asked, "Why are these coins so cheap?" He said supply and demand like everyone else is stating. And then I thought any American coin from the 1850s even in "good" condition would sell for at least 20 bucks. Why are the world coins so much cheaper? The dealer agreed with me that it is strange how the world coins are worth so much less.</p><p> </p><p>I went to a coin show a couple weeks ago and a dealer had the only slabbed British nickel that was minted on a copper planchet (something like that). Anyway the point is he said that it is worth 20,000 but if it was American it would be worth 20,000,000. Maybe not exactly but it is just emphasizing the point. This is why I am going to start getting involved in world/ancient coins. They are much older, have a great history (not that America doesn't, I am American lol), and are much cheaper. Maybe some day the prices will even out, but for now since ancient coins are cheap, I am going to start buying.[/QUOTE]</p><p><br /></p>
[QUOTE="JHar4330, post: 287306, member: 10141"]To be honest, I have wondered the same thing myself. I go to the coin dealer down the block from my university and get 6 world coins from the 19th century for $10. I asked, "Why are these coins so cheap?" He said supply and demand like everyone else is stating. And then I thought any American coin from the 1850s even in "good" condition would sell for at least 20 bucks. Why are the world coins so much cheaper? The dealer agreed with me that it is strange how the world coins are worth so much less. I went to a coin show a couple weeks ago and a dealer had the only slabbed British nickel that was minted on a copper planchet (something like that). Anyway the point is he said that it is worth 20,000 but if it was American it would be worth 20,000,000. Maybe not exactly but it is just emphasizing the point. This is why I am going to start getting involved in world/ancient coins. They are much older, have a great history (not that America doesn't, I am American lol), and are much cheaper. Maybe some day the prices will even out, but for now since ancient coins are cheap, I am going to start buying.[/QUOTE]
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