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<p>[QUOTE=&quot;cladking, post: 287365, member: 68&quot;]I disagree.&nbsp; I think it&#039;s a very valid question.&nbsp; </p><p><br /></p><p>Most US coin collectors demean modern US coins because in their mind a coin has to be old to be desirable but when asked why ancient and other old coins go begging tend to change the subject.&nbsp; They claim rarity is the be-all, end-all but when asked about rare world coins that sell for pennys from all eras they again, don&#039;t want to discuss it.&nbsp; </p><p><br /></p><p>No, I&#039;m not claiming people collect US coins because it&#039;s faddish. I believe there&#039;re good reasons for all people to collect coins and that there is always going to be a tendency to collect those which are local and familiar.&nbsp; US coins are so popular and so high priced because, historically, it was only this country with the relatively high proportion of wealthy and middle class people.&nbsp; Even in absolute numbers we led the world in these categories nearly since the advent of the industrial revolution.&nbsp; And US coins coincide roughly with this period.&nbsp; </p><p><br /></p><p>It&#039;s not so much that US coins are overpriced as it is that world coins are underpriced.&nbsp; Even coins of Great Britain which are among the most actively collected world coins there are numerous examples of rare coins that sell for small fractions of their US counterparts or equally rare US.&nbsp; Coins like a BU 1974 50P will prove highly elusive yet is listed in Krause for a couple dollars if memory serves. Even US moderns do better than this.&nbsp; </p><p><br /></p><p>But all this is changing.&nbsp; There are huge forces at work but chief among them is the torrid growth of economies from Africa to China.&nbsp; Places that used to increase population as rapidly as growth now have growth in the double digits and booming middle classes.&nbsp; There are huge changes coming across the board in coin&nbsp; prices.&nbsp; When the dust settles there will be far more increase in world coin prices than decrease in US coin prices.&nbsp; Indeed, it&#039;s hardly a given that there will be any decrease at all.[/QUOTE]</p><p><br /></p>

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