Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Why are most world coins relatively cheap?
>
Reply to Thread
Message:
<p>[QUOTE="chrisild, post: 669893, member: 39"]Supply and demand? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> First, there are many coin collectors in the US, whether in absolute or relative figures. Second, most of them collect US coins only. That will of course drive prices up.</p><p><br /></p><p>Another issue is the more differentiated grading in the US, which also contributes to (sometimes exponentially) higher prices for better grades. Maybe third party grading, which is basically a US specialty and not common elsewhere, contributes to the difference too.</p><p><br /></p><p>In the previous millennium <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I would have added the fact that, because non-US coins are not much sought after by US collectors, American dealers may sell, say, a French coin cheaper than what a dealer in France would want. Well, now that people can compare prices and make cross-border purchases more easily, that has changed or is changing.</p><p><br /></p><p>But again, I find it very difficult to simply lump all non-US coins into one "world" category and then say that world coins are cheap. Bought any "classical" Russian coins in the past couple of years?</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 669893, member: 39"]Supply and demand? ;) First, there are many coin collectors in the US, whether in absolute or relative figures. Second, most of them collect US coins only. That will of course drive prices up. Another issue is the more differentiated grading in the US, which also contributes to (sometimes exponentially) higher prices for better grades. Maybe third party grading, which is basically a US specialty and not common elsewhere, contributes to the difference too. In the previous millennium :) I would have added the fact that, because non-US coins are not much sought after by US collectors, American dealers may sell, say, a French coin cheaper than what a dealer in France would want. Well, now that people can compare prices and make cross-border purchases more easily, that has changed or is changing. But again, I find it very difficult to simply lump all non-US coins into one "world" category and then say that world coins are cheap. Bought any "classical" Russian coins in the past couple of years? Christian[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Why are most world coins relatively cheap?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...