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<p>[QUOTE="Eduard, post: 671083, member: 8959"]Interesting to read there are so many and varied opinions on this suibject.</p><p><br /></p><p>To me, the answer to the question of why are World coins so '"cheap" in comparison to world coins is really not that complex:</p><p><br /></p><p>US Coins:</p><p>- A relatively limited number of issues, spanning a maximum of 300 +/- years of history being chased by a large number of collectors with a relatively large level of disposable income. In addition to this, all of the Hype, Marketing and education (red book, whitman albums, 7070's) contribute to prop up demand even further. In fact, the U.S is the only place I've heard of where the hobby of coin collecting is referred to as the "COIN INDUSTRY" . This tells you a lot. </p><p><br /></p><p>World Coins:</p><p>- An INCREDIBLY large number of issues, from many countries and regions, many varieties, even civilizations spanning many hundreds of years (even centuries) being collected by a relatively small audience. </p><p><br /></p><p><br /></p><p>I cannot come up with a single area of World Coins, be they Ancients (Greek, Roman, other), Mediaeval, or Modern (post 1500) coinage where people would pay the the kind of money paid in the U.S for a given coin with a given rarity: This is because you just do not have that many collectors of world coins pursuing a particular coin. There are probably some exceptions to this for particularly well known and publicized coins in the Ancients and World coinage area, but they are few. </p><p><br /></p><p>In other words, SUPPLY AND DEMAND rules, as has been said more than once in this thread.[/QUOTE]</p><p><br /></p>
[QUOTE="Eduard, post: 671083, member: 8959"]Interesting to read there are so many and varied opinions on this suibject. To me, the answer to the question of why are World coins so '"cheap" in comparison to world coins is really not that complex: US Coins: - A relatively limited number of issues, spanning a maximum of 300 +/- years of history being chased by a large number of collectors with a relatively large level of disposable income. In addition to this, all of the Hype, Marketing and education (red book, whitman albums, 7070's) contribute to prop up demand even further. In fact, the U.S is the only place I've heard of where the hobby of coin collecting is referred to as the "COIN INDUSTRY" . This tells you a lot. World Coins: - An INCREDIBLY large number of issues, from many countries and regions, many varieties, even civilizations spanning many hundreds of years (even centuries) being collected by a relatively small audience. I cannot come up with a single area of World Coins, be they Ancients (Greek, Roman, other), Mediaeval, or Modern (post 1500) coinage where people would pay the the kind of money paid in the U.S for a given coin with a given rarity: This is because you just do not have that many collectors of world coins pursuing a particular coin. There are probably some exceptions to this for particularly well known and publicized coins in the Ancients and World coinage area, but they are few. In other words, SUPPLY AND DEMAND rules, as has been said more than once in this thread.[/QUOTE]
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