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Why are most world coins relatively cheap?
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<p>[QUOTE="900fine, post: 671131, member: 6036"]Most nations remain underdeveloped. One would not expect much coin collecting activity in Eritrea, and yet there is a supply. No demand, plenty of supply = face value. </p><p> </p><p>The United States is the most highly developed, advanced market in the world. There are large numbers of people with disposable income for luxuries like collectable coins. It makes sense domestic coins are valuable - high demand / supply ratio.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 671131, member: 6036"]Most nations remain underdeveloped. One would not expect much coin collecting activity in Eritrea, and yet there is a supply. No demand, plenty of supply = face value. The United States is the most highly developed, advanced market in the world. There are large numbers of people with disposable income for luxuries like collectable coins. It makes sense domestic coins are valuable - high demand / supply ratio.[/QUOTE]
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