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Why are world coins so cheap?
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<p>[QUOTE="chrisild, post: 1461825, member: 39"]Various factors, I think. First, it's not that "world coins" (following the concept that "world" is something that has nothing to do with the US <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> ) are cheap - that is a generalization which I find way too broad. What is certainly true is that in the US, many or most coin collectors collect US and nothing else. And that is probably influenced by the geographic position of the US, and by the fact that you have a long tradition with one country and currency name - it's been one and the same US dollar for more than 200 years.</p><p><br /></p><p>In other countries you may have a longer history of coinage, but you may also have some kind of cut-off date. It is pretty much impossible to collect all British or Swiss coins, for example, so you set a certain date as your individual starting point. So a Swiss collector may say that his Switzerland collection starts with 1850, but he also quite likely to collect coins from other European countries. Guess this also helps to keep prices from going up all too extremely.</p><p><br /></p><p>Of course disposable income influences the number of coin collectors and what they are willing/able to pay. But Germany and Switzerland for example are not that different from the US when it comes to how many collect coins ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1461825, member: 39"]Various factors, I think. First, it's not that "world coins" (following the concept that "world" is something that has nothing to do with the US :rolleyes: ) are cheap - that is a generalization which I find way too broad. What is certainly true is that in the US, many or most coin collectors collect US and nothing else. And that is probably influenced by the geographic position of the US, and by the fact that you have a long tradition with one country and currency name - it's been one and the same US dollar for more than 200 years. In other countries you may have a longer history of coinage, but you may also have some kind of cut-off date. It is pretty much impossible to collect all British or Swiss coins, for example, so you set a certain date as your individual starting point. So a Swiss collector may say that his Switzerland collection starts with 1850, but he also quite likely to collect coins from other European countries. Guess this also helps to keep prices from going up all too extremely. Of course disposable income influences the number of coin collectors and what they are willing/able to pay. But Germany and Switzerland for example are not that different from the US when it comes to how many collect coins ... Christian[/QUOTE]
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