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Message:: [QUOTE="princeofwaldo, post: 5514424, member: 24091"]Much of the appreciation can be attributed to the weaker dollar on foreign exchange markets.  Even after the precipitous drop in 2020 the dollar is still grossly overvalued, especially against the Euro.  That said, I would expect the current trend to continue at least until there is a significant increase in world-wide interest rates.  I tend to doubt there are many collectors of US material who have migrated to world coins simply because the price point seems more attractive.  With the possible exception of political affiliation and sexual orientation, there aren't too many other things in life that are as set in stone as the geographic/national interest of a coin collector. Never the less, anyone who watched the HA sale last week with a discerning eye had to conclude much of the more common material sold for WAY more than it is actually worth.  Case in point, this over-graded 1938 Egypt 100 Piastres in NGC MS65.  All-in of $1,250 would be more realistic, and even then that's up from a $1,000 a year ago. [ATTACH=full]1240158[/ATTACH][/QUOTE]