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<p>[QUOTE="princeofwaldo, post: 5548200, member: 24091"]There are three criteria that determine the value of a coin regardless of where it is from:</p><p><br /></p><p>A.) Supply in absolute terms.</p><p>B.) Condition of the coin.</p><p>C.) Collector demand.</p><p><br /></p><p>It's the last item that is far and away the most important in determining value.</p><p><br /></p><p>For US coins, it is primarily collector demand that is driving the metrics both at the top end of the market for super valuable coins that have increased, and everything else that has been in decline now for a number of years as the age of collectors forces liquidations. </p><p><br /></p><p>If I were to pick a range of values for US coins that have seen the most depreciation, it would be for those issues that 5 years ago were trading in the $8,000 to $12,000 range. Many of them have gotten absolutely killed since then.</p><p><br /></p><p>Conversely, the price range of foreign coins that have seen the most appreciation in this same time frame (some of it abetted by currency exchange rates) would be issues in the $2,000 to $6,000 range, many of which have doubled (or more) in value. More valuable world coins have also done spectacularly well, but there are so few of them worth more than $20,000 that it doesn't really have relevance to the conversation.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 5548200, member: 24091"]There are three criteria that determine the value of a coin regardless of where it is from: A.) Supply in absolute terms. B.) Condition of the coin. C.) Collector demand. It's the last item that is far and away the most important in determining value. For US coins, it is primarily collector demand that is driving the metrics both at the top end of the market for super valuable coins that have increased, and everything else that has been in decline now for a number of years as the age of collectors forces liquidations. If I were to pick a range of values for US coins that have seen the most depreciation, it would be for those issues that 5 years ago were trading in the $8,000 to $12,000 range. Many of them have gotten absolutely killed since then. Conversely, the price range of foreign coins that have seen the most appreciation in this same time frame (some of it abetted by currency exchange rates) would be issues in the $2,000 to $6,000 range, many of which have doubled (or more) in value. More valuable world coins have also done spectacularly well, but there are so few of them worth more than $20,000 that it doesn't really have relevance to the conversation.[/QUOTE]
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