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<p>[QUOTE="GDJMSP, post: 258218, member: 112"]It's really a complicated question because the answer changes depending on the coins you are talking about. For example, while quite a few are aware of it there are more who are not aware, but the most valuable coin in the world is not a US coin - it is a coin from India, the 1000 mohur valued at over $10 million based on the last time it was up for sale. It didn't sell by the way because the owner considered the high bid of $10 million too low.</p><p><br /></p><p>But speaking in a purely general sense, yes world gold coins do sell for less than US gold coin of a comparable rarity and grade. That is because the market for the world gold coins is much smaller - there is much less demand for them in other words. And there are also many examples of world gold coins with mintage numbers much smaller than some US gold coins that are considered as scarce and command huge premiums and yet the world gold sells for a fraction of the price of the US coin. </p><p><br /></p><p>Do I think that countries outside the US will use TPGs like we do ? Probably not for a while and maybe never. But there is British company now slabbing coins and there long has been a Canadian company. The idea of slabbed coins is spreading and growing outside the US, but at the present time it is also running up against barriers because of ideas ingrained for centuries. You must also understand that many of the coins collected in other nations have been harshly cleaned, used in jewelry or otherwise damaged. But yet they are still routinely sold because many collectors cannot tell or don't care.</p><p><br /></p><p>Yes mintage numbers for many world gold coins are known. Yes many of them are extremely common and have little value above bullion content. But there are rarities in world coinage that makes those of the US pale in comparison as well. </p><p><br /></p><p>As for surviving population numbers of US or world coinage - the market for a given coin is the best indicator any of us have. If the price is high then that coin is hard to find - it's just that simple.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 258218, member: 112"]It's really a complicated question because the answer changes depending on the coins you are talking about. For example, while quite a few are aware of it there are more who are not aware, but the most valuable coin in the world is not a US coin - it is a coin from India, the 1000 mohur valued at over $10 million based on the last time it was up for sale. It didn't sell by the way because the owner considered the high bid of $10 million too low. But speaking in a purely general sense, yes world gold coins do sell for less than US gold coin of a comparable rarity and grade. That is because the market for the world gold coins is much smaller - there is much less demand for them in other words. And there are also many examples of world gold coins with mintage numbers much smaller than some US gold coins that are considered as scarce and command huge premiums and yet the world gold sells for a fraction of the price of the US coin. Do I think that countries outside the US will use TPGs like we do ? Probably not for a while and maybe never. But there is British company now slabbing coins and there long has been a Canadian company. The idea of slabbed coins is spreading and growing outside the US, but at the present time it is also running up against barriers because of ideas ingrained for centuries. You must also understand that many of the coins collected in other nations have been harshly cleaned, used in jewelry or otherwise damaged. But yet they are still routinely sold because many collectors cannot tell or don't care. Yes mintage numbers for many world gold coins are known. Yes many of them are extremely common and have little value above bullion content. But there are rarities in world coinage that makes those of the US pale in comparison as well. As for surviving population numbers of US or world coinage - the market for a given coin is the best indicator any of us have. If the price is high then that coin is hard to find - it's just that simple.[/QUOTE]
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