Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
World Gold advise
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 400248, member: 112"]You have to be a bit more specific than that. There are still auctions where you can get these coins for a fair price - just not on ebay and similar sites.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>This is not true at all. There are far, far more world gold coins that have numismatic value than there are those that do not. The only world gold coins that do not have much if any numismatic value are those that are considered to be bullion coins. And if you remove the modern issues from the equation, there aren't even very many of those.</p><p><br /></p><p>The Nicholas II gold 5 roubles is considered to be a bullion coin simply because there are so very many of them and they are readily available. To a lesser extent this also true of the 10 roubles of the time.</p><p><br /></p><p>I think what you are asking about is why it is that world gold coinage rarely equates with US coinage in value. A world gold piece can have a fraction of the mintage of a US coin of a similar age, the world gold coin can be 10 times as scarce, rare even, and yet still cost a fraction of what a US gold coin might.</p><p><br /></p><p>The reason for this the same as why US gold coinage does cost so much - supply and demand. It's just that simple. There are far fewer people who collect world gold than there are who collect US gold.</p><p><br /></p><p>A prime example would be my all time favorite - the 1364 chevalier d'or that I have posted so many times. That coin had an original mintage of just over 82,000. How many do you suppose still survive today ? Now how many still survive today that are in MS condition ? And my coin, was the finest known in existence - add that to it. </p><p><br /></p><p>Now what do you suppose I paid for that coin ? What would you pay for it ? What would a US gold coin of similar rarity cost ? I'll bet ya the US gold coin would be 6 figures minimum. For my coin, I paid $4000.</p><p><br /></p><p>Now you do the math. Which type of coins would you rather collect ?[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 400248, member: 112"]You have to be a bit more specific than that. There are still auctions where you can get these coins for a fair price - just not on ebay and similar sites. This is not true at all. There are far, far more world gold coins that have numismatic value than there are those that do not. The only world gold coins that do not have much if any numismatic value are those that are considered to be bullion coins. And if you remove the modern issues from the equation, there aren't even very many of those. The Nicholas II gold 5 roubles is considered to be a bullion coin simply because there are so very many of them and they are readily available. To a lesser extent this also true of the 10 roubles of the time. I think what you are asking about is why it is that world gold coinage rarely equates with US coinage in value. A world gold piece can have a fraction of the mintage of a US coin of a similar age, the world gold coin can be 10 times as scarce, rare even, and yet still cost a fraction of what a US gold coin might. The reason for this the same as why US gold coinage does cost so much - supply and demand. It's just that simple. There are far fewer people who collect world gold than there are who collect US gold. A prime example would be my all time favorite - the 1364 chevalier d'or that I have posted so many times. That coin had an original mintage of just over 82,000. How many do you suppose still survive today ? Now how many still survive today that are in MS condition ? And my coin, was the finest known in existence - add that to it. Now what do you suppose I paid for that coin ? What would you pay for it ? What would a US gold coin of similar rarity cost ? I'll bet ya the US gold coin would be 6 figures minimum. For my coin, I paid $4000. Now you do the math. Which type of coins would you rather collect ?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
World Gold advise
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...