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<p>[QUOTE="GSDykes, post: 2160789, member: 73321"]I began collecting US coins, got bored and began, last year, seriously collecting various "world coins". I immediately noticed that world coins -- even with very low mintages -- were selling far below an equivalent American coin. I have also noticed that my "new" world coin catalogue, is quickly outdated as prices change, usually always UP. Its no secret; world coin prices are increasing. This affects the supply/demand ratio. Even my slow old brain can realize that this is a growing and exciting venue and market, as well as an opportunity for certain coin-savvy investors. For example note this quote:</p><p><br /></p><p>"Coins from all over the globe offer investors a unique opportunity to gain extraordinary value from exceptionally crafted coins." - Geoff Anandappa, via Gainesville Coins.</p><p><br /></p><p>And Jeff Garrett, on the subject:</p><p><br /></p><p>"The major grading services have both recognized this fact [the growing interest] and recently opened offices overseas. Professional Coin Grading Service (PCGS) has opened an office in Paris, France and Numismatic Guaranty Corporation (NGC) will soon open an office in Hong Kong.... [look who's following the money <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ]</p><p><br /></p><p>The demand for international coins will surely increase around the world as citizens have more money and access to information about their favorite collectible. Most major rare coin companies now have sophisticated web sites and nearly every World Mint offers their products online.... The coins from other countries can be quite tempting. In most cases world coins of equal quality and rarity can be purchased for a fraction of the cost of a similar American coin."</p><p><br /></p><p>And finally folks at <i>Portland Coins</i> add the most important factors, in my mind (partial quote) in 2013:</p><p><br /></p><p>"Collecting foreign coins is about enjoying the beauty and variety of the world's money, about glimpsing another culture through an ordinary, every-day object which is very commonplace but is also very important. Foreign coins show us what that country thinks is important enough to honor by immortalizing it in a small sculpture that will be seen by millions of people. While there are collectors who search for only rare or valuable coins, they are missing out on the thousands of other interesting coins that make world coin collecting fun." -- end quotes.</p><p><br /></p><p>Simple reason dictates that, monetarily, good world coin collections will greatly increase in value within 10 years. Though aware of this I still collect coins I enjoy, above all else. Nonetheless, I also look for low mintages, and good value. Eye appeal is important. So 10 years from now (should I live that long!), my surviving nephews can receive an inheritance from me, which will have great value in <b>several ways</b>. Why do YOU collect world coins?? What guides you: rarity, precious metal content, low mintages, types of coins (animals, portraits), or history? Beauty, art? Let me hear from y'all....and include a pic of <b><span style="color: #ff0000">one</span></b> of your most favorite world coins. A hard request![/QUOTE]</p><p><br /></p>
[QUOTE="GSDykes, post: 2160789, member: 73321"]I began collecting US coins, got bored and began, last year, seriously collecting various "world coins". I immediately noticed that world coins -- even with very low mintages -- were selling far below an equivalent American coin. I have also noticed that my "new" world coin catalogue, is quickly outdated as prices change, usually always UP. Its no secret; world coin prices are increasing. This affects the supply/demand ratio. Even my slow old brain can realize that this is a growing and exciting venue and market, as well as an opportunity for certain coin-savvy investors. For example note this quote: "Coins from all over the globe offer investors a unique opportunity to gain extraordinary value from exceptionally crafted coins." - Geoff Anandappa, via Gainesville Coins. And Jeff Garrett, on the subject: "The major grading services have both recognized this fact [the growing interest] and recently opened offices overseas. Professional Coin Grading Service (PCGS) has opened an office in Paris, France and Numismatic Guaranty Corporation (NGC) will soon open an office in Hong Kong.... [look who's following the money :) ] The demand for international coins will surely increase around the world as citizens have more money and access to information about their favorite collectible. Most major rare coin companies now have sophisticated web sites and nearly every World Mint offers their products online.... The coins from other countries can be quite tempting. In most cases world coins of equal quality and rarity can be purchased for a fraction of the cost of a similar American coin." And finally folks at [I]Portland Coins[/I] add the most important factors, in my mind (partial quote) in 2013: "Collecting foreign coins is about enjoying the beauty and variety of the world's money, about glimpsing another culture through an ordinary, every-day object which is very commonplace but is also very important. Foreign coins show us what that country thinks is important enough to honor by immortalizing it in a small sculpture that will be seen by millions of people. While there are collectors who search for only rare or valuable coins, they are missing out on the thousands of other interesting coins that make world coin collecting fun." -- end quotes. Simple reason dictates that, monetarily, good world coin collections will greatly increase in value within 10 years. Though aware of this I still collect coins I enjoy, above all else. Nonetheless, I also look for low mintages, and good value. Eye appeal is important. So 10 years from now (should I live that long!), my surviving nephews can receive an inheritance from me, which will have great value in [B]several ways[/B]. Why do YOU collect world coins?? What guides you: rarity, precious metal content, low mintages, types of coins (animals, portraits), or history? Beauty, art? Let me hear from y'all....and include a pic of [B][COLOR=#ff0000]one[/COLOR][/B] of your most favorite world coins. A hard request![/QUOTE]
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