British Coin Prices - Coin Community Forum

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Author	Replies: 4 / Views: 1,588
petitioncrown New Member United Kingdom 10 Posts	Posted 01/03/2007 11:03 pm In the UK the prices of British Coins are still on an strong upward trend, this is fact. I am interested to know what stops this trend so it allows the hobby to continue as a hobby not an investment and what causes a downward trend which in my opinion would be great. A little information is that the hobby is attracting for the first time for many years new collectors, very few investors. Jeff *Edited by Forum Dad to move to correct forum* Report this Post to the Staff

Sap Moderator Australia 16806 Posts	Posted 01/04/2007 01:47 am Welcome to the forum, petitioncrown. Coin prices are basically a matter of supply and demand. To make prices go up, reduce supply or increase demand. To make prices come down, do the opposite. "Supply" isn't just mintage figures - there are other factors to consider, like whether the coins have been subject to official (or unofficial) withdrawl and destruction, and whether the people who own them (either collectors or investors) are inclined to part with them. "Demand" from collectors is slowly and constantly growing; demand from investors fluctuates with the fads and fashions of the market. It's difficult for even the larger players to affect the market for most coins, but as a group investors have the power; if they all woke up one morning and decided to get rid of their coin portfolios, there'd be a price crash - sudden reduction in demand simultaneous with a sudden increase in supply. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
rosso_rubino Valued Member Italy 244 Posts	Posted 01/05/2007 04:03 am Hi Petitoncrown and welcome from me too, I agree w/ Sap about trends, offers and demands, coin collection is just a business market as several other, of course w/ some own rules. To give you a couple of example about what happened recently in Italy w/ €uro: - in 2001, the last year for Lira people were crazy to collect Italian Republic Lira and prices growed a lot, when €uro arrived evrybody started to collect only €uro and prices for Republic and also Kingdom Lira coins dropped for a couple of years. - in 2002 since everybody were crazy to buy €uro, its prices growed a lot w/ Vatican 2002 BU Set, up to 1 thousand €, a set of coins sold from Vatican at 25 € but now Vatican 2002 BU set is at 600 € (more or less) and people are starting to stop to buy coins to collect and dealers are complaining because nobody is byng coins to collect. So, just a couple of examples of market rules, but here are several other, above all if you include internet space. Smiling ... Antonio. Report this Post to the Staff
Eurocoin Valued Member Finland 294 Posts	Posted 01/06/2007 4:03 pm It's very interesting to search coin collecting areas which are not booming,so you can build up nice collection at a low price.For example:USSR commems vs. East Germany commems.Quite similar coins but USSR coins are very cheap.Of course,it depends on mintage too. Personally I'm interested in "outcast" coins because some of those are beautiful and sold by reasonable price. Report this Post to the Staff
josie Valued Member Ireland 498 Posts	Posted 01/06/2007 5:58 pm Welcome Petition crown. For me GB been onced an empire, the mintage in the mint in the past in its colonies are into ten and millions,now GB is not same as in the past other have commonwealth and minting their own coin, And also encouraging them for new minted one of their country,before they backtrack from the past which they are part before of GB it depends entirely on their directions they have to choose the coins minted by commnwealth today or coins made by GB in the past in tens of millions of mintage as part of their history in coin terms. Also exposure both in collectors and investment views just an oponion.for time to time US somehow insert a coin trivia in TV and the tail end is the priced.seen several way back in Philippines. They have also have coin drop in New York to others be aware. For me I would better to depart from coins in one set rather individualy, for a coin may cost several series of collection for its priced,Im for a set of series not into by piece and very very expensive coin.for me basic of compliting a set normal or with variety on my budget. Report this Post to the Staff
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