State Of The Australian Rare Coin And Banknote Market

super time to buy up

Something doesn't seem to make sense in Andrews write up. 17,000 active collectors and a 400 million annual turnover is an average of $500/person each week. Now some collectors have the deep pockets to do multiples of that but I doubt 1% of collectors are both that well off and spend that much. It would also imply that either collectors turn over their collections frequently (unlikely) or the typical collector has a high 6 figure coin collection (I wish).
It is a buyers market and will be for a few years(I'm happily buying).

Eric, you may be right.
If a 1930 penny is sold to a dealer for 15 grand who sells it to another dealer for 18 grand who retails it for 25 grand that makes 58 grand "turnover".
I'm thinking the 17,000 active collectors is an understatement as there must be many more than that to account for all the grannybait coins and annual mint sets.

Very few companies buy either numi coins or bullion coins (unless they are coin dealing firms). Some individuals buy for their personal superannuation portfolios (mostly high end items) and some individuals (stackers mostly) buy monster boxes or tubes of bullion coins.
Are either stackers or investors really collectors? (even if they account for a fair chunk of the overall market turnover).

Pre decimal coins are struggling and in my opinion it is a dying category (literally). Most people only collect things that they have grown up with, hence decimals are out performing pre decimals. The strongest market is decimal errors, banknotes are stupidly weak in price (may be a risky investment that could give you big returns down the track if you decide to invest in banknotes).

The preference now with many Australian collectors to prefer to buy PCGS/NGC graded coins has probably lowered the value of many "Upgradable" coins that many dealers still have in stock and can NO longer pass them off as "No Problem" coins to the unwary , This is a "Good thing"

I wouldn't agree with that. Any high grade KGV coin is going to attract serious money. In fact part of the problem may be that high grade pre decimals are now out of the price range of casual collectors.

Back to the original question though. The banknote market is clearly at a low ebb. Predecimal banknotes have lost value and there are more starnotes on the market than there are buyers who want them. About the only banknotes doing well are 90s polymers.

Remember the first rule of investing though. Buy when the market is low and sell when the market is high.