Sri Lanka 1978 Proof Set - Coin Community Forum

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Author	Replies: 4 / Views: 1,593
Anaximander Pillar of the Community United Kingdom 709 Posts	Posted 11/01/2016 8:14 pm Bought this for £10 today in a local shop dealing in collectibles such as coins, postcards etc. I fell victim to the "oooh shiny" syndrome. I don't normally collect outside of UK and British colonial, but this was very attractive. It was also obviously produced by The Royal Mint. The card inside states it was limited to 20,000 sets. Checking the internet I find that prices are not a lot more than what I paid. Given the low production, why is the price so low? Does anyone know where I can find lists of non-British coin sets produced by The Royal Mint? Report this Post to the Staff

Numister Pillar of the Community Singapore 631 Posts	Posted 11/02/2016 12:47 am Price is low maybe because it's not a popular series to collect ? Coin prices seem to be affected by 4 things: 1) Demand (popularity) 2) Supply (mintage and availability in shops and online) 3) Condition 4) Whether that particular series has a lot of fakes Edited by Numister 11/02/2016 12:48 am Report this Post to the Staff
UltraRant Pillar of the Community Norway 1358 Posts	Posted 11/02/2016 5:33 pm Quote: I don't normally collect outside of UK and British colonial well... technically, historically... Anyway, I do believe the price of a set is mostly based on demand. I would have bought this set for £10, but I'm a tad weird sometimes. Apparently there aren't many Sri Lankan coin collectors out there, which is probably why the price is still low compared to the numbers produced. Report this Post to the Staff
jbuck Moderator United States 188283 Posts	Posted 11/02/2016 6:07 pm Nice set! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 11/02/2016 6:26 pm Man...that is some pretty shiny! I would have picked it up also at that price. Good job Report this Post to the Staff
	Replies: 4 / Views: 1,593

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