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Have you found this to be the case?

I was talking with a foreign coin dealer, who told me that a lot of foreign coins such as British, S African and Canadian coins, are becoming more expensive
for US citizens to buy because of the declining value of the dollar against the foreign currency. Has anyone else noticed this?
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Comments

  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    Yep! I can not compete in any of the UK Auctions for Conder Toekns anymore image
    Bill

    image

    09/07/2006
  • JZraritiesJZrarities Posts: 2,583 ✭✭✭
    Definitely - I found a nice Hammered English Halfcrown ($215L) and almost bought it...
    Then I did the math: 215 x 1.94 = $417.10

    pass....

    So much for bidding in English auctions.
  • CIVITASCIVITAS Posts: 2,256 ✭✭✭
    The same goes for Ancients and Medieval. I'd say a week doesn't go by where I'm filling an order from Europe (either EU or U.K.). Used to be once every month or two.

    As stock dries up over here, eventually U.S. collectors will have to step up the plate for the stuff they want or do without.
    image
    https://www.civitasgalleries.com

    New coins listed monthly!

    Josh Moran

    CIVITAS Galleries, Ltd.
  • ajaanajaan Posts: 17,445 ✭✭✭✭✭
    Yes. Luckily most eBay auctions are in US$.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • wybritwybrit Posts: 6,967 ✭✭✭
    Absolutely, which is why I am buying a lot less from the UK at present.
    Former owner, Cambridge Gate collection.
  • MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭


    << <i>more expensive for US citizens to buy because of the declining value of the dollar against the foreign currency. Has anyone else noticed this?
    >>


    Susan, you're working too hard! image

    OTOH, anything British and Nice, is a cinch sale due to the tight supply!! image

    Oh yeah, you should hear a 'great sucking sound' for Heritage's upcoming World material.....London to New York is a cheap ticket in January.
  • Oh yeah, you should hear a 'great sucking sound' for Heritage's upcoming World material.....London to New York is a cheap ticket in January.

    10-4 on the great sucking sound. Look at the bright side...maybe this will increase the odds of getting a nice coin from overseas, if we can ever afford one again.

    Bob
  • I haven't bought any British since the last Heritage WCA......... image
  • Just a leveling of the economic playing field. If I want it bad enough I'll buy it. On the flip side does that make my world collection "more" valuable as the dollar decreases in value image
    "Any fool can use Power, but it is our wits that make us men."

    Collecting Penguins, Named Ship Coins and other assorted goodies

    Looking for Circulated coins of Papua New Guinea

    stores.ebay.com/Grumpy's-Cave
  • Many American collectors are probably in trouble because of this but I can assure you that here in Europe it's a collecting party image. The only bad thing is that the gold price goes up when the dollar goes down. I have bought some really nice coins lately at really nice prices. I save at least 25 percent when paying in dollars.

    But don't worry folk. The dollar will get back up at some point. I don't mean to get too political here but in my opinion the fall of the dollar reflects the fact that the world does not really agree with mr Bush when he says that he is making the world a safer place...

    Marcel
    Ebay user name: 00MadMuffin00
  • If that's the case, I'm keeping all of my British coins. I don't expect the dollar to rise for another four years or so.
  • I just got a good deal on a 1999 silver two pound proof from a UK based dealer that sells on the bay of E and always lists prices in US dollars though

    Dr J
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