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To what extent is the collecting of US Coins popular outside of the USA?

SanctionIISanctionII Posts: 12,255 ✭✭✭✭✭
For example, does the growning middle class and upper class in China have any interest in collecting coins, including US Coins?

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  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    .........i'm not sure about china, but Ecuador gets our prez bucks quite often, not sure if any of the people collect them but they sure spend them!image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Actually classic commems enjoy some popularity through Europe as strange as it sounds by collectors..............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • They dont collect in China they just make their own
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭


    << <i>For example, does the growning middle class and upper class in China have any interest in collecting coins, including US Coins? >>



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  • bidaskbidask Posts: 14,017 ✭✭✭✭✭


    << <i>For example, does the growning middle class and upper class in China have any interest in collecting coins, including US Coins? >>

    I suspect they are more interested in Chinese coins. I suspect foreign numismatists are much more open to collecting foreign coins in general than US collectors.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
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  • phehpheh Posts: 1,588
    Chinese collectors had picked up over the past few years, but seems to be leveling off (trending along with their growth).

    Japan, Europe (Germans love gold/British love silver dollars), Mexico all have healthy collector interest in US coins.

    Plenty of love for US coins from foreign interests out there.
  • I've always wondered the same question is US coin collection ethnocentric?
  • There is a group of expatriates, military members and retirees that reside outside of the USA that collect USA coins. When I was in the Army I even went to a couple coin shows in Germany. In my experience however most people who collect American coins are American.
  • WTCGWTCG Posts: 8,940 ✭✭✭
    It probably isn't any surprise to anyone that people are more likely to collect coins that are from their country of origin or ancestry. Coin sellers will often assume what types of coins a person who walks up to their table will be looking for; I know this from experience and the number of Chinese or other Asian coins I have been shown unsolicited over the years is astounding. Sometimes they are correct with their assumptions but often times they are completely wrong.

    It can be assumed in China the most popular coins are Chinese coins, but that's not to say that there isn't a market for U.S. Coins. Over the last few years some rare U.S. Coins have found their way to China and there is overall demand for those coins.

    As for Chinese and Asian Americans in the U.S., most exclusively collect U.S. Coins and there are currently some very nice collections that are Asian American assembled and owned.
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  • sinin1sinin1 Posts: 7,500
    Germany and United Kingdom like classic commems, and state quarters and all Europe likes GOLD
  • Halfhunter06Halfhunter06 Posts: 1,332 ✭✭✭
    When i was in Germany I went to 2 coin stores and about 50% of thier stock was US. It really suprised me.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭
    The one underlying fact over the whole world is :
    Those who collect coins are generally smarter than those who collect beanie babies. (and i can't spell)
  • garsmithgarsmith Posts: 5,894 ✭✭
    Don't know I have never collected US coins from outside the US
  • DoogyDoogy Posts: 4,508
    It depends on the country. I have the opportunity to travel quite a bit overseas, as well as attend overseas coin shows. Some coin shows (like the Berlin international and the major one in Beijing, makes our ANA and FUN shows look tiny and thrown together by comparison). I know for a fact that a lot of rare US coins have been going overseas the last few years to foreign collectors. See some folks at major auctions you don't know? Many times, they are bidding on behalf of these folks. I know one collector in particular that is building one of the most extensive collections of US coins, both silver and gold, to rivel Eliasberg.

    Remember, the europeans have been collecting and grading coins far longer than the US has even been a country. Remember the grading term FDC that some US collectors scoff at? That term has been in regular use since the 16th century. Spinks has been around dealing with coins since 1666, while our oldest is Stacks, which is barely 80 years old. One thing is for sure, we certainly don't have a monopoly on collecting or collectors.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭
    Europeans like fine collectibles. They make them better than anyone else. It would be my suspicion that Japan, China and Europe would all be hotspots for collectibles made in America.

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