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Current State of the Chinese Coin Market?

Hi folks,
I'm a relatively casual collector of Chinese coins - the market has seemed to swing dramatically back and forth for the past few years. I am just wondering if any of the more experienced collectors/dealers have any thoughts on where the market currently stands? Are prices rising, falling, stable? Any guess on how the market will go in 2013?
Always interesting to hear any thoughts.
I'm a relatively casual collector of Chinese coins - the market has seemed to swing dramatically back and forth for the past few years. I am just wondering if any of the more experienced collectors/dealers have any thoughts on where the market currently stands? Are prices rising, falling, stable? Any guess on how the market will go in 2013?
Always interesting to hear any thoughts.
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Comments
Experience the World through Numismatics...it's more than you can imagine.
The market, even now, is already too high to enter. Those who had the chance to own some coins since 2005-2007 were the lucky ones. Also, many collections have been sold and a lot of collectors satisfied their passion. I wouldn't be surprised to see a similar move with the Russian market that hit its top 4 years ago and has been going downwards ever since. Shame that the best Russian collection of the 20th century has started last October and is still currently being sold by Sincona, instead of 4 years ago, there are some proofs to die for in it.
Always referring to classics and not gold or silver pandas of which I have no idea or any interest at.
myEbay
DPOTD 3
Maybe, the next HOT market will be Newfoundland and Canada's Vickiy coins???
looking at the mintage numbers ... WHY NOT??
better go and stuff my pockets... lololo
<< <i>If the market is down, WHY do i receive hard cover catalogs showing exclusively Chinese and Russian coins for auction from European Auction houses.?
>>
Because even at their low, or near bottom, they are still bringing infinitely higher prices than Albania or Romania.
Another country that brought much stronger prices than it used to , was Switzerland.
Finally, Heritage is not to be taken as a bible on the current prices. Example, a gold 1911 £5 NGC PR65 that sold for $6500, ie the same price that the entire gold set (half sov, sov, £2 and £5) had sold at Stack's two months ago, in grades PCGS PR64+DCAM to PCGS PR65DCAM and PR65 for the £5. There are certainly bargains out there for those willing to look for them.
Stack's is currently selling a 1908 C sovereign in PCGS SP65. Any guesses as to its final price?
Edited to add:
$11750 !!!
myEbay
DPOTD 3
China Market OVERALL, down & stagnant. BUT there are pockets of strength (duh) & people out there,... that when
they see a nice coin... 2000 blossom/scallop ms70 silver dragon, they BUY! last year $1200 coin, retail
this past HA auction $1600 or so
Market is real & just in its infancy, but buy only for the long term &/or passion
Hong kong/Long Beach JUNE Table #838
MACAU
emgworldwide@gmail.com
Cell: 512.808.3197
EMERGING MARKET GROUP
PCGS, NGC, CCE & NCS, CGC, PSA, Auth. Dealer
Linky
<< <i>I always think SB price is much better for buyer than HA. HA might has a lot more dealer support or buy back than SB. >>
Dealer support??? You must mean in ADVERTISING/ MARKETING there auctions
Hong kong/Long Beach JUNE Table #838
MACAU
emgworldwide@gmail.com
Cell: 512.808.3197
EMERGING MARKET GROUP
PCGS, NGC, CCE & NCS, CGC, PSA, Auth. Dealer
edited to add: over a 20 year period... BV will always be higher 20 years from now I didn't mean short-term flipping that's more akin to day trading on NASDAQ
Amat Colligendo Focum
Top 10 • FOR SALE
<< <i>
<< <i>I always think SB price is much better for buyer than HA. HA might has a lot more dealer support or buy back than SB. >>
Dealer support??? You must mean in ADVERTISING/ MARKETING there auctions >>
no, I meant dealers push up the price.
<< <i>
<< <i>
<< <i>I always think SB price is much better for buyer than HA. HA might has a lot more dealer support or buy back than SB. >>
Dealer support??? You must mean in ADVERTISING/ MARKETING there auctions >>
no, I meant dealers push up the price. >>
Yes agreed, Any other way I would have to disagree lol
Hong kong/Long Beach JUNE Table #838
MACAU
emgworldwide@gmail.com
Cell: 512.808.3197
EMERGING MARKET GROUP
PCGS, NGC, CCE & NCS, CGC, PSA, Auth. Dealer