How does the low value of the US Dollar effect buying power?

MSD61 · February 26, 2005 11:51PM

How has the lower value of the US dollar against the euro and the pound effect your buying power? For me it's not so much the price of the item as it is the amount to ship it here to the states. Do you find yourself buying less?

spinaker2000 · February 27, 2005 12:22AM

It's killing me!!

I'm passing on so many coins right now just for that very reason.

tonyhar · February 27, 2005 12:41AM

Its great this side of the pond buying !

MSD61 · February 27, 2005 12:45AM

<< <i>Its great this side of the pond buying ! >>

Yeah, yeah Tony rub it in would ya???

Aethelred · February 27, 2005 12:52AM

<< <i>It's killing me!!

I'm passing on so many coins right now just for that very reason. >>

Same here!

MacCrimmon · February 27, 2005 1:45AM

It costs more!!

When I started buying British milled thingamabobs the USD-GBP rate was 1.42 give or take; it's now hovering around 1.92. That's a 35%+ jump alone. Add to that about a 50% increase in the GBP denominated value for true gem uncirculated Vickys and its about "twice the price for nice", or anything else for that matter.

The good news is the extra bits and bobs are also about doubled in value in the last three years, so I'll most likely be selling the lesser areas of interest in exchange for more Vics.....

P.S. I'm waiting for the UK real estate bubble to pop......I'd like to figure out how to get my house transported to the UK......

cacheman · February 27, 2005 1:53AM

I've had to hire a German burglar to help me out as I can't afford the auctions any longer. He scopes out the auctions and then pulls a B&E of the winners homes several weeks later. I am saving the 15% juice charges but the shipping is still killing me...

ajaan · February 27, 2005 2:00AM

I'm finding it especially difficult to get the few Canadian coins I need to fill my sets. Most of these are sold by Canadian dealers and the exchange rate is killing me.

boz · February 27, 2005 2:04AM

It's upped the prices in my niche.
But the alternative is to not buy at all.
I can't deal with that.

satootoko · February 27, 2005 9:04AM

PuddlePirate · February 27, 2005 10:58AM

It has definately slowed me down, on the upside now that I have to save money to purchase coins I have a tendancy to buy better quality. My collection is changing from VF-AU to BU-PR. It's not growing as quickly as I would like but the quality improvement is a marked contrast. So, I guess its a good thing.

wybrit · February 27, 2005 11:13AM

The exchange rate is a killer - all the good British coins are gone largely thanks to it.

MrEureka · February 28, 2005 8:11AM

It's working out great for me. I've been selling my European coins and buying more Latin American.

How does the low value of the US Dollar effect buying power?

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