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What's your coins worth in euros?

EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
In December 2002 the euro was about on par with the US Dollar. Since then the dollar has slid to only e0.63 euros.

Exchange calculator

In 2002 I recall selling MS-64 FE Cents in MS-64 for $1,200. Now they are selling for $1,600 to $1,800. That e1,200 in euros today is nearly $1,900.

In 2002, MS-65RD Indians were $400, today $650. e400 euros today is $631 dollars.

In figuring the price of anything in dollars today it is interesting (and depressing) to see it in relation to the euro to see the impact of a cheapening dollar.

Gold at $930 in US Dollars is e590 euros.

Perhaps this experiment can be used to find bargains in the marketplace.
Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:

Comments

  • bidaskbidask Posts: 14,040 ✭✭✭✭✭
    Now that you brought it up, why are't you as a dealer branching out into foreign coins? Just curious.

    To answer your question, it doesn't matter much unless the Europeans are buying US coins with their euros or you have been buying European coins with your dollars, imo.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • Steve27Steve27 Posts: 13,275 ✭✭✭
    There's a big difference between exchange rates and what you would have to pay for a coin in another country. I was looking in the window of a coin dealer across the street from the British Museum a couple months ago, their prices for bags of common date low grade Buffalo Nickels and similar US coins would blow you away (I just laughed).
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    I think you miss the point. Food, oil and gold (and maybe rare coins, art and other collectables) are international commodities. If you think we live in a bubble, then you are like the frog in a nice warm bath on top of the lit stove.

    You can judge how much your paycheck and collection are losing value by comparing it to a more stable currency, like the euro.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:

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