By Geoffrey Cope – CoinLink Content Partner – www.petitioncrown.com

Based on information from dealers and following market conditions I would forecast that the prices over the next years will keep an upward movement.

The above is supported by the increase of individuals and pension for diversification of assets and protection.

The Fenton Auction in London saw a jump in prices for high quality pieces; this will be followed by the market increasing for lesser quality items. The Internet is producing a new base of collectors who consider today’s price levels inexpensive. The UK has an old company that is introducing Numismatics as an Alternative Asset for inflation protection. The difference is today the companies would prefer and orderly market, prices not to run out of hand.

If you analyze historically from 1936 to date on the material through auctions and major dealers except for re-adjustment of prices of items that were miss-priced the compound growth for coins is +11.0% -12.5%. Average inflation during this period was 3.8%. This can vary if specific areas of British coins are not popular for a period.

Price comparisons between USA and UK coins, the gap is so great I can hope the US collector does not decide to collect UK material in a serious way – otherwise we will see price rises we have never seen in the UK market as it will be re-structured the US way which is different than the UK.[A comparison of values will increase many items several times] An example in one change will be that in the US the dealers will stock and support the market and hold much more stock at higher prices. (more…)

The November 28 auction includes a rich offering of NGC-certified European and South American coins

French dealers and auctioneers Maison Palombo offer a rich assortment of high-quality World coins in their upcoming Auction 8. The auction will be held at the Palais de la Bourse, Marseille, France, on Saturday, November 28, 2009. All 982 lots can be seen online at sixbid.com: Palombo Auction 8.

Nearly 400 lots included in the sale have been certified by NGC, making this one of the largest offerings of certified coins in a European auction this year. Included is the continuation of the collection of Monsieur le Chanoine Léon Matagne.

Numismatic author and one of the founding members of the European Numismatic Alliance, Matagne assembled an important collection of Belgian coins and a number of elusive patterns from his collection are featured in the sale.

Several important South American coins from the Caballero de las Yndias collection are offered, and, as with previous Palombo sales, there is an extensive group of exceptional quality French coins.

Click here to view selected Highlights at NGC

2,200 high grade samples of mostly scarce, rare or unique specimens from Spain, her colonies and empire ranging from the Visigothic era to the present were sold Oct 21-22 by Aureo & Calico in Barcelona Spain. The Caballero de las Yndias collection is stunning representation of all of the mints that struck coinage for all of the Spanish dynasties throughout all of the rulers and respective types.

The “Caballero de las Yndias” (Knight of the Yndias) collection contains numismatic treasures, the scope and the quality of which have never before brought to the auction block before.

Interestingly, the collection is being sold by an American who inherited it from a Basque ancestor who had emigrated to the US.

Aureo & Calicó’s coin specialist, Eduard Domingo, told the media that “the coins, all of them solid gold, were minted between the first century (Roman) and the 20th century (during the reign of Alfonso XIII)”.

The star piece was without doubt Lot: 1863, a gold coin known as a Centén (due to its worth of 100 reales, an antiquated Spanish currency). It weighs in at almost 11 ounces.

The coin was minted in Segovia in 1609 by order of the then monarch Philip III. It is the largest gold coin ever minted in Spain and was the first of its kind in Europe.
(more…)