2010 British Coin Forecast
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…)

















