Articles on numismatics
As the auction season closes in London the prices paid for all types of coins have been astounding. It sometimes beggars belief that coins of sometimes average quality are fetching far more than catalogue prices and generally more than dealers ask. This seems to have created a parallel universe in which coins are fought over in auction rooms and dealers have unsold coins which are cheaper.
However, in this unusual market anything can happen, as long as interest rates are low and investors are looking for alternative investments the scope for a good return on investment remains positive. But, in the medium to long term coins should be treated as a great hobby and something to enjoy and spend time over rather than waiting to sell for a quick profit.