english coins

[suna]

i have looked though a 2000 and a 2009 year book to find the values of coins to find the data in 2009 is a lot less value that in 2000 can some explanie why this may happen

[Mr Veritas]

It also depends on just how many coins were released into circulation in a particular year.
So it may be that in 2000 fewer were issued than 2009,and so are worth more.
Also nobody can really say (until 2010) just how many coins will be issued this year,so that could affect (present time) values too.

[stewey]

I will assume that you mean the "collector's value" for coins. In that case the general rule is that the older a coin is, the more value it has. This, of course, does not mean that all old coins have have a great deal of value. Also, the values quoted in these books are almost meaningless.

[spudqueen]

Do you mean that a coin valued at �xx pounds in the 2000 book is worth less (eg �x) in 2009? If so it's just that the value of things varies all the time. If you ever watch programmes on antiques you'll quite often hear experts mention that an item is worth less than it was 5 or 10 years ago because collectors have stopped buying that particular thing (often because they become too expensive!) and moved onto something else.

[jno]

if you mean what spudqueen thinks you mean, it is unusual to have a big drop in price but it may have something to do with the recession. Prices aren't constant like cabbages coins are collectors' items and a luxury; they're the first thing to go when money gets tight. People may have just stopped buying them, or maybe collectors have sold theirs off and flooded the market. Either way sellers would then have had to cut the price to find buyers.

[Trotbot]

It happened with stamps as well. Essentially, the price of a rare coin is what someone is willing to pay for it. In poor economic times, luxury / collectables drop in price as there are fewer interest purchasers. Whether the price recovers depends on how overvalued the items were relative to other investments.

There are people with a genuine love of coins who will continue to buy (on a reduced scale) during a recession, and there are those that invested to make money. The investees may not come back to coins, they may move on to china dolls or dinky toys. If so, any valuation bubble may have been popped.