How many collectables is the falling dollar costing America? Example:?

Question

freind is a coin dealer and tells me that many top collections going overseas because of dollar and euro.

Answer 1

There are enough rich people here and most real true rare U.S. coins are in the Smithsonian or museum's. The weak dollar does not help American collectors of ancient or world coins. Another thing is with the down fall of Communism where coin collecting was a western decadent thing, a lot of people in those countries have started to collect their own countries coins. They want to bring them home and I can not blame them. The history of a country can be told by the coins and paper money they issued over the years. One can easily see the good times and bad times. The only coins leaving the U.S. are mostly rare world coins. Most U.S. dealers have no idea what they are anyway. It is hard to find a dealer that knows a lot about all coins or a general knowledge of them. Some have no idea what book to use as a reference. One thing I have found is I buy coins from a dealer who does not specialize in that type and sell to ones that do. There is a great difference between a coin dealer or collector and a numismatist.