World of Coins

Events => External events => Topic started by: bububoy on May 01, 2015, 03:39:12 PM

Title: Tokyo International Coin Convention, May 1-3, 2015
Post by: bububoy on May 01, 2015, 03:39:12 PM
Today was the first day of the convention, there was unusually a huge crowd from mainland China, doors opened at 10:30 and there was some waiting time, the weaker yen makes travel to Japan cheaper so do the purchases for the Chinese collectors !
In the big names Baldwins were missing this time; the regulars St James, Knightsbridge, Excelesior, Heritage, Kuenker, Spink, Stacks B&P, Stephen Album were all present with single table booths.
Saw a french auction house cgb.fr for the first time.

The Shinkansen series coins were all being sold at prices between JY1300-2000, also saw that there is a sudden demand for swiss gold coins, but not sure whether this demand was domestic or because of European dealers going for the kill due to a weaker yen!

mahe


mahe
Title: Tokyo International Coin Convention, May 1-3, 2015
Post by: Bimat on May 01, 2015, 04:12:24 PM
Thanks for the report! So what kind of coins do Japanese collectors usually collect? In India, foreign dealers do not participate; the only exception being Stephen Album...

Aditya
Title: Re: Tokyo International Coin Convention, May 1-3, 2015
Post by: bububoy on May 01, 2015, 04:48:07 PM
Collectors in Japan collect coins from Japan, Britain, Germany, France, Switzerland and there are also some serious collectors of ancient coins, SARC has been visiting India at least for the past two decades, even before coin conventions used to be held in India. They specialize in Islamic coins and i believe have a collective experience of over a hundred years with Indian coins, i also remember their first catalogs were printed in India.
From what i know there are major challenges getting coins in and out of India due to the 100 year tab that the local authorities have placed, hence the thinner than expected interest shown by the international community !

mahe