QUOTE(RW Julian @ May 4 2007, 08:34 PM) [snapback]321086[/snapback]
I know that mint sets are rising in price, but $99.99 for a 1976 set ??
http://cgi.ebay.com/1976-RUSSIA-USSR-PROOF...1QQcmdZViewItemRWJ
I can't say that I have any real familiarity with Soviet mint sets, but this does seem a bit steep for a modern mint set (at least to me).
If market prices have really been driven to such a level, is it because of collector demand or is it because of speculative buying?
As far as I can determine, most collectors of Russian coins have traditionally been primarily interested in the Imperial coinage rather than the Soviet issues (although this might be changing since 1991).
I am interested to know from those board members in Russia (or those elsewhere with familiarity with the coin market in Russia) what their perceptions are of this escalation in prices for such modern issues. Is this genuine collector demand, or is it speculative buying by new, naive people who don't really know what they are doing?
Thanks for any reply.