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5.6 Tons Of Ancient Coins Unearthed
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<p>[QUOTE="red_spork, post: 2891975, member: 74282"]Many types of Chinese coins are already very common so I doubt it but finds of hoards do occasionally significantly lower the value of certain coins. Cassius tripod denarii for instance. <a href="https://www.acsearch.info/search.html?id=612176" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.acsearch.info/search.html?id=612176" rel="nofollow">This example</a> sold for about $5700 + fees in May of 2009. <a href="https://www.acsearch.info/search.html?id=3886225" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.acsearch.info/search.html?id=3886225" rel="nofollow">This example</a> sold for about $2300+fees in May of 2017. What happened? A hoard full of high grade uncirculated examples was unearthed and collectors have realized that, so prices have fallen. A coin that used to be one of the rarest types of Cassius is now one of the most common. This could happen with any type of rare coin honestly.[/QUOTE]</p><p><br /></p>
[QUOTE="red_spork, post: 2891975, member: 74282"]Many types of Chinese coins are already very common so I doubt it but finds of hoards do occasionally significantly lower the value of certain coins. Cassius tripod denarii for instance. [URL='https://www.acsearch.info/search.html?id=612176']This example[/URL] sold for about $5700 + fees in May of 2009. [URL='https://www.acsearch.info/search.html?id=3886225']This example[/URL] sold for about $2300+fees in May of 2017. What happened? A hoard full of high grade uncirculated examples was unearthed and collectors have realized that, so prices have fallen. A coin that used to be one of the rarest types of Cassius is now one of the most common. This could happen with any type of rare coin honestly.[/QUOTE]
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