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<p>[QUOTE=&quot;AncientJoe, post: 3641182, member: 44357&quot;]Personally, I&#039;d classify the current ancient Greek market as frustratingly strong. There are a few relatively new players who are spending vast sums of money (happily, under quality direction and advice) and they&#039;re making it difficult to buy coins.</p><p><br /></p><p>At least two of them already have a Naxos so this coin might not go to the moon but I wouldn&#039;t expect it to sell on the low side of the estimate: CNG just always opens their lots at 60% but rarely do they sell there.</p><p><br /></p><p>I don&#039;t have one and was offered this coin last year but ultimately needed to pass as it was too expensive for me at the time at the offered price. I doubt it&#039;ll sell much lower in this sale but we&#039;ll see what happens.</p><p><br /></p><p><br /></p><p><br /></p><p>HJB (and most dealers) operate on a model where they buy/sell fairly quickly. Holding a coin from 1981 until now wouldn&#039;t make sense - they probably either represented a customer for it or had one in mind when purchasing it and it was off of their books in weeks/months.</p><p><br /></p><p><br /></p><p><br /></p><p>This is a good question. When more liquid funds are needed elsewhere (business, life, etc.) I&#039;ve often toyed with the idea of consolidating a handful of &quot;replaceable&quot; coins that I&#039;ve enjoyed owning in favor of adding a &quot;big ticket&quot;/truly irreplaceable piece if/when one came available.</p><p><br /></p><p>There&#039;s no guarantee you&#039;ll end up being successful in purchasing the new coin which could leave you without the new one and without the previous ones which is a risk but this could be at least somewhat mitigated.</p><p><br /></p><p>For me, there are a handful of types that, if they were to come onto the market, would cause me to seriously consider some consolidating.</p><p><br /></p><p>It does result in a philosophical question about the nature of a collection: is it only the complete group you own at the end when you choose to sell (or die or donate) or is your &quot;collection&quot; the set of coins you&#039;ve owned over time? Defining a collection just as the cumulative quantity of capital you&#039;re willing/able to reserve for a set duration seems contrived but this seems to align with what has historically defined a collection.</p><p><br /></p><p>Taken to an absurd extent, it could be possible to buy one coin, sell it, buy a different one, sell it, buy a different one, etc. which would certainly not &quot;feel&quot; like a collection. Similarly, in my eyes, a dealer&#039;s inventory over time shouldn&#039;t count as their &quot;collection&quot;.</p><p><br /></p><p>So, is there an acceptable medium period, a minimum holding duration which differentiates between a transient piece and a permanent fixture? Or, am I pontificating too much because of jetlag?[/QUOTE]</p><p><br /></p>

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