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<p>[QUOTE="Tejas, post: 3933185, member: 84905"]Sure, there are always collectors who go for the lesser conditions and that is absolutely fine. If you are assembling a specialist types collection, there is often no other way.</p><p><br /></p><p>Nevertheless, for the coin market as a whole price developments speaks a different language. Common coins of lower quality are inexpensive, because they are common and they will usually remain common and inexpensive in the future. Common coins of high quality are in fact not so common and they tend to go up in value over time, because they are sought after.</p><p><br /></p><p>So clearly, for someone who does not care about valuation gain or even value preservation, condition is not so important, but the price development shows that for the bulk of collectors "condition is everything", because condition often determines rarity and value.</p><p><br /></p><p>A common Gordian Antoninian in average or below average condition can be bought for USD 25,- but it will probably remain at this value or even decline, depending on supply and preferences. A high quality Gordian Antoninian of exceptional style may be bought for USD 125,-, but chances are that the coin will cost twice that in 10 or 20 years (I made up those numbers). I think this is a bit the choice (or dilemma) that every collector faces.[/QUOTE]</p><p><br /></p>
[QUOTE="Tejas, post: 3933185, member: 84905"]Sure, there are always collectors who go for the lesser conditions and that is absolutely fine. If you are assembling a specialist types collection, there is often no other way. Nevertheless, for the coin market as a whole price developments speaks a different language. Common coins of lower quality are inexpensive, because they are common and they will usually remain common and inexpensive in the future. Common coins of high quality are in fact not so common and they tend to go up in value over time, because they are sought after. So clearly, for someone who does not care about valuation gain or even value preservation, condition is not so important, but the price development shows that for the bulk of collectors "condition is everything", because condition often determines rarity and value. A common Gordian Antoninian in average or below average condition can be bought for USD 25,- but it will probably remain at this value or even decline, depending on supply and preferences. A high quality Gordian Antoninian of exceptional style may be bought for USD 125,-, but chances are that the coin will cost twice that in 10 or 20 years (I made up those numbers). I think this is a bit the choice (or dilemma) that every collector faces.[/QUOTE]
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