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<p>[QUOTE="Orielensis, post: 3933353, member: 96898"]I guess that strongly depends on the part of the world you grew up in – personally, I only learned about the Oregon Trail after I moved to the US some years ago. It's an important part of American cultural mythology but not that well known in other places.</p><p><br /></p><p>Apart from that, I think you both have a point here:</p><p><br /></p><p>[USER=84905]@Tejas[/USER] , if I understand him correctly, rightfully pointed out that collectors shouldn't expect inexpensive coins to drastically rise in value. Especially for beginners, this is very useful information and mentioning it might help to prevent the type of frustration and disillusionment we often see here on CT. Collecting coins for historical interest is a way to spend money and not to make it. If I ever decided to sell the ten coins in the original post, I'd be happy if I broke about even.</p><p><br /></p><p>(I'm not so sure if value development really depends so strongly and exclusively on condition, though. For example, many of the high grade medievals in my collection, a couple of them shown <a href="https://www.cointalk.com/threads/flimsy-thin-delicate-medieval-bracteates.348959/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/flimsy-thin-delicate-medieval-bracteates.348959/">here</a> and in my <a href="https://www.cointalk.com/threads/orielensis-top-10-of-2019.351171/#post-3918198" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/orielensis-top-10-of-2019.351171/#post-3918198">main top ten list</a>, came with considerable price tags exactly because of their grade. If I needed to sell them quickly, I'd almost certainly had to face a substantial loss. Selling e.g. a mid-grade Alexander the Great tetradrachm without loosing much money would probably be a lot easier.)</p><p><br /></p><p>[USER=76194]@Sallent[/USER] replied that many ancient collectors don't care that much about the value development of their coins and the factors that influence it. Rather, they collect to enjoy the history behind their coins as well as their beauty. This most definitely resonates with me: though I know that it has a certain monetary value, I don't consider my coin collection a financial investment that needs to grow. Others might think differently, but for me, this would drain away much of the fun. And in the end, coins are my hobby and not my side job. I do this not for profit but for my personal enjoyment. It's okay that this costs money.[/QUOTE]</p><p><br /></p>
[QUOTE="Orielensis, post: 3933353, member: 96898"]I guess that strongly depends on the part of the world you grew up in – personally, I only learned about the Oregon Trail after I moved to the US some years ago. It's an important part of American cultural mythology but not that well known in other places. Apart from that, I think you both have a point here: [USER=84905]@Tejas[/USER] , if I understand him correctly, rightfully pointed out that collectors shouldn't expect inexpensive coins to drastically rise in value. Especially for beginners, this is very useful information and mentioning it might help to prevent the type of frustration and disillusionment we often see here on CT. Collecting coins for historical interest is a way to spend money and not to make it. If I ever decided to sell the ten coins in the original post, I'd be happy if I broke about even. (I'm not so sure if value development really depends so strongly and exclusively on condition, though. For example, many of the high grade medievals in my collection, a couple of them shown [URL='https://www.cointalk.com/threads/flimsy-thin-delicate-medieval-bracteates.348959/']here[/URL] and in my [URL='https://www.cointalk.com/threads/orielensis-top-10-of-2019.351171/#post-3918198']main top ten list[/URL], came with considerable price tags exactly because of their grade. If I needed to sell them quickly, I'd almost certainly had to face a substantial loss. Selling e.g. a mid-grade Alexander the Great tetradrachm without loosing much money would probably be a lot easier.) [USER=76194]@Sallent[/USER] replied that many ancient collectors don't care that much about the value development of their coins and the factors that influence it. Rather, they collect to enjoy the history behind their coins as well as their beauty. This most definitely resonates with me: though I know that it has a certain monetary value, I don't consider my coin collection a financial investment that needs to grow. Others might think differently, but for me, this would drain away much of the fun. And in the end, coins are my hobby and not my side job. I do this not for profit but for my personal enjoyment. It's okay that this costs money.[/QUOTE]
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