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<p>[QUOTE=&quot;AncientJoe, post: 1643644, member: 44357&quot;]There have been some illogically high prices recently in the higher ends of the market, and some semi-low prices due to lower quality. As a &quot;case in point&quot;, there were two coins I was closely tracking at the NYINC auctions and was willing to bid heavily on, knowing exactly when they last sold (13 months prior). These coins had great provenances and were solid coins for their grade, but ended up going for 3-4 times their previous sale price, which was already in the five-figure range. On the other hand, there were some which sold for under their previous sale price which personally I wouldn&#039;t have bid on if they cost half as much. Overall, the NYINC auctions realized very weak prices in my eyes, and this is largely because of the lack of quality material, which brought down the prices of some quality coins because some bidders didn&#039;t even bother with the sale.</p><p><br /></p><p>Goldberg&#039;s Hunter sale was a mixed bag - many realizing record prices but some closing right around the reserve, and neither of these cases being particularly surprising. There were some stunning coins in the sale, and some which were a bit flat, but they had the right mix of bidders in the room to ensure the top coins realized the right prices (and then some in a lot of cases).</p><p><br /></p><p>I think it all comes down to quality - at all prices and all grades, the top coins will increase and bring strong prices and the bottom ones will stagnate or decrease. A well struck, original coin is going to bring a premium as it will reach a wider range of collectors.</p><p><br /></p><p>Long term, I think the ancient market is going to explode even more so than it already has in the last few years. Every country in the world knows about Rome and Greece and can appreciate that they truly were the greatest empires the world has ever seen. The coins we collect commemorate these empires and allow us to hold a bit of their history in our hands.</p><p><br /></p><p>This interview by CoinWeek about Ancient Coins resonated with me as well: <a href="http://www.youtube.com/watch?feature=player_embedded&amp;v=fVRF8GTOCYI#t=253s" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.youtube.com/watch?feature=player_embedded&amp;v=fVRF8GTOCYI#t=253s" rel="nofollow">http://www.youtube.com/watch?feature=player_embedded&amp;v=fVRF8GTOCYI#t=253s</a>[/QUOTE]</p><p><br /></p>

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