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<p>[QUOTE=&quot;kirispupis, post: 8353802, member: 118780&quot;]For modern coin collectors, ancients must seem tempting, but they are really two different universes.</p><p><br /></p><p>Modern coins are more static. They have well established grades that are ruled by a handful of grading services. There are also relatively few different coins. One can easily lookup the price for a given coin of a given mint + year + grade. One can even make a chart of prices for it over time, like a stock.</p><p><br /></p><p>Ancients have none of that uniformity.</p><ul> <li>Grades are variable and are just one factor that influences a coin price, such as centering, provenance, patina, etc.</li> <li>More ancient coins are constantly being uncovered in hoards. For modern coins, it&#039;s extremely rare that someone&#039;s going to pull a high grade rarity out of the dirt. For ancients, the supply always changes.</li> <li>Collecting trends change dramatically over time. Each coin type is more popular in some years vs others as people&#039;s moods change.</li> <li>Grading services have dramatically less impact. Indeed, for many collectors, the presence of a coin in a case <i>degrades</i> the value. Many can&#039;t stand them.</li> <li>The number of types makes it impossible to &quot;collect them all.&quot; Many new types are discovered every year. A large percentage of collectors own a unique type.</li> </ul><p>So, in summary, if you&#039;re looking towards ancients as an investment based on your background in modern coins, I recommend running away.</p><p><br /></p><p>Ancients is more the realm for those who love them for their history. As long as you stick with that and don&#039;t care about the money, you&#039;ll be fine.[/QUOTE]</p><p><br /></p>

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