Message:

<p>[QUOTE=&quot;robinjojo, post: 8353979, member: 110226&quot;]In monetary terms, ancient coins are not the best investment due to one key factor: hoards.&nbsp; While hoards or accumulations, if you prefer, of modern coins do occur and large collections hit the market from time to time, ancient coins are far more prone to the hoard factor just by their very nature - they come from a time when it was the norm to stash one&#039;s money in a place that offered relative security, be that a jar or within or under a wall, whatever.&nbsp; By far burial was the usual resort, and ancient coin finds of this nature occur on a widespread and frequent basis, from individual coins to small groups to truly staggering groups.&nbsp; Normally when large hoards of a given coin type hits the market there&#039;s a drop in that type&#039;s value, which actually affords collectors an opportunity to obtain an example at a reduced price. </p><p><br /></p><p>The point is that ancient coins cannot be relied on as a reliable, steady investment.&nbsp; Prices do fluctuate for many types, so the net outcome when it comes time to sell may not necessarily mean a gain. </p><p><br /></p><p>Now I know that slabbed ancients and even some raw ancients have been selling for very high prices, especially since the start of the pandemic, when many collectors and non-collectors were stuck at home with cash to burn.&nbsp; This trend cannot sustain itself over time, in my opinion.&nbsp; There will come a point when prices level off and start to drop, leaving those who bought in the stratospheric price level stuck with the prospect of losing money on a coin when it is put up for sale.</p><p><br /></p><p>Now, there is an investment that one can make with ancient coins that has immediate returns.&nbsp; That is the investment that gives a collector pleasure, knowledge and an appreciation of history.&nbsp; As intangible as this investment is, I think one can argue that these aspects of collecting ancients and other coins for that matter are rewards enough.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in