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<p>[QUOTE="dougsmit, post: 2042265, member: 19463"]I wouldn't pay several hundred either but this was $15 from a professional dealer who was at the stage of study that all little junky ancient coins were the same. If this were a Constantius, $15 would be a fair price. This is also why I suggest we all prepare our heirs for what to do when we are gone. If they walk into a coin store that sells mostly bullion on proof sets, your Flavius Victor will be just another coin. I would not buy this coin from your grandpa for $15 but when someone sets himself up in business, has a neon sign that reads COINS and buys collections from whoever walks in, should I have told him $15 was not enough? I wonder if my grandson will sell this one for $5 and complete the cycle. If he does, maybe the real value of such a coin is what it actually sold for the last three times it sold rather than what a big auction house would ask if they had it. </p><p>[ATTACH=full]373040[/ATTACH] </p><p><br /></p><p>On the other hand I paid a professional dealer a great deal more than any of you would for an uglier coin so it all comes out even in the end unless you only buy coins for what they are 'worth' and not what they are.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2042265, member: 19463"]I wouldn't pay several hundred either but this was $15 from a professional dealer who was at the stage of study that all little junky ancient coins were the same. If this were a Constantius, $15 would be a fair price. This is also why I suggest we all prepare our heirs for what to do when we are gone. If they walk into a coin store that sells mostly bullion on proof sets, your Flavius Victor will be just another coin. I would not buy this coin from your grandpa for $15 but when someone sets himself up in business, has a neon sign that reads COINS and buys collections from whoever walks in, should I have told him $15 was not enough? I wonder if my grandson will sell this one for $5 and complete the cycle. If he does, maybe the real value of such a coin is what it actually sold for the last three times it sold rather than what a big auction house would ask if they had it. [ATTACH=full]373040[/ATTACH] On the other hand I paid a professional dealer a great deal more than any of you would for an uglier coin so it all comes out even in the end unless you only buy coins for what they are 'worth' and not what they are.[/QUOTE]
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