Apparently Clio likes Republican Bronzes too...

Discussion in 'Ancient Coins' started by red_spork, Aug 27, 2016.

  1. ValiantKnight

    ValiantKnight Well-Known Member

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  3. Sallent

    Sallent Live long and prosper

    I think there are a few people in the hobby that take it beyond collecting and into hoarding. When you have 40 or 50 examples of the same exact coin and you are still outbidding other people for even more examples of it, that's hoarding. I wouldn't be surprised if in the next 2 to 6 years we find out about two or three ancient coin collectors that died and left a ten to twenty thousand coin collection of Roman Republic or Roman Imperial, or even Greek, with hundreds of duplicates of particular coins that now might seem rare and people pay lots for. It's going to be great for someone like me, but not for older collectors that have had to pay more because someone decided to hoard coins of a particular ruler or particular type and kept them off the market for decades.
     
  4. stevex6

    stevex6 Random Mayhem

    Ooops, I'm confused ... yah-yah, it's not the first time, right?

    anyway => Ummm, so did you add the OP-RR example, or Clio screwed you over and swooped-in as per usual and stole Christmas?

    ... either way, it is a cool coin that I hope ends-up in your sweet collection

    Man, Clio has stolen a whole lotta animal-coins from me ... geesh, is he now gonna be swiping my AE-RR targets as well?!! (drat that Clio ... drat him!!)

    ... totally jealous of the dude (his collection must "rock" eh?)
     
  5. red_spork

    red_spork Triumvir monetalis

    I did win the pictured example, but Clio stomped me on the other coin I was bidding on, the one I linked to in the first paragraph.
     
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  6. red_spork

    red_spork Triumvir monetalis

    This is certainly possible, the Hunt brothers reportedly discussed buying "the Byzantine gold"(all of it) with Bruce McNall, and in the Athena funds he tried to corner the market for certain types but ultimately failed and lost a good bit of other peoples' money I believe. I would be more worried about an actual hoard being found of a rare type and losing a lot of money on it. There are some famous examples, like the Cassius tripod denarii where a group of overcleaned but otherwise near mint state examples started appearing in commerce and pretty dramatically lowered the price of the type forever. The Imperatorial era bronzes of Gaius Sosius are seeing a similar effect now, where recent finds have driven the price of a previously-rare type down. I am of the opinion that there are still examples being disbursed from some recently found hoard given recent auction and retail listings.
     
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