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Message:: [QUOTE="David Woodhouse, post: 26388191, member: 174272"]Thanks for your reply Panzer man and the coin in the photo is gorgeous. I totally agree that when additional coins appear on the scene they generally dilute the pool of existing coins and drive prices down. But I think there are other factors to consider. For instance if the number of people generally interested in coins increases there may be insufficient supply to satisfy demand so prices may increase or at least not drop when new coins enter the marketplace. Also, here in the UK, when new coin hoards are found they are usually claimed by the state and end up in museums so there is no dilution of the examples available in the marketplace and prices remain unaffected. I can understand that if 2 identical coins in identical condition were for sale, the one which was part of a famous hoard might command a higher price than the single coin found by a detectorist, simply because of the kudos of being associated with the hoard. But I still think that for many collectors being able to buy the exact same coin that was not part of a hoard at a lower price might make that coin more attractive to buyers.[/QUOTE]