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<p>[QUOTE=&quot;AncientJoe, post: 3089581, member: 44357&quot;]I echo IOM&#039;s thoughts and wanted to add a bit more as the not-so-veiled subtext in this post is similar to&nbsp; many which are frankly why I spend far less time posting on this forum these days.</p><p><br /></p><p>Doug, I suggest you look at other bidder handles than just Clio and I think you&#039;ll realize your assumptions are entirely incorrect. I&#039;m regularly outbid by the same people on five figure as on three figure coins. The notion that collectors who CAN buy expensive coins ONLY buy expensive coins is absurd: there are large swaths of numismatics that are extremely interesting and enjoyable to collect at a low price point (i.e. I&#039;m working on a Nabataean set and haven&#039;t paid over $200 for a coin yet).</p><p><br /></p><p>I would be shocked if anyone deliberately avoided buying coins just because they were cursed by being inexpensive: if dekadrachms cost their weight in silver it wouldn&#039;t make me want them any less and if Nabataean bronze cost its weight in gold, it wouldn&#039;t make me want them more: a coin is a coin and I really wish they cost less so that I could buy more of what I like, which, of course, includes nice examples of otherwise common types.</p><p><br /></p><p>There are some specialized collections of expensive coins (i.e. the LaBorde collection of aurei which has been sold over the last couple years by NAC). Is it really so unfathomable that he could have numismatic interest and decide to collect just aurei? The late Larry Adams is in the same group: I doubt anyone would say he wasn&#039;t a quality numismatist but he chose to only buy gold coins because that was his personal preference.</p><p><br /></p><p>If someone wants to buy 1,000 $100 coins or one $100,000 coin, it makes no difference. Everyone should be able to collect what they want and shouldn&#039;t be improperly judged with these assumptions that &quot;money = numismatic apathy&quot;. All of the well-heeled collectors I know spend countless hours studying coins, buying books, pouring over catalogs, etc.</p><p><br /></p><p>Sheikhs are rare and the exception to the rule and it shouldn&#039;t be assumed that collectors with expensive coins are only out for investment/don&#039;t care about the numismatic context/are bidding like the Sheikh.[/QUOTE]</p><p><br /></p>

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