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<p>[QUOTE=&quot;AncientJoe, post: 2286746, member: 44357&quot;]This is very accurate, and part of the reason why &quot;problem&quot; coins are discounted so heavily, especially when the original type gets to be more expensive. The first coin in this thread looks utterly fake to me but if it were genuine, it would definitely be worth over a thousand dollars in my eyes, but certainly not $15K. </p><p><br /></p><p>I&#039;ve even bid on a few lower end examples despite having a higher grade coin myself: it&#039;s a fascinating type and I&#039;d love to have one which I could keep around the house to admire while mine is locked away at a bank!</p><p><br /></p><p><br /></p><p><br /></p><p>I&#039;m certainly not a billionaire but there are several billionaires (and even more many-hundred-millionaires) deeply interested in coins and I can absolutely say they are almost all diehard collectors which live and breathe coins. Unless you&#039;re specifically buying &quot;the finest known&quot; of extremely popular types, the vast majority of coins today are simply not expensive enough to be counted as a substantial investment for the super-wealthy. A $10 million coin collection would be just 1% of $1 billion; hardly worth the time and effort for someone who is only interested in &quot;investing&quot; that $10M with no interest in the coins they&#039;re accumulating.</p><p><br /></p><p>That&#039;s not to say people haven&#039;t gone down that path, but from the collectors I know, it&#039;s far less common of an approach than one would think. The top prices are mostly realized by passionate collectors who care deeply about what they&#039;re buying.[/QUOTE]</p><p><br /></p>

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