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<p>[QUOTE="IdesOfMarch01, post: 2287087, member: 39084"]I would strongly agree with this -- as much as I would like to acquire certain specific coins such as the Colosseum sestertius, unless the coin also appeals to me aesthetically, I won't consider it. This includes a lot of desirable, highly price coins that might be tooled (which I consider the equivalent of defacing the coin) or too worn to capture the essence of the coin's historical significance.</p><p><br /></p><p>Arguably, though, the fact that someone paid $15K for this extremely worn Colosseum sestertius tends to confirm that the person was a collector rather than a disinterested investor. Clearly the coin appeals to someone who knows the history behind the coin and wants the coin strongly enough to look past its condition. I doubt very much it would appeal to an investor since it's hard to argue that this particular coin will appreciate in price in the next 5-10 years.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 2287087, member: 39084"]I would strongly agree with this -- as much as I would like to acquire certain specific coins such as the Colosseum sestertius, unless the coin also appeals to me aesthetically, I won't consider it. This includes a lot of desirable, highly price coins that might be tooled (which I consider the equivalent of defacing the coin) or too worn to capture the essence of the coin's historical significance. Arguably, though, the fact that someone paid $15K for this extremely worn Colosseum sestertius tends to confirm that the person was a collector rather than a disinterested investor. Clearly the coin appeals to someone who knows the history behind the coin and wants the coin strongly enough to look past its condition. I doubt very much it would appeal to an investor since it's hard to argue that this particular coin will appreciate in price in the next 5-10 years.[/QUOTE]
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