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<p>[QUOTE=&quot;medoraman, post: 5340340, member: 26302&quot;]I look back at what I was (would like to say smart but just lucky) from Frank and others years ago. Group lots of full XF silvered late Romans, large ban liang, Hormizd II in XF, etc etc. Just recently I helped myself to about 75 high grade Vahran V in various auctions. Today I do not see many for sale at all. </p><p><br /></p><p>Ancient coins, from the 20 or so years I have been around them, are a feast or famine enterprise. Yes, there is a constant stream of onesies and twosies coming from collections being liquidated, but it is very much a hoard hobby. This is how I view it usually:</p><p><br /></p><p>1. Wow, that is a nice coin. Pretty unusual to have more than one in an auction.</p><p>2. Holy crud, every auction has some of these. Prices coming down quick.</p><p>3. Man, how boring. I can buy group lots of 20 at a time. Yawn. </p><p>4. Geez, still around. Prices scraping the bottom of the barrel. Glad I wasn&#039;t a sucker buying these. Way too many for anyone to ever want to buy one again.....</p><p>5. Huh, um, where are the usual 5 group lots of X in this auction? Some other auction houses still have a few, but if I need any I will catch the next auction that surely will have tons of them again.</p><p>6. Six months later, coin is back up to price it was before hoard hit. Hmm, never did get one of them. Remember when I could get them in group lots for a quarter of today&#039;s price? Ah, the &quot;good old days&quot;.</p><p><br /></p><p>We live the &quot;good old days&quot; every year. Sure, things you wish you bought are gone now, but right in front of your eyes are coins that are RARE, yet they happen to be common in the marketplace right now for some reason. DO NOT get fooled. Long term, rare is rare, and the market can absorb the excess, it is just variable how long. Longest I ever saw was the Hormizd II pieces. That lasted for about a decade. I bought some group lots, and any singles in XF for less than $100 I was &quot;stupid&quot; and bought. Where are they today? Show me a true XF Hormizd II and it is at least $200 if you can find them. Those Vahran V I bought for $40 or less in groups are now $75-100 coins, and will increase. </p><p><br /></p><p>Maybe multiples are not your thing, that is fine, but I just wanted to impress on people do not get suckered in by what today is seen as &quot;common&quot; to last forever. Buy what is available to buy when you can. Over 20 years there are TONS of coins I kick myself for not buying when they were &quot;common&quot; and I cannot find a signle example today. Look for a Type I Persian silver coin. NN had one in their auctions for about 10 auctions in a row, (I bought two). Try to find one available at any price right now. Read CT and other sites, learn your coins, and buy what you can when you can.[/QUOTE]</p><p><br /></p>

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