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<p>[QUOTE=&quot;FrizzyAntoine, post: 5483413, member: 114961&quot;]I too feel like waiting is probably the best option at this point. An influx of new interest from people stuck at home due to Covid, coupled with spare cash for many middle &amp; upper-middle class collectors who aren&#039;t able to spend on parties/eating out/vacations at the moment has definitely driven prices up 20-30% on average from what I&#039;ve seen. And of course some of the folks who may have otherwise paid more at retail/coin shows might be finding auctions for the first time and are willing to pay closer to retail due to their experience with that side of the hobby. </p><p><br /></p><p><br /></p><p><br /></p><p>I personally think the situation will change over the course of this year and into the next, with prices coming back to 2018/2019 levels in the near future. For starters, Triton and the other January auctions are always crazy, with stratospheric prices. I was unsuccessful on 9 lots in triton, but even then I managed to be underbidder on 4 and felt the hammers were still within reason for a few of them. Most of the other feature auctions late last year were far more reasonable, and seemed to be in line with regular feature-auction prices. I know I was able to win something or other at nearly all of them (and I really hate overpaying, it&#039;s why I almost never buy retail either!) which I think signals prices in March-May will be much more in line with reasonable expectations, and that January is more likely to be an outlier, as usual.</p><p><br /></p><p>As far as Heritage is concerned prices there until ~2019 used to tend on the low end for nicer coins, and now it&#039;s the opposite. This seems to be stemming moreso from an influx of new/inexperienced US collectors who don&#039;t quite understand the market prices for ancients yet, and are willing to spend far more than a seasoned collector in some cases because ancients seem like better value than similarly priced US coins. And of course there&#039;s bound to be some level of &quot;investment&quot; going on, however ill-advised that may be. I haven&#039;t seen nearly as much of the same behaviour in the more established Ancients-specific auctions where they sell only unslabbed coins. And, unless siginificantly more wealthy US collectors enter the hobby, I don&#039;t really see who these people are going to be able to resell to at those prices 10-20 years from now (I know I&#039;m never paying that much, I&#039;m sure many others here feel the same), but I suppose we&#039;ll have to wait and see.[/QUOTE]</p><p><br /></p>

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