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<p>[QUOTE=&quot;John Anthony, post: 2052984, member: 42773&quot;]Sorry about that, but it doesn&#039;t have to be. A great many things that are important in the collection of modern coins just don&#039;t apply to ancients. It&#039;s a completely different ballgame which can be appreciated for what it is.</p><p><br /></p><p>When it comes to numbers, we focus on recorded examples, that is, individual coins of a particular type that are documented in numismatic analyses and auction catalogs. Any rare coin can become common overnight with the discovery of a new hoard, in which case the original mintage numbers, if you knew them, would be meaningless.</p><p><br /></p><p>For instance, suppose a rare type had 100 recorded examples. Then suppose a hoard uncovered 20,000 new examples. The coin would go from being rare to scarce, and the value would drop (assuming the newly-found coins were put on the market - sometimes they get stashed away in museum closets). Whether the original mintage was fifty-thousand or a million wouldn&#039;t matter one bit. Everything exists in the here-and-now.[/QUOTE]</p><p><br /></p>

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