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<p>[QUOTE=&quot;acsearch.info, post: 8295382, member: 105839&quot;]That&#039;s a very good point. To my understanding overpaying is if you pay more than the current market value and you have to expect to make a loss if you sell again just a few moments later. This is, however, only true if the market value reflects all the available information (this is said to be the case with stocks) and buying/selling comes at a cost.</p><p><br /></p><p>But what is the market value of an ancient coin? It&#039;s hardly possible to determine &quot;the&quot; value (or even a useful range) for some/many/most (?) ancient coins as you have pointed out, [USER=39084]@IdesOfMarch01[/USER].</p><p><br /></p><p>That&#039;s where the personal value comes into play. Do you have any &quot;insider&quot; information (e.g. a lost provenance or knowledge about a small detail that makes the coin a great rarity)? Do you have some kind of personal relation to the coin that makes it more valuable to you? Do you even care about market value and overpaying or do you just &quot;need to have&quot; that one coin and you don&#039;t have to worry about the kind of money it takes, as has been pointed out by [USER=19463]@dougsmit[/USER]?</p><p><br /></p><p>For me personally there are both coins that</p><p>a) I&#039;ll take if I have the feeling I can make a good deal and</p><p>b) I will gladly overpay since I have been looking for that d*** coin for many years and I just need to have it, *my precious*. That&#039;s when things are getting not only irrational but insane.[/QUOTE]</p><p><br /></p>

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