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<p>[QUOTE="tmoneyeagles, post: 892001, member: 17557"]In talking with my good friend Ardatirion, we came to talking about challenges and difficulties of collecting coins.</p><p>The challenges in collecting Ancient coins and United States coins.</p><p><br /></p><p>Now, most people would write off United States coins right away, and say that Ancients are so hard to collect, and there are too many years, and too many things to know. While this is true there is another aspect to collecting that people often leave out. Supply and demand.</p><p><br /></p><p>With Ancient coins, there is little demand, disbursed between the amount of collectors that collect Ancient coins. The prices are lower, there is not enough demand for the coins, and there are quite a bit of the same coin to go around, but only a hand full of nice ones. "Nice" in this case, is a grade, words are used to describe Ancient coins. </p><p>Ardatirion's grading system goes as follows:</p><p><br /></p><p>Bad</p><p>Good</p><p>Nice</p><p>Perfect</p><p><br /></p><p>While there might be more good nice ones to go around, the perfect ones are still out there, and not at that much of a higher cost, most of the time.</p><p><br /></p><p>With U.S. coins you have grading companies, they grade the coin for you, and you look up the grade with some kind of resource that tells you fair market value, and wholesale value, and you decide what price you want to pay. (Heritage, Numismedia. etc.)</p><p><br /></p><p>Also with U.S. coins you have different dates, varieties of those dates, and mint marks, varieties of those mint marks, and different "errors" in the coins, that are highly collectible and very expensive. You have key dates as well, and there is a lot of demand for those key dates, due to the amount of collectors, thus raising the price through the roof. </p><p><br /></p><p>While with Ancient coins, you have key dates, that are less expensive, due to there being less collectors, but you have to have knowledge behind the collecting to be able to buy the right coin (appearance, authenticity), at the right price. There are also different varieties to some degree, but I wouldn't imagine there being more, than what there are of U.S. coinage.</p><p><br /></p><p>So with this being said, which do you think is harder to collect, United States or Ancient Coinage?</p><p>If you have another point not mentioned please do point it out, I'd like to hear all opinions on the subject.[/QUOTE]</p><p><br /></p>
[QUOTE="tmoneyeagles, post: 892001, member: 17557"]In talking with my good friend Ardatirion, we came to talking about challenges and difficulties of collecting coins. The challenges in collecting Ancient coins and United States coins. Now, most people would write off United States coins right away, and say that Ancients are so hard to collect, and there are too many years, and too many things to know. While this is true there is another aspect to collecting that people often leave out. Supply and demand. With Ancient coins, there is little demand, disbursed between the amount of collectors that collect Ancient coins. The prices are lower, there is not enough demand for the coins, and there are quite a bit of the same coin to go around, but only a hand full of nice ones. "Nice" in this case, is a grade, words are used to describe Ancient coins. Ardatirion's grading system goes as follows: Bad Good Nice Perfect While there might be more good nice ones to go around, the perfect ones are still out there, and not at that much of a higher cost, most of the time. With U.S. coins you have grading companies, they grade the coin for you, and you look up the grade with some kind of resource that tells you fair market value, and wholesale value, and you decide what price you want to pay. (Heritage, Numismedia. etc.) Also with U.S. coins you have different dates, varieties of those dates, and mint marks, varieties of those mint marks, and different "errors" in the coins, that are highly collectible and very expensive. You have key dates as well, and there is a lot of demand for those key dates, due to the amount of collectors, thus raising the price through the roof. While with Ancient coins, you have key dates, that are less expensive, due to there being less collectors, but you have to have knowledge behind the collecting to be able to buy the right coin (appearance, authenticity), at the right price. There are also different varieties to some degree, but I wouldn't imagine there being more, than what there are of U.S. coinage. So with this being said, which do you think is harder to collect, United States or Ancient Coinage? If you have another point not mentioned please do point it out, I'd like to hear all opinions on the subject.[/QUOTE]
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