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Do the majority of LCS buy Ancient coins?
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<p>[QUOTE="johnmilton, post: 7611439, member: 101855"]My guess would be no, unless the prices are so incredibly low that the purchase would be, as my grandmother used to say, “a dead give-away.” Unlike American coins, there is no “Gray-sheet” for ancient coins. Most local coin store owners wouldn’t know a Caracalla from a Colegula. </p><p><br /></p><p>There also the counterfeit factor. I have heard dealers who specialized in U.S. coins tell me stories of how they got stuck with fake ancient coins. Even certification might not rest their concerns.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 7611439, member: 101855"]My guess would be no, unless the prices are so incredibly low that the purchase would be, as my grandmother used to say, “a dead give-away.” Unlike American coins, there is no “Gray-sheet” for ancient coins. Most local coin store owners wouldn’t know a Caracalla from a Colegula. There also the counterfeit factor. I have heard dealers who specialized in U.S. coins tell me stories of how they got stuck with fake ancient coins. Even certification might not rest their concerns.[/QUOTE]
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Do the majority of LCS buy Ancient coins?
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