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Do you ever question relative values within your collection?
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<p>[QUOTE="mrbreeze, post: 4669882, member: 86726"]This started for me way back in my US collecting days. I would start to wonder if the overinflated values of certain US coins in relation to other US coins and some of my world coins was a good reason to not buy US coins. Well, having sold my US collection many years ago, I have never enjoyed collecting more. But, my old habits are still here. I’m still comparing different types of world/ancient coins and it affects my buying decisions. I’ll give 2 examples on both the high end and low end. A coin such as a late 1890s Ethiopian Birr in MS will probably be $1000. One could buy the Birr, but could also get a Julius Caesar denarius. Which has more value at $1000? Is it only dependent on the buyer’s personal opinion or should some degree of “universal value sustainability” be considered? Example 2 is more specific to me. I buy modern silver bullion coins (1-2 Ounces) from several mints each year for $25-$50. I enjoy the designs and they are “worth” a certain value to me. To me, they are a better value than, say, a VF 1800s French 5 francs that would cost a similar figure. So, my question is, do any of you think similarly when it comes to comparing coins with the same market value, but different “perceived value?“[/QUOTE]</p><p><br /></p>
[QUOTE="mrbreeze, post: 4669882, member: 86726"]This started for me way back in my US collecting days. I would start to wonder if the overinflated values of certain US coins in relation to other US coins and some of my world coins was a good reason to not buy US coins. Well, having sold my US collection many years ago, I have never enjoyed collecting more. But, my old habits are still here. I’m still comparing different types of world/ancient coins and it affects my buying decisions. I’ll give 2 examples on both the high end and low end. A coin such as a late 1890s Ethiopian Birr in MS will probably be $1000. One could buy the Birr, but could also get a Julius Caesar denarius. Which has more value at $1000? Is it only dependent on the buyer’s personal opinion or should some degree of “universal value sustainability” be considered? Example 2 is more specific to me. I buy modern silver bullion coins (1-2 Ounces) from several mints each year for $25-$50. I enjoy the designs and they are “worth” a certain value to me. To me, they are a better value than, say, a VF 1800s French 5 francs that would cost a similar figure. So, my question is, do any of you think similarly when it comes to comparing coins with the same market value, but different “perceived value?“[/QUOTE]
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