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Do you own coins which were rare when you bought them, but no longer due to NEW HOARDS ?
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<p>[QUOTE="medoraman, post: 6525423, member: 26302"]Pretty much it. Massive collections in museums, but not for sale. If they went to liquidate the BM section of ANY coin type it would affect the market.</p><p><br /></p><p>Its really hoard dispersal that we talk about when we talk about hoards, its just coin collector shortcut language. The fact they found 200,000 BU Roman coins in Spain does not affect the market. Yes its a hoard, but no one trying to sell them. Once they started trying to sell the group, THAT would be a "hoard" we would talk about, an abnormal quantity of coins hitting the market. The act of dispersal of a group of coins is what most collectors are referring to when talking about hoards.</p><p><br /></p><p>I knew a dealer who loved hoarding 1877 cents. He took great pleasure bragging about how many collectors couldn't finish their cents due to him, (yeah, he was a jerk). Not sure how many he ever got, but every show he checked all dealers and bought any he found. He showed me a few rolls one time of g-vg 1877s. However, even though they were a hoard, collectors didn't talk about them because they were off the market. At some point, though, they would be dispersed, THEN people would talk about that hoard.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 6525423, member: 26302"]Pretty much it. Massive collections in museums, but not for sale. If they went to liquidate the BM section of ANY coin type it would affect the market. Its really hoard dispersal that we talk about when we talk about hoards, its just coin collector shortcut language. The fact they found 200,000 BU Roman coins in Spain does not affect the market. Yes its a hoard, but no one trying to sell them. Once they started trying to sell the group, THAT would be a "hoard" we would talk about, an abnormal quantity of coins hitting the market. The act of dispersal of a group of coins is what most collectors are referring to when talking about hoards. I knew a dealer who loved hoarding 1877 cents. He took great pleasure bragging about how many collectors couldn't finish their cents due to him, (yeah, he was a jerk). Not sure how many he ever got, but every show he checked all dealers and bought any he found. He showed me a few rolls one time of g-vg 1877s. However, even though they were a hoard, collectors didn't talk about them because they were off the market. At some point, though, they would be dispersed, THEN people would talk about that hoard.[/QUOTE]
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Do you own coins which were rare when you bought them, but no longer due to NEW HOARDS ?
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