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<p>[QUOTE=&quot;Blake Davis, post: 8490975, member: 91820&quot;]I lost a hundred dollars on a Faustina Sr. sestertius consignment consignment in a Leu sale - the&nbsp; photograph wasn&#039;t that great which is why I think I lost - and that is VERY unlike them since their photographs are uniformly stellar.&nbsp; As does happen I wish I had not sold it at any price.</p><p><br /></p><p>One thing I do not understand is this: unlike many hobbies, where there are a fixed number of objects&nbsp; - the number of ancient coins increases all the time.&nbsp; Not simply those coins in auctions that are sold without pedigree, but the thousands of coins sold in large lots that are a part of every major auction. </p><p><br /></p><p>I have written before asking where the tens of thousands of coins that I used to see in the early 2000&#039;s at the New York Show, for example, went.&nbsp; For those who weren&#039;t there you used to see bags and bags of coins from recent hoards, plus huge pick through trays. Also there were ebay dealers like Ancient Auction House, which stopped selling shortly after its 20,000th positive, were among the Bulgarian sellers who sold beautiful and not so beautiful denarii and other coins in auctions, not one price sales. </p><p><br /></p><p>All those coins year after year and continuing to today - after all that, prices should come down since the market should be filled to the brim with coins, but it is not so - prices, especially for good coins are still IMHO unreasonably high.&nbsp; </p><p><br /></p><p>I suspect that many of the coins that were sold are sitting in drawers somewhere, collecting dust after uncle Joe passed on - or perhaps in dealers inventory, but it has to be one huge amount of inventory.&nbsp; At one time a dealer had mentioned being fairly often offered collections - is that still happening today?&nbsp; </p><p><br /></p><p>I have been looking at the ancient coin market since I started collecting 1999, and I know less about how it works now than I did then![/QUOTE]</p><p><br /></p>

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