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<p>[QUOTE="dougsmit, post: 2797058, member: 19463"]My experience has been that<i> collectors</i> come in all variations but do not usually care all that much about price premiums since they are after what they are after and not trying to make a buck. I have known collectors who only have coins of one city. They know that some are 'better' style but they have to collect the lesser ones as well to represent the period of lower grade workmanship that their target city experienced. A fine example of this is the silver of Syracuse. Over the span of time, they made many really lousy coins and many great beauties. </p><p><br /></p><p>I see no blanket statement that covers '<i>collectors</i>'. Investors and dealers (including dealer wannabes) fit Theodosius' observations better because their interest is not in coins but in resale potential. The difference I see is not what the person buys but why they buy it. An exception might be made for collector/students who write a book and then dump the collection like a hot potato. It is always possible for one person to play in more than one game or change status in time but persons who pay what must be paid to buy what 'must' be had for whatever reason do not fit cookie cutter descriptions. I am aware of more than one buyer who has already arranged for the accumulation to be given to a museum and who only buys what that institution 'needs'. Like those who have no intention of being alive to see their catalog, prices realized is not a prime factor for them. </p><p><br /></p><p>I most certainly agree that rarity has no bearing on price. If it did, something like EID MAR denarii would cost less than a thousand boring and cheap coin types. Demand is everything. A unique coin is only of value if there are two people who care not including the person who now owns the thing. One hard thing about being a specialist collector of of something really unusual is knowing that no one even wants to see your rarities, let alone desire to own them.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2797058, member: 19463"]My experience has been that[I] collectors[/I] come in all variations but do not usually care all that much about price premiums since they are after what they are after and not trying to make a buck. I have known collectors who only have coins of one city. They know that some are 'better' style but they have to collect the lesser ones as well to represent the period of lower grade workmanship that their target city experienced. A fine example of this is the silver of Syracuse. Over the span of time, they made many really lousy coins and many great beauties. I see no blanket statement that covers '[I]collectors[/I]'. Investors and dealers (including dealer wannabes) fit Theodosius' observations better because their interest is not in coins but in resale potential. The difference I see is not what the person buys but why they buy it. An exception might be made for collector/students who write a book and then dump the collection like a hot potato. It is always possible for one person to play in more than one game or change status in time but persons who pay what must be paid to buy what 'must' be had for whatever reason do not fit cookie cutter descriptions. I am aware of more than one buyer who has already arranged for the accumulation to be given to a museum and who only buys what that institution 'needs'. Like those who have no intention of being alive to see their catalog, prices realized is not a prime factor for them. I most certainly agree that rarity has no bearing on price. If it did, something like EID MAR denarii would cost less than a thousand boring and cheap coin types. Demand is everything. A unique coin is only of value if there are two people who care not including the person who now owns the thing. One hard thing about being a specialist collector of of something really unusual is knowing that no one even wants to see your rarities, let alone desire to own them.[/QUOTE]
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