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Four Reasons the Ancient Coin Market is Complicated
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<p>[QUOTE="Tejas, post: 7701673, member: 84905"]As an economist, I tend to think in terms of "utility" rather than monetary value. If I buy a coin that I really want and like I derive a constant stream of "utility". This "utility" will hopefully offsets any potential monetary loss that may result from the discovery of new hoards or changes in collectors' preferences. A "collector" who derives no "utility" from his collection is an investor and he better stays away from ancient coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Tejas, post: 7701673, member: 84905"]As an economist, I tend to think in terms of "utility" rather than monetary value. If I buy a coin that I really want and like I derive a constant stream of "utility". This "utility" will hopefully offsets any potential monetary loss that may result from the discovery of new hoards or changes in collectors' preferences. A "collector" who derives no "utility" from his collection is an investor and he better stays away from ancient coins.[/QUOTE]
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Four Reasons the Ancient Coin Market is Complicated
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