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Got skunked Triton XXII!
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<p>[QUOTE="Suarez, post: 4002902, member: 99239"]That's not a ridiculous increase in price but in supply. The price is stable, supply has increased and demand has kept pace. On the surface. In reality what you're seeing is that in the pre-2000 era there were fewer auctions because the internet hadn't yet given us electronic auctions so the pool of aurei sold in the market (as with every other coin) went mostly via private sale which is not trackable. That and the fact that I only have access to a portion of the printed catalogs from this time period. It's a worthless data point except to judge the strength of the average number. More auctions from more sources equal a higher confidence in the reported average sale price.</p><p><br /></p><p>Also, I don't know for sure whether that pool of coins has expanded or stayed more or less constant. I don't have data for that. The market is fed by coins being recycled from the community as well as new finds. A portion is "lost" to permanent acquisitions so it's a moving target that changes constantly.</p><p><br /></p><p>Rasiel[/QUOTE]</p><p><br /></p>
[QUOTE="Suarez, post: 4002902, member: 99239"]That's not a ridiculous increase in price but in supply. The price is stable, supply has increased and demand has kept pace. On the surface. In reality what you're seeing is that in the pre-2000 era there were fewer auctions because the internet hadn't yet given us electronic auctions so the pool of aurei sold in the market (as with every other coin) went mostly via private sale which is not trackable. That and the fact that I only have access to a portion of the printed catalogs from this time period. It's a worthless data point except to judge the strength of the average number. More auctions from more sources equal a higher confidence in the reported average sale price. Also, I don't know for sure whether that pool of coins has expanded or stayed more or less constant. I don't have data for that. The market is fed by coins being recycled from the community as well as new finds. A portion is "lost" to permanent acquisitions so it's a moving target that changes constantly. Rasiel[/QUOTE]
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Got skunked Triton XXII!
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