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<p>[QUOTE=&quot;TypeCoin971793, post: 4003868, member: 78244&quot;]I saw this coin and decided to follow it to see where it went as I could not afford to bid. It sold for $2500, which seemed quite reasonable.</p><p><br /></p><p>[ATTACH=full]1054137[/ATTACH]</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>For Chinese coins, the entirety of the market for high-end, rare, and/or large/impressive/beautifully-made coins has had an explosion of over 10-fold in the past 10-15 years. A coin extremely similar to one I bought for $800 hammered yesterday for $10000. One which sold for $975 in 2009 sold for $10000 as well. Some have exploded even more, particularly large XianFeng cash and old bullion ingots.</p><p><br /></p><p>This all has one cause: and explosion of Chinese businessmen/women who have found their way to wealth. They have entered the market and are driving costs up (increased demand). I can only pounce on the scrappings they miss. The super-common stuff has stayed the same (unless exceptional in some way) because there is plenty of it to go around.</p><p><br /></p><p>I cannot say the rest of the ancients market has had the same underlying dynamic, so it would surprise me if what you say is true.</p><p><br /></p><p><br /></p><p><br /></p><p>I think it is a very arguable assertion. Imagine how more consistent prices would be if they were graded, say MS-65 Pop 5/8 Finer and MS-68 Pop 1/0 Finer.[/QUOTE]</p><p><br /></p>

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