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<p>[QUOTE="kirispupis, post: 7847854, member: 118780"]My suspicion is this isn't really an age thing. In the case of Heritage, they have a more international reach than most of the other auction sites. For example, they regularly host auctions from Hong Kong. I would expect that to bring them more buyers from China, and in my experience they tend to be less price conscious.</p><p><br /></p><p>From what I can see at non-Heritage auctions, prices for the "well-known" coins like a Caesar elephant denarius are strong, but those for more niche coins are flatter. I expect the specialist who really knows his coins to continue to find bargains.</p><p><br /></p><p>The other thing I've been wondering about is the total population of ancient coin collectors. I read somewhere that the estimate of worldwide ancient coin collectors is somewhere between 50k to 100k. Therefore, if only a few thousand more collectors join worldwide, that will cause demand and therefore prices to jump. It would be interesting to see statistics on the total number of bidders at various popular auctions over the last few years to confirm/deny whether that's the case.[/QUOTE]</p><p><br /></p>
[QUOTE="kirispupis, post: 7847854, member: 118780"]My suspicion is this isn't really an age thing. In the case of Heritage, they have a more international reach than most of the other auction sites. For example, they regularly host auctions from Hong Kong. I would expect that to bring them more buyers from China, and in my experience they tend to be less price conscious. From what I can see at non-Heritage auctions, prices for the "well-known" coins like a Caesar elephant denarius are strong, but those for more niche coins are flatter. I expect the specialist who really knows his coins to continue to find bargains. The other thing I've been wondering about is the total population of ancient coin collectors. I read somewhere that the estimate of worldwide ancient coin collectors is somewhere between 50k to 100k. Therefore, if only a few thousand more collectors join worldwide, that will cause demand and therefore prices to jump. It would be interesting to see statistics on the total number of bidders at various popular auctions over the last few years to confirm/deny whether that's the case.[/QUOTE]
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