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<p>[QUOTE="RaceBannon, post: 2015275, member: 25357"]Supply and demand are what drive the price for any item. That being said, I'm still trying to figure out what drives the prices for certain ancient coins through the roof. For US coins, it's the convergence of a popular series(demand) with limited examples especially in higher grades (supply). So I can tell that an 1893 S Morgan dollar in AU 58 is going to go for mad money.</p><p><br /></p><p>I'm still trying to learn what elements create the same market conditions for ancient coins. What drives the price for ancient coins like the examples I've listed below through the roof? What makes these particular specimens so popular?</p><p><br /></p><p>Obviously, it goes back to supply and demand, why do these examples sell for many times more than a nice Julius Caesar portrait denarius? How realistic are the prices for these coins? Has the seller overpriced these two or does he stand a good chance of getting close to the BIN price he's asking?</p><p><br /></p><p><a href="http://www.ebay.com/itm/MITHRADATES-VI-Gold-Stater-84-BC-Splendid-Hellenistic-portrait-NGC-AU-/221422080290?pt=LH_DefaultDomain_0&hash=item338dc8d122" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ebay.com/itm/MITHRADATES-VI-Gold-Stater-84-BC-Splendid-Hellenistic-portrait-NGC-AU-/221422080290?pt=LH_DefaultDomain_0&hash=item338dc8d122" rel="nofollow">http://www.ebay.com/itm/MITHRADATES-VI-Gold-Stater-84-BC-Splendid-Hellenistic-portrait-NGC-AU-/221422080290?pt=LH_DefaultDomain_0&hash=item338dc8d122</a></p><p><br /></p><p><a href="http://www.ebay.com/itm/SICILY-Siculo-Punic-320-BC-Silver-Tetradrachm-Tanit-Persephone-Horse-Awesome-/381019751846?pt=LH_DefaultDomain_0&hash=item58b68c05a6" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ebay.com/itm/SICILY-Siculo-Punic-320-BC-Silver-Tetradrachm-Tanit-Persephone-Horse-Awesome-/381019751846?pt=LH_DefaultDomain_0&hash=item58b68c05a6" rel="nofollow">http://www.ebay.com/itm/SICILY-Siculo-Punic-320-BC-Silver-Tetradrachm-Tanit-Persephone-Horse-Awesome-/381019751846?pt=LH_DefaultDomain_0&hash=item58b68c05a6</a></p><p><br /></p><p>[ATTACH=full]363686[/ATTACH] [ATTACH=full]363687[/ATTACH] [ATTACH=full]363688[/ATTACH] [ATTACH=full]363689[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 2015275, member: 25357"]Supply and demand are what drive the price for any item. That being said, I'm still trying to figure out what drives the prices for certain ancient coins through the roof. For US coins, it's the convergence of a popular series(demand) with limited examples especially in higher grades (supply). So I can tell that an 1893 S Morgan dollar in AU 58 is going to go for mad money. I'm still trying to learn what elements create the same market conditions for ancient coins. What drives the price for ancient coins like the examples I've listed below through the roof? What makes these particular specimens so popular? Obviously, it goes back to supply and demand, why do these examples sell for many times more than a nice Julius Caesar portrait denarius? How realistic are the prices for these coins? Has the seller overpriced these two or does he stand a good chance of getting close to the BIN price he's asking? [url]http://www.ebay.com/itm/MITHRADATES-VI-Gold-Stater-84-BC-Splendid-Hellenistic-portrait-NGC-AU-/221422080290?pt=LH_DefaultDomain_0&hash=item338dc8d122[/url] [url]http://www.ebay.com/itm/SICILY-Siculo-Punic-320-BC-Silver-Tetradrachm-Tanit-Persephone-Horse-Awesome-/381019751846?pt=LH_DefaultDomain_0&hash=item58b68c05a6[/url] [ATTACH=full]363686[/ATTACH] [ATTACH=full]363687[/ATTACH] [ATTACH=full]363688[/ATTACH] [ATTACH=full]363689[/ATTACH][/QUOTE]
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