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<p>[QUOTE=&quot;robinjojo, post: 4803380, member: 110226&quot;]Nice coins!</p><p><br /></p><p>It looks as if there&#039;s coin-flipping going on with the three slabbed coins sold by HA.&nbsp; It seems that the new owners are taking offers at a set level or higher. </p><p><br /></p><p>I know that HA offers this option to lots that did not sell, but I did not know that this option was also available to successful bidders. </p><p><br /></p><p>Here in California there was a lot of house-flipping going on for the past decade or so.&nbsp; Housing prices, because of the shortage of units, went through the roof, literally and figuratively.&nbsp; The house-flippers certainly fueled that trend. </p><p><br /></p><p>So coin-flipping reduces ancients and other coins to commodities, traded much the way stocks, bonds and futures contracts are traded, with an eye to making a quick buck.&nbsp; </p><p><br /></p><p>Woe to the coin collectors, who must, as noted earlier, rely on dealers and certain auction sites for affordable coins, always in fear that the tsunami of investors flush with cash, many of whom cannot distinguish a follis from a denarius, may at any time descend on their last refuges and buy up anything that looks old, perhaps even some elderly collectors themselves, with the objective of making a quick kill in the market.[/QUOTE]</p><p><br /></p>

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