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How come this coin sold for so much?
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<p>[QUOTE="Herodotus, post: 6541066, member: 111387"]No doubt. Heh.</p><p><br /></p><p>I feel the same about Heritage Auctions at times too.</p><p><br /></p><p>I am utterly amazed at some of the hammer prices in recent months.</p><p><br /></p><p>I’ve only been involved in the hobby for a little over a year, and I’ve noticed what seems to be an insanely sharp increase in demand and/or prices paid for ancient coins over that short time.</p><p><br /></p><p>A 2X to 3X increase in some cases.</p><p><br /></p><p>It’s made it sort of difficult to want to compete for coins @ auction, knowing how much they were going for when I first started up.</p><p><br /></p><p>It’s kind of a bummer in some ways, because I’ve got a few targets that may have only cost a few hundred(for the condition I’m desiring)...Now they’re commanding closer to a G.</p><p><br /></p><p>Perhaps I need to sell some coins @current market rates to be able to justify buying more coins @current market rates.[/QUOTE]</p><p><br /></p>
[QUOTE="Herodotus, post: 6541066, member: 111387"]No doubt. Heh. I feel the same about Heritage Auctions at times too. I am utterly amazed at some of the hammer prices in recent months. I’ve only been involved in the hobby for a little over a year, and I’ve noticed what seems to be an insanely sharp increase in demand and/or prices paid for ancient coins over that short time. A 2X to 3X increase in some cases. It’s made it sort of difficult to want to compete for coins @ auction, knowing how much they were going for when I first started up. It’s kind of a bummer in some ways, because I’ve got a few targets that may have only cost a few hundred(for the condition I’m desiring)...Now they’re commanding closer to a G. Perhaps I need to sell some coins @current market rates to be able to justify buying more coins @current market rates.[/QUOTE]
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