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Is the market for Indian Head cents going up or down?
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<p>[QUOTE="medoraman, post: 7490950, member: 26302"]Could it be as simple as a collection hit the market, and the heirs want to sell them now to get it over with? In the ancient auction world we EXPECT variability like this. In fact, we think its kind of weird if small amounts of lots of coins appear in an auction. </p><p><br /></p><p>The reason it happens with ancients is two fold. One, hoards are found, and most of the time they are very similar coins. If they buried 82 silver coins in modern day Syria around 220 AD they are most likely Antioch tets. So, the auction will have lots of these one time, and almost none the next. The second reason is collections. Someone passes away and his/her heirs want to sell. most people are not like me and collect certain areas. Well, the auction will have lots from that area, and not as much from other areas.</p><p><br /></p><p>This is what makes collecting ancients addicting. You always need to pay attention, or else coins you have been looking for will get sold without you knowing. I looked for 12 years for a silver coin with Christopher on it, (from Constantine VII). In those 12 years I now know at least 4 sold when I wasn't paying attention. Makes it both addicting and maddening.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 7490950, member: 26302"]Could it be as simple as a collection hit the market, and the heirs want to sell them now to get it over with? In the ancient auction world we EXPECT variability like this. In fact, we think its kind of weird if small amounts of lots of coins appear in an auction. The reason it happens with ancients is two fold. One, hoards are found, and most of the time they are very similar coins. If they buried 82 silver coins in modern day Syria around 220 AD they are most likely Antioch tets. So, the auction will have lots of these one time, and almost none the next. The second reason is collections. Someone passes away and his/her heirs want to sell. most people are not like me and collect certain areas. Well, the auction will have lots from that area, and not as much from other areas. This is what makes collecting ancients addicting. You always need to pay attention, or else coins you have been looking for will get sold without you knowing. I looked for 12 years for a silver coin with Christopher on it, (from Constantine VII). In those 12 years I now know at least 4 sold when I wasn't paying attention. Makes it both addicting and maddening.[/QUOTE]
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Is the market for Indian Head cents going up or down?
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