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<p>[QUOTE=&quot;kirispupis, post: 7968660, member: 118780&quot;]First, while I believe money laundering <i>does</i> happen with coins (there was a discussion about a specific auction some time ago), I don&#039;t believe this is the case for Leu. They just attract a richer crowd - as do the other Swiss auction houses.</p><p><br /></p><p>IMHO perhaps the biggest long-term impact of the pandemic will be the tremendous wealth redistribution that happened as a result of it. While the poor took a big hit, those who were wealthy became far more so. The wealthy aren&#039;t to blame for this. They just knew a red carpet when they saw one.</p><p><br /></p><p>That being said, while ancient coin prices have definitely risen, I&#039;m personally not discouraged. Yes, occasionally a coin I&#039;m after goes sky high in an auction, but it&#039;s usually of the type where I&#039;m confident another will come by. Several coins recently that I&#039;ve been tracking (couldn&#039;t bid due to lack of funds) went for very reasonable prices.</p><p><br /></p><p>If you&#039;re after only the best condition coins, then you&#039;re kind of screwed in today&#039;s market. Those typically (but not always) receive very strong bids. I suspect it&#039;s because those coins are perceived to be the best investments. But for many other coins it seems that prices are still fair.[/QUOTE]</p><p><br /></p>

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