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<p>[QUOTE="gsimonel, post: 3702180, member: 82549"]Another thread about the potential investment value of ancient coins got me thinking. Rather than hijack that thread, I thought I'd start a new one.</p><p><br /></p><p>There are some exceptions, but the general consensus seems to be that ancient coins are not a good investment but a great hobby, and one that you could eventually recoup much, but likely not all, of what you spent on it should you decide to sell some day.</p><p><br /></p><p>This has always been my assumption, too. Over the past 20 years or so, I've spent thousands of dollars putting together my collection, and I figure that when I retire I should be able to get of lot of that money back by selling it off. I collect mostly mid-grade Imperial bronzes, rarely spending more that $100 on a coin--there have been a few exceptions--with most of my purchases in the $20-50 range.</p><p><br /></p><p>My concern is fakes. For the most part, they haven't been a major problem for me because of the price range of the coins I collect. But recently we have seem some pretty good fakes of coins that would typically sell for $30-50, including some emperor-on-galley FEL TEMPS that, I think, came from China. (<a href="https://www.silverdoctors.com/silver/silver-news/a-look-inside-a-chinese-silver-coin-counterfeiting-ring/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.silverdoctors.com/silver/silver-news/a-look-inside-a-chinese-silver-coin-counterfeiting-ring/" rel="nofollow">https://www.silverdoctors.com/silver/silver-news/a-look-inside-a-chinese-silver-coin-counterfeiting-ring/</a>) This has been discussed before in this forum.</p><p><br /></p><p>So here's my question: Do you think it is possible for the ancient coin market to get so flooded with high-quality, low-cost fake coins that nobody can feel confident of the legitimacy of any ancient coins and, consequently, everyone just gives up on them and the market crashes, rendering our collections more or less worthless? How vulnerable are we?[/QUOTE]</p><p><br /></p>
[QUOTE="gsimonel, post: 3702180, member: 82549"]Another thread about the potential investment value of ancient coins got me thinking. Rather than hijack that thread, I thought I'd start a new one. There are some exceptions, but the general consensus seems to be that ancient coins are not a good investment but a great hobby, and one that you could eventually recoup much, but likely not all, of what you spent on it should you decide to sell some day. This has always been my assumption, too. Over the past 20 years or so, I've spent thousands of dollars putting together my collection, and I figure that when I retire I should be able to get of lot of that money back by selling it off. I collect mostly mid-grade Imperial bronzes, rarely spending more that $100 on a coin--there have been a few exceptions--with most of my purchases in the $20-50 range. My concern is fakes. For the most part, they haven't been a major problem for me because of the price range of the coins I collect. But recently we have seem some pretty good fakes of coins that would typically sell for $30-50, including some emperor-on-galley FEL TEMPS that, I think, came from China. ([URL]https://www.silverdoctors.com/silver/silver-news/a-look-inside-a-chinese-silver-coin-counterfeiting-ring/[/URL]) This has been discussed before in this forum. So here's my question: Do you think it is possible for the ancient coin market to get so flooded with high-quality, low-cost fake coins that nobody can feel confident of the legitimacy of any ancient coins and, consequently, everyone just gives up on them and the market crashes, rendering our collections more or less worthless? How vulnerable are we?[/QUOTE]
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