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<p>[QUOTE=&quot;Terence Cheesman, post: 8180042, member: 86498&quot;]I too collect for the fun of it and don&#039;t get me wrong during the last Triton Auction I was responsible for my share of some of the insane bids in that auction. Some of the Jay Galst coins got to where they ultimately hammered for because I was the underbidder. OOpps I did lose on 5 so I can be just as nuts as the next guy. However in the same auction I di purchase two coins which if their previous history is any indication, really did poorly. The first is this coin[ATTACH=full]1429995[/ATTACH]Plotina Denarius RIC 730 I paid $4000 US plus the juice In 2011 this coin sold for 6000 Euro&nbsp; and I assume plus the juice.</p><p>Then we come to this guy. [ATTACH=full]1429999[/ATTACH]Severus Alexander Sestertius RIC 563 Paid $700 plus the juice. A ticket from Freeman &amp; Sear A firm which shut its doors sometime around 8 years ago was selling this coin at $695. I am assuming that this ticket was produced around the year 2000. As similar though in some ways slightly better coin sold at almost $1400 US plus only a few months before.</p><p>So what am I saying? Well simply put not all coins are achieving really stupid prices. True in some areas high end Greek, Roman Republican, Roman gold, the prices can be very strong. Invariably there are the &#039;flyers&quot; coins that get prices that defy all reason. However this is nothing new. I remember a big spike in prices sometime around 1973 and another one about 4 years later. I also remember a collapse of prices back in the late 1990&#039;s when eBay hit the internet. In the past when confronted with a sudden spike in prices, I usually was able to find an area in my collection that was by in large unaffected and concentrated on buying coins there. Thus some years after I started collecting coins of the Roman Republic I noticed that the basic price of a Republican denarius had doubled. I stopped buying and started looking at Greek coins. That is until they started to jump. Then it was Roman Imperial and Colonial and eventually back to Republican. I always tried to stay away from the current fad. Mind you it is tougher to do now a days.[/QUOTE]</p><p><br /></p>

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