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<p>[QUOTE=&quot;Drusus, post: 661482, member: 6370&quot;]Its just not that simple IMO. popularity is a part of it of course, rarity is even bigger. An Aureus of Hadrian isn&#039;t popular, lots of people aren&#039;t clamoring to get one...but good examples sell for 15,000 USD. Now if you had it slabbed and graded...that price will go up (in some peoples mind) hundreds if not possibly thousands more!! This holds true even more with modern coins. Even with notgeld which are often very cheap...rare examples can sell for thousands.</p><p>&nbsp;</p><p>Price is not simply dictated by demand. Now when you see a modern US penny selling for hundreds of dollars, slabbed with an high MS grade...a person can justify bumping the price way up and people buy into this so it works...that&#039;s a whole different deal and artificial high prices are justified for all the usual reason...but a superb Ancient Roman aureus will ALWAYS be very expensive...regardless of high or low demand...The high level of artistry, the history, ancient gold...these are all reasons why even if there are only 100 ancient collectors...that Aureus will still be very expensive.</p><p>&nbsp;</p><p>All the same, even with prices rising, I believe pricing for ancients make a HELL of a lot more sense than pricing for US and Russian coins. If its common and in bad shape...its cheap. If its common and in good shape...it a bit more. If its rare and in bad shape...its even more...if its rare and in good shape...its going to be expensive....simple. No need to nitpick over MS-64 pricing as opposed to MS-65 pricing...this is what drives coin pricing in some markets.</p><p>&nbsp;</p><p>I think the REAL question is why a penny, slabbed and graded...with mintage in the millions...would ever be worth more than a Roman As, Sestertius, or Denarius....certainly the higher demand plays into it but I think it goes beyond demand. Like someone mentioned...50 cents worth of pennies being minted this year...in the millions, which I find in circulation in FDC condition would ever sell for 25 USD a roll...brand new pennies selling for 50 cents a pop!![/QUOTE]</p><p><br /></p>

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