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<p>[QUOTE=&quot;Volodya, post: 2877543, member: 19615&quot;]This is far too broad a statement. It depends what segment of the market you&#039;re talking about. Yes, relatively few modestly priced ancient coins are sold via printed catalogues these days (though still more than you suggest.) Most truly choice and/or expensive coins however are sold either at public auction with printed catalogues or via private treaty; not too many are offered in strictly e-auctions. Yes, if you simply tally the absolute number of coins that change hands your claim is doubtless correct. If however you consider the total <b>expenditure </b>in US dollars or Swiss francs or euros or pounds--surely at least as valid a way to evaluate the market as a brute-force count of coins--the picture changes. I haven&#039;t attempted to run the numbers so I can&#039;t &quot;prove&quot; my claim, but I&#039;m confident that money is still being spent largely at public auction with printed catalogues. Not to belabor the obvious, but one $10,000 coin= one hundred $100 coins.</p><p><br /></p><p>Phil Davis[/QUOTE]</p><p><br /></p>

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