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<p>[QUOTE=&quot;sand, post: 8001665, member: 118540&quot;]Hello [USER=72751]@coin_analyst[/USER]</p><p>Welcome to the world of ancient coins.</p><p><br /></p><p>This is an interesting statement. However, let me quote it again, in the context of the entire sentence.</p><p><br /></p><p>Looking at the entire sentence, it seems that you have multiple goals :</p><p>1. Enjoy collecting ancient coins.</p><p>2. Enjoy talking with other ancient coin collectors.</p><p>3. Learn more about either ancient coins or ancient history.</p><p>4. Maybe, someday, sell your ancient coin collection, if you decide that you want the money to buy other things, or if you need the money to survive, or if you are on your death bed and want to give money to your friends or family, or if you want to make a profit.</p><p>Goals 1 through 3 are easy.</p><p>Goal 4 is easy (except for the profit), as long as your coins are authentic, and as long as the government doesn&#039;t someday make it illegal to sell ancient coins. I sure hope that doesn&#039;t happen. The US government has already put some restrictions, on importing some types of ancient coins into the USA, depending on where the coins were minted. I won&#039;t talk any more about that, because that is a huge (ball of wax, hornet&#039;s nest, rabbit hole, etc).</p><p>For the profit aspect of goal 4, whether you will make a profit, is not known. None of us, seem to be able to predict, whether the prices of ancient coins, will continue to increase faster than inflation.</p><p>In the last 2 years, prices of ancient coins, seem to have increased a lot, much faster than inflation, at least for the most in-demand and best-condition coins, partly because of the NGC slabbing phenomenon which makes it less risky for less knowledgeable collectors to buy ancient coins, and partly because of the pandemic, and partly because of the increasing number of persons in the world who are in the middle class and can afford to collect ancient coins, and partly because of the rise of the internet which makes it easier to learn about ancient coins.</p><p>It seems to me, that, usually, you have to hold onto ancient coins, for a number of years, in order to make a profit, when you sell the ancient coins.</p><p>A dealer wants to make a profit. Therefore, a dealer will buy an ancient coin from a collector at one price, and then sell the ancient coin to a different collector at a higher price. Therefore, it is difficult, as a collector, to make a profit, unless you hold onto a coin for many years, or unless you are a very knowledgeable dealer.</p><p>Even if you happen to make a &quot;profit&quot;, by selling a coin, at a higher price, than when you bought the coin, you may still have a loss, because of inflation. However, if the value of your ancient coins at least keeps up with inflation, then an ancient coin collection could be a good store of value, like buying gold, or like buying the S&amp;P 500.</p><p>A lot of it depends, on whether the demand for ancient coins increases, or decreases. If the demand increases, then ancient coin prices will rise faster than inflation. If the demand decreases, then ancient coin prices will not keep up with inflation, and the prices may even drop.</p><p>I remember when stamp collecting was a big hobby, as big as coin collecting. No one predicted, that the prices of stamps would ever drop. But I&#039;ve been told, that the prices of stamps have dropped considerably, in the past 40 years, because the use of postage stamps has decreased considerably, and perhaps because of the rise of other forms of entertainment such as video games.</p><p>When I buy an ancient coin, I keep the invoice, and I keep screen captures of the transaction, including screen captures of the coin, in order to prove, where I bought the coin. If the dealer offers a certificate of authenticity, and if the dealer has a good reputation, then that is always good. If you buy a coin from a reputable dealer or reputable auction house, then this increases the value of the coin, when you try to sell the coin, because it decreases the risk of the coin being fake.</p><p>Note that I have never sold an ancient coin. So I&#039;m no expert in the selling of ancient coins.[/QUOTE]</p><p><br /></p>

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