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<p>[QUOTE="dougsmit, post: 1788119, member: 19463"]Rarity means nothing. Demand is what drives prices. An interesting type in fine style with perfect striking and preservation will appeal to many collectors even if there are dozens of the same type available in slightly less good style, slightly less good striking and some wear or corrosion. A boring type will appeal to fewer people just as a few drop off because of things like edge splits. In many cases the rarest coins go for less because few people know they exist and even fewer care. I have a several coins that are much more rare than the popular EID MAR denarius of Brutus but all together they are not worth 1/100 of the realization of the average, not the exceptional, Brutus. </p><p> </p><p>The thing I have learned after a few (50) years is that you need to buy what you want and what you like when you can. If what makes a difference to you is condition and you are open to any coin in magnificent condition, you will act differently than if you are trying to get that 100th coin that fills the set you have been working on for decades. </p><p> </p><p>No book can cover all the variables that contribute to prices. The worst variable seems to be whim since sellers are sometimes mystified by one coin bringing ten times estimate and another failing to draw a single bid. Buy what appeals to you.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1788119, member: 19463"]Rarity means nothing. Demand is what drives prices. An interesting type in fine style with perfect striking and preservation will appeal to many collectors even if there are dozens of the same type available in slightly less good style, slightly less good striking and some wear or corrosion. A boring type will appeal to fewer people just as a few drop off because of things like edge splits. In many cases the rarest coins go for less because few people know they exist and even fewer care. I have a several coins that are much more rare than the popular EID MAR denarius of Brutus but all together they are not worth 1/100 of the realization of the average, not the exceptional, Brutus. The thing I have learned after a few (50) years is that you need to buy what you want and what you like when you can. If what makes a difference to you is condition and you are open to any coin in magnificent condition, you will act differently than if you are trying to get that 100th coin that fills the set you have been working on for decades. No book can cover all the variables that contribute to prices. The worst variable seems to be whim since sellers are sometimes mystified by one coin bringing ten times estimate and another failing to draw a single bid. Buy what appeals to you.[/QUOTE]
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