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<p>[QUOTE=&quot;Trebellianus, post: 3183787, member: 91569&quot;]This is definitely something that worries me — I mean, ancient coins probably <i>are</i> undervalued, no? I assume we all had a similar reaction, at the time we started collecting, of how cheap the entry-level items seemed: bemusement that one can pick up an antoninianus in respectable condition for thirty or forty bucks or so. It just feels slightly unnatural that something so old could be so inexpensive. Obviously with more experience comes the knowledge that the quality material isn&#039;t nearly so cheap; and the price and commonness of low-end stuff makes a lot more sense once you appreciate just how many of these things the Romans were turning out every day.</p><p><br /></p><p>But nobody is going to have a good idea how much an ancient coin &quot;should&quot; cost before they get into the hobby and start gaining this kind of understanding. If the price of a beat-up Gordian III rose to ten times as much as it currently is, I suspect the attitude of the prospective new collector would be something like &quot;well, this seems about right, these things are super old after all&quot; — that&#039;s in no way an irrational or illogical line of thinking if you have no experience to set it off against. </p><p><br /></p><p>Then combine that with the apparently inexhaustible amount of people who&#039;re content to let slabs do the thinking for them — there&#039;ll be big profits to be made selling graded Severus Alexander denarii in the future, I&#039;m very sure. Regrettable but probably unavoidable.[/QUOTE]</p><p><br /></p>

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