Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
NGC population reports for graded coins
>
Reply to Thread
Message:
<p>[QUOTE="AncientJoe, post: 3183852, member: 44357"]Everyone in the auction room during this sale was aghast at the prices. There is clear bifurcation in the market: people who know what coins "should" cost and people who have untold amounts of money to burn and will pay whatever it takes to say "I own this" without knowing thousands of other near-identical examples exist.</p><p><br /></p><p>Paying whatever it takes is appropriate for some coins which represent truly unique opportunities but these are few and far between. Athens tetradrachms are most certainly <i>not </i>one of these opportunities.</p><p><br /></p><p>I really hope these buyers won't end up resenting the coins they've purchased and that they do end up developing a true interest in what they're buying, not just trying to upgrade coins in higher graded holders or squabbling about 4/5 vs 5/5. That's one of the facets of US collecting that drove me away and it would be a shame for it to ruin an otherwise wonderful hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="AncientJoe, post: 3183852, member: 44357"]Everyone in the auction room during this sale was aghast at the prices. There is clear bifurcation in the market: people who know what coins "should" cost and people who have untold amounts of money to burn and will pay whatever it takes to say "I own this" without knowing thousands of other near-identical examples exist. Paying whatever it takes is appropriate for some coins which represent truly unique opportunities but these are few and far between. Athens tetradrachms are most certainly [I]not [/I]one of these opportunities. I really hope these buyers won't end up resenting the coins they've purchased and that they do end up developing a true interest in what they're buying, not just trying to upgrade coins in higher graded holders or squabbling about 4/5 vs 5/5. That's one of the facets of US collecting that drove me away and it would be a shame for it to ruin an otherwise wonderful hobby.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
NGC population reports for graded coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...