Message:

<p>[QUOTE=&quot;Curtis, post: 24830383, member: 26430&quot;]Actually, I often think ancient coin prices are <i><b>too low</b>!</i></p><p><br /></p><p>For one thing, they tend not to factor in a lot of &quot;externalities&quot; (mostly having to do with the costs/benefits of preserving the data/information and the objects themselves in some form for as much of humanity &amp; future generations as possible).</p><p><br /></p><p>For another, I don&#039;t think there&#039;s one correct price for a coin. I think the same coin can reasonably be worth a different amount to different collectors (and a different price under different commercial circumstances).</p><p><br /></p><p><i><b>Am I the only one who has this experience</b></i>:</p><p><br /></p><p>I buy a coin and think to myself, &quot;Thank goodness it wasn&#039;t cheaper!&quot; (I genuinely feel this way almost every time I buy a fixed price coin.)</p><p><br /></p><p>Recently a certain major American opened the unsold coins from their latest Buy-Bid Sale for purchase at the reserve price. There were several coins I wanted, but wasn&#039;t willing to pay the &quot;Buy Now&quot; price. I could only afford to buy 1, so instead of bidding, I waited to see which went unsold.</p><p><br /></p><p>Thankfully, the coin I wanted most became available at a very acceptable price:</p><p>[ATTACH=full]1590028[/ATTACH]</p><p><br /></p><p>If it had been priced any lower, someone else would&#039;ve bought it (or at least been willing to bid above the reserve).</p><p><br /></p><p>And then it would&#039;ve gone to someone else -- quite possibly someone who didn&#039;t recognize that it was actually a very rare variant (the BALINEUM, a bath building): <a href="https://rpc.ashmus.ox.ac.uk/search/browse?q=trajan+bath+building" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://rpc.ashmus.ox.ac.uk/search/browse?q=trajan+bath+building" rel="nofollow">https://rpc.ashmus.ox.ac.uk/search/browse?q=trajan+bath+building</a></p><p><br /></p><p>... or who didn&#039;t care that it was also (unmentioned) from the Wetterstrom and Garrett collections and published in RPC and Kampmann &amp; Ganschow.</p><p><br /></p><p>Honestly, I still think I got it too cheap (someone who &quot;needed&quot; it for a collection of architectural types might value it much higher, since there are only a couple coins illustrating this particular building outside museums).</p><p><br /></p><p>I&#039;ve also seen a lot of coins sold before I could get to them and thought, &quot;<i>Dammit, I wish that had been more expensive so it wouldn&#039;t have been bought before I had a chance to get at it!!</i>&quot;[/QUOTE]</p><p><br /></p>

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