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<p>[QUOTE=&quot;Blake Davis, post: 25557298, member: 91820&quot;]Ancient coins is a hobby where prices stay the same even as huge numbers of the collectibles enter the market every year. Although it was explained it amazes me that due to the numbers of coins entering the market that we never reach a saturation point where prices collapse as they did for comics and baseball cards. </p><p><br /></p><p>Actually I’m not sure that would be such a good thing i&nbsp; don’t collect for investment purposes but I still hope to at least get back what I paid for what I have.&nbsp; although I did have a very bad experience price wise on about a dozen recent consignments.&nbsp; Maybe prices are moderating?</p><p><br /></p><p>The internet has opened the hobby to collectors worldwide, and also the number of pieces are still quite rare. Although rarity is an odd concept in our hobby - let’s take the most common sestertius, which I believe iis Nero.&nbsp; Acsearch indicates that just over 10,000 (I have to confirm the exact number) asestertii of Nero sold by major auction houses since 1999.&nbsp; That an extremely small number - and it reflects different types and not that many are in the highest grades.&nbsp; But compared to US coins ancients are a great bargain.</p><p><br /></p><p>Of course because there are so many types rarity is an odd concept in ancient coins and is a distant second to grade. But high grade coins are also of course rare.</p><p><br /></p><p>Also dealers influencing price by withholding coins from market is well established in our hobby. If a hoard is discovered and a dealer has numerous examples of a rare type why would these be released all at once?&nbsp; </p><p><br /></p><p>We do get lower prices sometimes when a lot of coins come on the market all at once.&nbsp; Has anyone noticed the numerous examples of Cleopatra - THE cleopatra VII offered lately?&nbsp; I have and I have noticed the prices for her coins iare dropping. Also a year or so ago a large number of small electrum coins from Miletos and other places swept into the market - nice examples could be bought for under $200. Now of course the supply is down and the prices went back up.</p><p><br /></p><p>Blake[/QUOTE]</p><p><br /></p>

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