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<p>[QUOTE="dougsmit, post: 2757415, member: 19463"]While I agree with most of Valentinian's comments, there are a few other things that have changed. Today, it is much easier to find really low end, ordinary coins than it was when I started. Even at a show, there are coins that my younger self would not have been offered because there were plenty of better ones available to fill demand from beginners like me. Then, you might have found a bulk lot of junk but not as many individual coins with no mintmarks or otherwise undesirable. I bought fine denarii for a few dollars but they were legible and better looking than some of the things being sold online for several times the price. I believe part of this is from a change in finds from metal detectors which are generally not as protected as things found in pots but much of it is the exposure of so many more people to the hobby and many of them believing that a 2000 year old coin should look that way. </p><p><br /></p><p>Yes, the value of 'collector grade' coins may not have increased as much as inflation but it seems there are many more low end coins being offered now than we saw back in 'the day'. They are not being offered at cheap prices necessarily. Will they be worth anything at all in another generation? I'm not talking about the difference between fine and very fine but the difference between barely identifiable and somewhat attractive. The price to buy has gone up but that does not mean that the buy-back value has.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2757415, member: 19463"]While I agree with most of Valentinian's comments, there are a few other things that have changed. Today, it is much easier to find really low end, ordinary coins than it was when I started. Even at a show, there are coins that my younger self would not have been offered because there were plenty of better ones available to fill demand from beginners like me. Then, you might have found a bulk lot of junk but not as many individual coins with no mintmarks or otherwise undesirable. I bought fine denarii for a few dollars but they were legible and better looking than some of the things being sold online for several times the price. I believe part of this is from a change in finds from metal detectors which are generally not as protected as things found in pots but much of it is the exposure of so many more people to the hobby and many of them believing that a 2000 year old coin should look that way. Yes, the value of 'collector grade' coins may not have increased as much as inflation but it seems there are many more low end coins being offered now than we saw back in 'the day'. They are not being offered at cheap prices necessarily. Will they be worth anything at all in another generation? I'm not talking about the difference between fine and very fine but the difference between barely identifiable and somewhat attractive. The price to buy has gone up but that does not mean that the buy-back value has.[/QUOTE]
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