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<p>[QUOTE="Andrew McCabe, post: 3923713, member: 90666"]I have the impression that the same axiom applies to slabs of ancients as applies to the average cellar age of wine in a household cellar in the UK. The latter (median) is apparently 45 minutes, ie half of all bottles of wine are opened less than 45 minutes after purchase. My general observation on slabbed ancients is that much the same applies: firms such as Heritage buy mass volumes of raw ancients from Europe, slab them, sell them, and when I and othera buy them we crack open the slab faster than a bottle of cheap Plonque. Total time in slab is usually very small. Of course there's a small group of ancient collectors who collect slabbed coins and will eventually sell them. But they are a minority for now. I generally assume any slab ancient I handle was slabbed yesterday, and when I find data eg a prior auction, that generally supports my assumptions: prior sales tend always to be raw. There are exceptions but the 45 minutes cellar age rule seems to apply most of the time[/QUOTE]</p><p><br /></p>
[QUOTE="Andrew McCabe, post: 3923713, member: 90666"]I have the impression that the same axiom applies to slabs of ancients as applies to the average cellar age of wine in a household cellar in the UK. The latter (median) is apparently 45 minutes, ie half of all bottles of wine are opened less than 45 minutes after purchase. My general observation on slabbed ancients is that much the same applies: firms such as Heritage buy mass volumes of raw ancients from Europe, slab them, sell them, and when I and othera buy them we crack open the slab faster than a bottle of cheap Plonque. Total time in slab is usually very small. Of course there's a small group of ancient collectors who collect slabbed coins and will eventually sell them. But they are a minority for now. I generally assume any slab ancient I handle was slabbed yesterday, and when I find data eg a prior auction, that generally supports my assumptions: prior sales tend always to be raw. There are exceptions but the 45 minutes cellar age rule seems to apply most of the time[/QUOTE]
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