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Questioning the Price of Ancient Coins
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<p>[QUOTE="Duke Kavanaugh, post: 2879384, member: 20544"]Nothing is that simple in a bubble.</p><p><br /></p><p>It's a curve based on Supply and Demand.</p><p><br /></p><p>Supply = How many are around now. Older usually means less around but not always. As is Ancients have so many more years then US coins and so many more countries to add to the pool</p><p><br /></p><p>Demand = How many want it. Ancients have a lot less people collecting them in the US and you can't really "make a set" or "fill a dansco"</p><p><br /></p><p>So somewhere in that curve is your price.</p><p>This same thing is true with everything if not artificially manipulated or changed by the powers that be.</p><p><br /></p><p>Example: Are older cars worth more?</p><p><br /></p><p>1. Corvette in great shape and older</p><p><br /></p><p>Yes - meets Supply and Demand both</p><p><br /></p><p>2. Corvette rusted bucket with no salvage parts.</p><p><br /></p><p>No, demand would be low</p><p><br /></p><p>3. Ford Fusion rusted out and wrecked.</p><p><br /></p><p>No - no demand</p><p><br /></p><p>4. Ford Fusion zero miles that was Jay Leno's first car.</p><p><br /></p><p>Yes - supply is 1 and demand is good.[/QUOTE]</p><p><br /></p>
[QUOTE="Duke Kavanaugh, post: 2879384, member: 20544"]Nothing is that simple in a bubble. It's a curve based on Supply and Demand. Supply = How many are around now. Older usually means less around but not always. As is Ancients have so many more years then US coins and so many more countries to add to the pool Demand = How many want it. Ancients have a lot less people collecting them in the US and you can't really "make a set" or "fill a dansco" So somewhere in that curve is your price. This same thing is true with everything if not artificially manipulated or changed by the powers that be. Example: Are older cars worth more? 1. Corvette in great shape and older Yes - meets Supply and Demand both 2. Corvette rusted bucket with no salvage parts. No, demand would be low 3. Ford Fusion rusted out and wrecked. No - no demand 4. Ford Fusion zero miles that was Jay Leno's first car. Yes - supply is 1 and demand is good.[/QUOTE]
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