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<p>[QUOTE="World Colonial, post: 2415586, member: 78153"]My suspicion is that these third parties you reference are exaggerating their claims and maybe substantially.</p><p><br /></p><p>On the rest of your post, you should also be aware that all collectors and most dealers are specialists to one degree or another because no one can know a lot (much less everything) about all coins. Some dealers will buy most anything if they think they can make a profit but hedge their bets by paying low prices where they don't know much about the coin.</p><p><br /></p><p>The other thing you should know is that many collectors have (hugely) inflated opinions of both the financial and perceived numismatic merits of the coins they like. I have seen this many times on other coin forums and have contradicted these claims on many occasions. For example, South African collectors definitely have this opinion of better grade Union and ZAR and the evident reason they do is because "investment" seems to be a lot more important to a disproportionate number or percentage of buyers for the mid and higher priced coins.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2415586, member: 78153"]My suspicion is that these third parties you reference are exaggerating their claims and maybe substantially. On the rest of your post, you should also be aware that all collectors and most dealers are specialists to one degree or another because no one can know a lot (much less everything) about all coins. Some dealers will buy most anything if they think they can make a profit but hedge their bets by paying low prices where they don't know much about the coin. The other thing you should know is that many collectors have (hugely) inflated opinions of both the financial and perceived numismatic merits of the coins they like. I have seen this many times on other coin forums and have contradicted these claims on many occasions. For example, South African collectors definitely have this opinion of better grade Union and ZAR and the evident reason they do is because "investment" seems to be a lot more important to a disproportionate number or percentage of buyers for the mid and higher priced coins.[/QUOTE]
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