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<p>[QUOTE="Herodotus, post: 4961089, member: 111387"]My eyes may deceive me, but your link shows that the coin just sold for $350, not $300.</p><p><br /></p><p>The ancient coin market is fluid. Hammer prices have as much do to with who's bidding, and at what particular time, as much as anything else.</p><p><br /></p><p>As you've alluded to, one lot in one auction is not indicative of a larger trend, being that the sample size is obviously miniscule.</p><p><br /></p><p>For example, in the same recent CNG auction, this sestertius of Caligula commanded a hammer price of $1600.</p><p><br /></p><p><a href="https://auctions.cngcoins.com/lots/view/4-XV6X5/gaius-caligula-ad-37-41-sestertius-35mm-2542-g-6h-rome-mint-struck-ad-37-38" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://auctions.cngcoins.com/lots/view/4-XV6X5/gaius-caligula-ad-37-41-sestertius-35mm-2542-g-6h-rome-mint-struck-ad-37-38" rel="nofollow">https://auctions.cngcoins.com/lots/view/4-XV6X5/gaius-caligula-ad-37-41-sestertius-35mm-2542-g-6h-rome-mint-struck-ad-37-38</a></p><p><br /></p><p><img src="https://images4-cdn.auctionmobility.com/is3/auctionmobility-static4/SaNx-4-N10R//369_1.jpg?width=440&height=440&resizeinbox=true&backgroundcolor=FFFFFF" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><b>Gaius (Caligula). </b>AD 37-41. Æ Sestertius (35mm, 25.42 g, 6h). Rome mint. Struck AD 37-38. Laureate head left / S P Q R/ P • P/ OB CIVES/ SERVATOS in four lines within oak wreath. RIC I 37. Rough green patina. Near VF.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>The same coin hammered in 2018 for $700...</p><p><a href="https://cngcoins.com/Coin.aspx?CoinID=363541" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://cngcoins.com/Coin.aspx?CoinID=363541" rel="nofollow">https://cngcoins.com/Coin.aspx?CoinID=363541</a></p><p><br /></p><p>And previous to that in 2010 for $1700...</p><p><a href="https://cngcoins.com/Coin.aspx?CoinID=158846" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://cngcoins.com/Coin.aspx?CoinID=158846" rel="nofollow">https://cngcoins.com/Coin.aspx?CoinID=158846</a></p><p><br /></p><p>I'm not exactly sure what can be extrapolated from that.[/QUOTE]</p><p><br /></p>
[QUOTE="Herodotus, post: 4961089, member: 111387"]My eyes may deceive me, but your link shows that the coin just sold for $350, not $300. The ancient coin market is fluid. Hammer prices have as much do to with who's bidding, and at what particular time, as much as anything else. As you've alluded to, one lot in one auction is not indicative of a larger trend, being that the sample size is obviously miniscule. For example, in the same recent CNG auction, this sestertius of Caligula commanded a hammer price of $1600. [URL]https://auctions.cngcoins.com/lots/view/4-XV6X5/gaius-caligula-ad-37-41-sestertius-35mm-2542-g-6h-rome-mint-struck-ad-37-38[/URL] [IMG]https://images4-cdn.auctionmobility.com/is3/auctionmobility-static4/SaNx-4-N10R//369_1.jpg?width=440&height=440&resizeinbox=true&backgroundcolor=FFFFFF[/IMG] [B]Gaius (Caligula). [/B]AD 37-41. Æ Sestertius (35mm, 25.42 g, 6h). Rome mint. Struck AD 37-38. Laureate head left / S P Q R/ P • P/ OB CIVES/ SERVATOS in four lines within oak wreath. RIC I 37. Rough green patina. Near VF. The same coin hammered in 2018 for $700... [URL]https://cngcoins.com/Coin.aspx?CoinID=363541[/URL] And previous to that in 2010 for $1700... [URL]https://cngcoins.com/Coin.aspx?CoinID=158846[/URL] I'm not exactly sure what can be extrapolated from that.[/QUOTE]
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