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<p>[QUOTE="IdesOfMarch01, post: 2878656, member: 39084"]Question: When you're browsing ancient coins online, or looking through a printed catalog, or at a coin show looking through a dealer's stock, what's the first thing you look at? </p><p><br /></p><p>Of course, the coin itself. What's on the obverse? Is it of the type I collect or would like to collect? What does the reverse look like? You're examining all aspects of the coin itself.</p><p><br /></p><p>Now, what's the second thing you look at? Most likely, the written description (if there is one) that describes the coin. Maybe you've overlooked some aspect of the coin that's included in its description. Does it correlate with what I know about these coins? Is there information that's missing, etc.</p><p><br /></p><p>So, at best, the third thing you look at is the coin's price. If you're interested in the coin, you want to know the asking price. If not interested, you may be curious about the price but it doesn't really matter since, well, you're not interested in it.</p><p><br /></p><p><br /></p><p>I wonder... have you ever really bought a coin about which you don't care, solely for investment purposes -- i.e., because it will keep escalating in price? If so how many? </p><p><br /></p><p>My impression from those who post on this site is that they buy coins that interest them and they think they'll enjoy owning. This does <i>not</i> conflict with the advice to "buy the best quality coin you can afford within your budget" because you'll probably be happier with it. Price is a consideration only to the extent that the coin you want is within your budget. </p><p><br /></p><p>For example, if you want a Sikyon Chimaera stater that has the lion's serpent tail completely shown on the obverse, you'll pay a premium. If you're not going to enjoy this coin without the serpent tail completely shown, then you shouldn't buy it. Does this mean it's a better investment than such coins that are less complete? Of course, but so what? Does this mean you'll enjoy the coin more because it cost more? Of course not -- it cost more because of its condition and lower availability; you'll enjoy it more because completeness matters to you.</p><p><br /></p><p>From my perspective, the issues continually raised about expensive vs. less expensive coins, investment quality vs. non-investment quality, are pretty much irrelevant and even a bit forced, at least as it applies to the types of collectors who post here. While I personally might have some disdain for collectors solely interested in ancient coins as an investment, I really don't see those collectors here.</p><p><br /></p><p>If other collectors enjoy seeing ancient coins in the $10K+ category (in this thread), then I'm all for continuing it. If not, this thread will fade out and not be useful as a reference or simply for enjoyment in the future. But let's get past the seemingly endless back-and-forth intimations that collectors who buy and post such coins on this site are "really" just investors and not genuine collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 2878656, member: 39084"]Question: When you're browsing ancient coins online, or looking through a printed catalog, or at a coin show looking through a dealer's stock, what's the first thing you look at? Of course, the coin itself. What's on the obverse? Is it of the type I collect or would like to collect? What does the reverse look like? You're examining all aspects of the coin itself. Now, what's the second thing you look at? Most likely, the written description (if there is one) that describes the coin. Maybe you've overlooked some aspect of the coin that's included in its description. Does it correlate with what I know about these coins? Is there information that's missing, etc. So, at best, the third thing you look at is the coin's price. If you're interested in the coin, you want to know the asking price. If not interested, you may be curious about the price but it doesn't really matter since, well, you're not interested in it. I wonder... have you ever really bought a coin about which you don't care, solely for investment purposes -- i.e., because it will keep escalating in price? If so how many? My impression from those who post on this site is that they buy coins that interest them and they think they'll enjoy owning. This does [I]not[/I] conflict with the advice to "buy the best quality coin you can afford within your budget" because you'll probably be happier with it. Price is a consideration only to the extent that the coin you want is within your budget. For example, if you want a Sikyon Chimaera stater that has the lion's serpent tail completely shown on the obverse, you'll pay a premium. If you're not going to enjoy this coin without the serpent tail completely shown, then you shouldn't buy it. Does this mean it's a better investment than such coins that are less complete? Of course, but so what? Does this mean you'll enjoy the coin more because it cost more? Of course not -- it cost more because of its condition and lower availability; you'll enjoy it more because completeness matters to you. From my perspective, the issues continually raised about expensive vs. less expensive coins, investment quality vs. non-investment quality, are pretty much irrelevant and even a bit forced, at least as it applies to the types of collectors who post here. While I personally might have some disdain for collectors solely interested in ancient coins as an investment, I really don't see those collectors here. If other collectors enjoy seeing ancient coins in the $10K+ category (in this thread), then I'm all for continuing it. If not, this thread will fade out and not be useful as a reference or simply for enjoyment in the future. But let's get past the seemingly endless back-and-forth intimations that collectors who buy and post such coins on this site are "really" just investors and not genuine collectors.[/QUOTE]
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