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The "Dark Side" of the Dark Side: unpublished coins of Asia Minor and Greece
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<p>[QUOTE="medoraman, post: 2907634, member: 26302"]Rare ancient coins are a weird breed. Like others have alluded to, the rarity actually makes them less collectible and desirable. There is a reason morgan silver dollars are worth so much, and that is because there are so many of them. It might sound like an oxymoron, but large quantities breed large number of collectors. I have a gold coin that the greatest dealer in the world of the series declares unique, and I think I paid $400 for it. Tiny populations breed tiny amount of collectors who care about the coin, if any at all. </p><p><br /></p><p>To me, I don't worry too much about the "rarity" of a coin. If you love it, feel free to buy it, but don't throw money at it only because of rarity. There is a good chance when you go to sell no one else may care about the rarity. Yes, you may have to wait for a long time to find another, and if that means something to you feel free to chase it, but that does not mean the coin is necessarily "worth" that.</p><p><br /></p><p>You what makes all of this conversation easy? Treat coin money as throw away money, never worrying about resale value. I waste money all of the time, considering the money simply consumed for my hobby. Then I don't worry about resale and simply toss money away for my coins. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2907634, member: 26302"]Rare ancient coins are a weird breed. Like others have alluded to, the rarity actually makes them less collectible and desirable. There is a reason morgan silver dollars are worth so much, and that is because there are so many of them. It might sound like an oxymoron, but large quantities breed large number of collectors. I have a gold coin that the greatest dealer in the world of the series declares unique, and I think I paid $400 for it. Tiny populations breed tiny amount of collectors who care about the coin, if any at all. To me, I don't worry too much about the "rarity" of a coin. If you love it, feel free to buy it, but don't throw money at it only because of rarity. There is a good chance when you go to sell no one else may care about the rarity. Yes, you may have to wait for a long time to find another, and if that means something to you feel free to chase it, but that does not mean the coin is necessarily "worth" that. You what makes all of this conversation easy? Treat coin money as throw away money, never worrying about resale value. I waste money all of the time, considering the money simply consumed for my hobby. Then I don't worry about resale and simply toss money away for my coins. :)[/QUOTE]
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The "Dark Side" of the Dark Side: unpublished coins of Asia Minor and Greece
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