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<p>[QUOTE="Roman Collector, post: 8281279, member: 75937"]I have several factors when determining personal value. A big one is whether the item fits into one of my many subcollections, such as my Antonine women collection, my CONSTANTINOPOLIS/VRBS ROMA collection, my Trebonianus/Volusian collection, my Gallienus zoo collection, my Severan women collection, and so on. I have a good idea how often certain sought-after items for these collections appear and I put a lot of value on coins that I don't already have and which appear only infrequently on the market. Often, these are varieties of coins that I am seeking for the sake of "completeness" in a subcollection and they go unappreciated by other collectors. Because I "have to have it," I bid quite aggressively at auction for them -- often without regard to condition.</p><p><br /></p><p>For more general coins -- and I have never quite dropped the "magpie collector" attitude -- I may be attracted to a certain type because its reverse depicts something interesting from mythology or history. I like mythology on coins and will pay a premium for a coin depicting a scene from a known myth.</p><p><br /></p><p>Sometimes, I pick up coins simply because they were part of a group lot or otherwise a "good deal." I don't put much value on these because they are typically coins that are common and easily acquired at any time, so there's "no hurry" to buy them. I can take or leave them and they have to be pretty cheap to devote a part of my coin budget to them because the more I spend on common, less interesting coins, the less money will be available to buy coins on my want list.</p><p><br /></p><p>I NEVER am attracted to a coin simply because of grade/condition. In fact, I don't think its a good use of my money to buy a superb example of a particular Faustina I sestertius for $2000, when I could buy the same particular type in gF for $80 and have $1920 left over to buy more coins. Chances are high, anyway, that that "high grade" sestertius has been tooled and smoothed and repatinated. I don't seek out coins in slabs and I'm not impressed by EF or MS.</p><p><br /></p><p>This approach -- buying rare but low-demand coins in whatever condition I can find them and purposely avoiding high-grade but common coins means my collection will never have the resale value it would have had if my collecting philosophy were to only acquire a limited number of extremely high grade coins in high demand. But I have more fun with the hundreds of coins I do have than I ever would with a slabbed set of 12-Caesars denarii in chEF.[/QUOTE]</p><p><br /></p>
[QUOTE="Roman Collector, post: 8281279, member: 75937"]I have several factors when determining personal value. A big one is whether the item fits into one of my many subcollections, such as my Antonine women collection, my CONSTANTINOPOLIS/VRBS ROMA collection, my Trebonianus/Volusian collection, my Gallienus zoo collection, my Severan women collection, and so on. I have a good idea how often certain sought-after items for these collections appear and I put a lot of value on coins that I don't already have and which appear only infrequently on the market. Often, these are varieties of coins that I am seeking for the sake of "completeness" in a subcollection and they go unappreciated by other collectors. Because I "have to have it," I bid quite aggressively at auction for them -- often without regard to condition. For more general coins -- and I have never quite dropped the "magpie collector" attitude -- I may be attracted to a certain type because its reverse depicts something interesting from mythology or history. I like mythology on coins and will pay a premium for a coin depicting a scene from a known myth. Sometimes, I pick up coins simply because they were part of a group lot or otherwise a "good deal." I don't put much value on these because they are typically coins that are common and easily acquired at any time, so there's "no hurry" to buy them. I can take or leave them and they have to be pretty cheap to devote a part of my coin budget to them because the more I spend on common, less interesting coins, the less money will be available to buy coins on my want list. I NEVER am attracted to a coin simply because of grade/condition. In fact, I don't think its a good use of my money to buy a superb example of a particular Faustina I sestertius for $2000, when I could buy the same particular type in gF for $80 and have $1920 left over to buy more coins. Chances are high, anyway, that that "high grade" sestertius has been tooled and smoothed and repatinated. I don't seek out coins in slabs and I'm not impressed by EF or MS. This approach -- buying rare but low-demand coins in whatever condition I can find them and purposely avoiding high-grade but common coins means my collection will never have the resale value it would have had if my collecting philosophy were to only acquire a limited number of extremely high grade coins in high demand. But I have more fun with the hundreds of coins I do have than I ever would with a slabbed set of 12-Caesars denarii in chEF.[/QUOTE]
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