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This one didn't hold its value
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<p>[QUOTE="Al Kowsky, post: 4486930, member: 97383"]R.C., That is interesting analysis <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />. I think if most of us applied the same formula to coins we purchased 30 to 40 years ago we would be less than happy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />. I can remember buying quinarii of that quality in the 1970s for $10 or less. It is one level above "junk box" material. Many of the U.S. coins I was putting hard earned money into during the 1970s & 80s had investment returns far worse than that quinarius <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />! That is one reason I switched from buying modern coins to ancient coins. As Doug Smith pointed out, ancient coins offer much more than a measurable investment return that modern coins don't have. Aside from being rarer than modern coins, ancient coins have an alluring mystique that modern coins don't have. They have artistry & aesthetic qualities that only hand-craftsmanship can offer. I'm sure when the next coming recession knocks on our door we'll see falling prices in the ancient coin market, but that drop in value will be temporary & not as severe as U.S. & other modern coins <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />.[/QUOTE]</p><p><br /></p>
[QUOTE="Al Kowsky, post: 4486930, member: 97383"]R.C., That is interesting analysis :). I think if most of us applied the same formula to coins we purchased 30 to 40 years ago we would be less than happy :(. I can remember buying quinarii of that quality in the 1970s for $10 or less. It is one level above "junk box" material. Many of the U.S. coins I was putting hard earned money into during the 1970s & 80s had investment returns far worse than that quinarius :eek:! That is one reason I switched from buying modern coins to ancient coins. As Doug Smith pointed out, ancient coins offer much more than a measurable investment return that modern coins don't have. Aside from being rarer than modern coins, ancient coins have an alluring mystique that modern coins don't have. They have artistry & aesthetic qualities that only hand-craftsmanship can offer. I'm sure when the next coming recession knocks on our door we'll see falling prices in the ancient coin market, but that drop in value will be temporary & not as severe as U.S. & other modern coins :p.[/QUOTE]
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This one didn't hold its value
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