Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Thoughts about value
>
Reply to Thread
Message:
<p>[QUOTE="Roman Collector, post: 3080445, member: 75937"]I think value has more to do with demand than supply, when it comes to ancient coins. There are coins that are not rare by any means, but are in high demand and are therefore expensive. For example, on any given day, I could buy half a dozen denarii of Julius Caesar, Caligula or Otho. But demand for these is high and keeps the price elevated.</p><p><br /></p><p>On the other hand, we all have coins where finding even another example online in an auction archive or database is a hopeless undertaking, yet the cost is low because there are few collectors of Faustina Junior who must have a particular reverse type of dupondius or who are in search of all three varieties of Nerva denarii with the IVSTITIA AVGVST reverse type.</p><p><br /></p><p>And when you're in possession of a minor design variety, such as a variation in a bust type on an antoninianus of Gallienus or a denarius of Julia Domna where Vesta appears without a scepter or Juno doesn't have a peacock at her feet, there is usually little premium for having such an item--even if some catalog somewhere claims it's rare--because it's even more rare to find a buyer who cares enough to pay a premium for such things. Auctioneers point this stuff out (see the listings at Harlan Berk or CNG), and I enjoy owning such items, but I don't have any hope that I could sell the items for a premium when it comes time to dispose of my collection.</p><p><br /></p><p>So, as to this coin, I don't know what it's worth, but I suspect far, far less than its rarity would suggest. I don't have any interest in paying much more than the usual price for it.</p><p><br /></p><p>But you, of course, know all this.[/QUOTE]</p><p><br /></p>
[QUOTE="Roman Collector, post: 3080445, member: 75937"]I think value has more to do with demand than supply, when it comes to ancient coins. There are coins that are not rare by any means, but are in high demand and are therefore expensive. For example, on any given day, I could buy half a dozen denarii of Julius Caesar, Caligula or Otho. But demand for these is high and keeps the price elevated. On the other hand, we all have coins where finding even another example online in an auction archive or database is a hopeless undertaking, yet the cost is low because there are few collectors of Faustina Junior who must have a particular reverse type of dupondius or who are in search of all three varieties of Nerva denarii with the IVSTITIA AVGVST reverse type. And when you're in possession of a minor design variety, such as a variation in a bust type on an antoninianus of Gallienus or a denarius of Julia Domna where Vesta appears without a scepter or Juno doesn't have a peacock at her feet, there is usually little premium for having such an item--even if some catalog somewhere claims it's rare--because it's even more rare to find a buyer who cares enough to pay a premium for such things. Auctioneers point this stuff out (see the listings at Harlan Berk or CNG), and I enjoy owning such items, but I don't have any hope that I could sell the items for a premium when it comes time to dispose of my collection. So, as to this coin, I don't know what it's worth, but I suspect far, far less than its rarity would suggest. I don't have any interest in paying much more than the usual price for it. But you, of course, know all this.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Thoughts about value
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...