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<p>[QUOTE="IdesOfMarch01, post: 1731042, member: 39084"]This observation is also true, to a great extent, for Vespasian's Judaea Capta coins, especially the sestertii. While these coins are not particularly common, they're not rare either. Because they're actively and aggressively sought by Jewish collectors, the law of supply and demand drives up the price, even for coins that normally wouldn't be avidly sought by collectors.</p><p><br /></p><p>Here's a good example: </p><p><br /></p><p>[ATTACH]270443.vB[/ATTACH]</p><p><br /></p><p>This coin is generally agreed to be heavily tooled -- my dealer and others are all of that opinion. Yet at an auction last year it sold for over $90,000 not including the 15% buyers fee! Had it not been tooled, it might have fetched $200K+ given the condition and sharpness of the devices and legends. But despite the heavy tooling, there were enough buyers to drive the price to a level that just doesn't make sense for a heavily tooled coin.</p><p><br /></p><p>Many of Tiberius' coins are, let's face it, pretty dull in style and execution. The "tribute penny" is no exception to this, but its place in history pretty much guarantees that the demand will always exceed the supply, with the predictable impact on the coin's price.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 1731042, member: 39084"]This observation is also true, to a great extent, for Vespasian's Judaea Capta coins, especially the sestertii. While these coins are not particularly common, they're not rare either. Because they're actively and aggressively sought by Jewish collectors, the law of supply and demand drives up the price, even for coins that normally wouldn't be avidly sought by collectors. Here's a good example: [ATTACH]270443.vB[/ATTACH] This coin is generally agreed to be heavily tooled -- my dealer and others are all of that opinion. Yet at an auction last year it sold for over $90,000 not including the 15% buyers fee! Had it not been tooled, it might have fetched $200K+ given the condition and sharpness of the devices and legends. But despite the heavy tooling, there were enough buyers to drive the price to a level that just doesn't make sense for a heavily tooled coin. Many of Tiberius' coins are, let's face it, pretty dull in style and execution. The "tribute penny" is no exception to this, but its place in history pretty much guarantees that the demand will always exceed the supply, with the predictable impact on the coin's price.[/QUOTE]
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