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<p>[QUOTE=&quot;sand, post: 7757166, member: 118540&quot;]1. In the past 2 years, I&#039;ve noticed, that the price of low end ancient coins, and the price of medium priced ancient coins, the two types of coins that I collect, seem to have increased a lot. I&#039;m not sure how much exactly. Maybe 20% to 50%. Especially for auctions.</p><p>2. I&#039;ve heard, that coin collecting has become more popular, because of the pandemic. People were stuck in their houses, looking for things to do.</p><p>3. If I remember correctly, when I talked with a CNG employee in March, she said, that a lot of people in China were winning CNG auctions. I didn&#039;t ask, if they were buying ancients, or moderns, or what. If more Chinese citizens are buying ancients, and if that is a relatively new phenomenon, then that could be contributing, to the increase in the price of ancient coins. I don&#039;t know, if more Chinese citizens are investing in ancient coins, or collecting ancient coins, or both. This may be happening in other countries as well. More people living in cities. More people with disposable incomes. A general increase in the average person&#039;s standard of living, perhaps. And the world population continues to increase, while the number of authentic ancient coins can never increase (except for found hoards, which is significant. And the number of fakes, especially convincing fakes, can increase). Related to what [USER=20480]@ToughCOINS[/USER] said.</p><p>4. I&#039;m guessing that, now that people can buy ancient coins on the internet, that has led to more people collecting ancients. I started collecting ancients in 2018, because of the internet. Before that, I mostly collected US coins, because I live in the US, and it&#039;s easy to buy US coins at coin stores and coin shows. Of course, collecting coins may have suffered, because of the invention of video games. But internet buying and selling may have offset that, or more. Of course, the internet buying and selling has been around a long time. But maybe internet buying and selling is still picking up steam. Also, the first generation of persons, who started to use the internet a lot, are now older and more established in their careers, or maybe even retiring, and therefore have more money and time, to spend, on ancient coins. Also, many persons in that generation, collected coins when they were children, because there were no video games, when they were children.</p><p>5. Stimmy!</p><p>6. Number 5 explanation : Pandemic stimulus checks, and other types of pandemic related government stimulus, causing inflation, related to what [USER=94957]@QuintupleSovereign[/USER] said. Perhaps this is contributing to rising ancient coin prices.</p><p>7. Perhaps the pandemic, has made it more difficult, for persons to search for hoards of ancient coins, and to sell their found hoards to dealers. I don&#039;t know. I&#039;m not very familiar, with how dealers acquire the ancient coins, that they sell. Do many of them travel, to various countries, to acquire ancient coins? Traveling has greatly decreased, because of the pandemic. In other words, I wonder, if the supply of ancient coins for sale, has been affected by the pandemic.[/QUOTE]</p><p><br /></p>

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