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<p>[QUOTE="IdesOfMarch01, post: 8320814, member: 39084"]My take on this podcast -- especially Berk's off-the-cuff comments about collectors -- is that he's a bit undefined about exactly what he means by "collector." It appears to me as if the collectors who engage him for expert advice on purchases seem to be in the category of "I like ancient coins, I want to collect them, and I don't have a particular theme or focus on which I'm concentrating. Eventually I'll probably sell my collection before I die, rather than passing it on."</p><p><br /></p><p>Assuming the accuracy of my observation -- yours may of course differ -- Berk wisely guides them to purchasing the best quality within their budget and not overpaying for any given coin. Part of that guidance involves Berk's judgment about whether the coin is likely to resell in the future for at least what the collector paid, or more hopefully for the collector, has increased in value. </p><p><br /></p><p>While his comments also include collectors who are not attentive to a coin's value and/or will likely hold onto their collections until they die, I don't think he's really asserting this as a category, but rather separating them from (generally) the collectors who seek his expertise on their purchases.</p><p><br /></p><p>I did note with interest two general comments he made early in the podcast about ancient coins:</p><p><br /></p><p>1. Don't get into ancient coins as a speculative investment -- you'll probably lose.</p><p><br /></p><p>2. Tooling of bronzes also includes removing metal from the fields surrounding letters and other devices in order to make those devices sharper, which is sometimes harder to detect.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 8320814, member: 39084"]My take on this podcast -- especially Berk's off-the-cuff comments about collectors -- is that he's a bit undefined about exactly what he means by "collector." It appears to me as if the collectors who engage him for expert advice on purchases seem to be in the category of "I like ancient coins, I want to collect them, and I don't have a particular theme or focus on which I'm concentrating. Eventually I'll probably sell my collection before I die, rather than passing it on." Assuming the accuracy of my observation -- yours may of course differ -- Berk wisely guides them to purchasing the best quality within their budget and not overpaying for any given coin. Part of that guidance involves Berk's judgment about whether the coin is likely to resell in the future for at least what the collector paid, or more hopefully for the collector, has increased in value. While his comments also include collectors who are not attentive to a coin's value and/or will likely hold onto their collections until they die, I don't think he's really asserting this as a category, but rather separating them from (generally) the collectors who seek his expertise on their purchases. I did note with interest two general comments he made early in the podcast about ancient coins: 1. Don't get into ancient coins as a speculative investment -- you'll probably lose. 2. Tooling of bronzes also includes removing metal from the fields surrounding letters and other devices in order to make those devices sharper, which is sometimes harder to detect.[/QUOTE]
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