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<p>[QUOTE="dougsmit, post: 2256026, member: 19463"]This is not a problem that comes up to modern collectors who can buy anything they can afford. Ancients are a bit different in that even a billionaire needs to decide whether he would rather have a coin in less than perfect condition or no coin at all. I suspect that well less than half of the ancient coin types exist in grades over VF and a significant number of the best known coins are what you would call 'damaged'. Where we differ is that you select coins based on what comes in high grade while others select coin types they want in the grade they are found. Either works. When someone asks what you collect you can say 'Roman Republican' or you can say 'Mint States'. I wonder what the market effect would be if there were one year of silver dollar or cent that did not exist above Fine and that 99% were only Good. Would it follow the stamp collector market willing to pay millions for their damaged penny magenta?[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2256026, member: 19463"]This is not a problem that comes up to modern collectors who can buy anything they can afford. Ancients are a bit different in that even a billionaire needs to decide whether he would rather have a coin in less than perfect condition or no coin at all. I suspect that well less than half of the ancient coin types exist in grades over VF and a significant number of the best known coins are what you would call 'damaged'. Where we differ is that you select coins based on what comes in high grade while others select coin types they want in the grade they are found. Either works. When someone asks what you collect you can say 'Roman Republican' or you can say 'Mint States'. I wonder what the market effect would be if there were one year of silver dollar or cent that did not exist above Fine and that 99% were only Good. Would it follow the stamp collector market willing to pay millions for their damaged penny magenta?[/QUOTE]
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