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What does "rare" mean, for an ancient coin?
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<p>[QUOTE="medoraman, post: 8538259, member: 26302"]In a lot of ways, "rare" for ancients should always be used in context, and understood in context. A Caligula, (as referenced by [USER=101855]@johnmilton[/USER] above), is only rare in context with other Roman emperors. I own a number of them, and they are usually one at least in every major auction, so as a coin type cannot be considered "rare" unless considered in context of other Roman emperors. Its a lot like US collectors consider a 1893 S silver dollar "rare". Its only rare in relation to other Morgans. </p><p><br /></p><p>Now, in context of a specific provincial coin, rare could mean its not been published really and there might be 15 around at most. "Unique" always bothers me, since there are massive amounts of ancients that have never been sold in photographed auctions, so I discount the idea highly. However, such a few number of coins in existence makes it truly rare, yet what is the demand? Where prices go through the roof is where these intercept, like a gold Eide Mar, which is truly rare, and demand being extremely high. That is how you get 7 figure ancients. Otherwise, you can own truly rare coins for not very much money, since almost no one collects to that level of detail, so demand also very "rare".[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 8538259, member: 26302"]In a lot of ways, "rare" for ancients should always be used in context, and understood in context. A Caligula, (as referenced by [USER=101855]@johnmilton[/USER] above), is only rare in context with other Roman emperors. I own a number of them, and they are usually one at least in every major auction, so as a coin type cannot be considered "rare" unless considered in context of other Roman emperors. Its a lot like US collectors consider a 1893 S silver dollar "rare". Its only rare in relation to other Morgans. Now, in context of a specific provincial coin, rare could mean its not been published really and there might be 15 around at most. "Unique" always bothers me, since there are massive amounts of ancients that have never been sold in photographed auctions, so I discount the idea highly. However, such a few number of coins in existence makes it truly rare, yet what is the demand? Where prices go through the roof is where these intercept, like a gold Eide Mar, which is truly rare, and demand being extremely high. That is how you get 7 figure ancients. Otherwise, you can own truly rare coins for not very much money, since almost no one collects to that level of detail, so demand also very "rare".[/QUOTE]
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