Message:

<p>[QUOTE=&quot;Marc Aceton, post: 2003976, member: 72101&quot;]Dear Jeff,</p><p><br /></p><p>Of course, due to the financial crisis, the money in circulation increased dramatically and the prices for immovable properties in Germany rose markedly but I am still waiting for the big inflation - there&#039;s life in the old dog yet.</p><p><br /></p><p>I want to give a good example that depicts that one can should regard ancient coins&#039; prices as &quot;white noise&quot; that is heavily depending on the advertising for a specific coin. This Nerva sestertius, whose condition I believe to be honest and nice but not perfect, was sold at Spink 2006 for 5875 USD + fee.</p><p><br /></p><p><a href="http://www.acsearch.info/search.html?id=325032" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.acsearch.info/search.html?id=325032" rel="nofollow">http://www.acsearch.info/search.html?id=325032</a></p><p><br /></p><p>The coin remained for a couple of years in the stock of a Vcoins dealer. As far as I remember, his price request was more than 10&#039;000 USD. Eventually, eight years later in January this year, the identical coin was offered as an &quot;also ran&quot; lot at Heritage and sold at 425 USD (sic!) + fee.</p><p><br /></p><p><a href="http://www.acsearch.info/search.html?id=1914461" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.acsearch.info/search.html?id=1914461" rel="nofollow">http://www.acsearch.info/search.html?id=1914461</a></p><p><br /></p><p>Well, the funny thing about that is that even though one is comparing the price development of one and the same coin, one is comparing her actually apples with pears. One always has to consider under what circumstances a coin is marketed since this might be the decisive factor. </p><p><br /></p><p>Regarding this extreme negative example, one might be tempted to claim that ancient coins are unsuitable as investment because the price actually fetched is too much dependent on the promotion. </p><p><br /></p><p>Greetings,</p><p><br /></p><p>Marc[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in