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<p>[QUOTE="IMP Shogun, post: 7302314, member: 114683"]I was thinking that it was Hong Kong ex-pats. When I saw it in Baktrian coins I realized that’s closer to China than any Mediterranean country, not that geography should equate to interest anyhow. Investing in physical items like artwork may also be a way around the capital controls for taking money out of China.</p><p><br /></p><p>More the merrier, I wanted to buy one coin and it went 4x over the worthless estimate and I exited the auction in disgust with myself thinking I had a shot at 2 or 3x estimate. Now we can read how hot the market is because the auction came so much higher than estimated...</p><p><br /></p><p>I actually enjoyed the <a href="http://numismatics.org/witschonke/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://numismatics.org/witschonke/" rel="nofollow">ANA seminar on pre-Roman provincial coins</a> more than I did watching any part of that auction.</p><p><br /></p><p>So my advice to the OP would be to spend time learning about coins and buying some to play with and analyze, than participate in an auction of that type today particularly if they are new to the field.[/QUOTE]</p><p><br /></p>
[QUOTE="IMP Shogun, post: 7302314, member: 114683"]I was thinking that it was Hong Kong ex-pats. When I saw it in Baktrian coins I realized that’s closer to China than any Mediterranean country, not that geography should equate to interest anyhow. Investing in physical items like artwork may also be a way around the capital controls for taking money out of China. More the merrier, I wanted to buy one coin and it went 4x over the worthless estimate and I exited the auction in disgust with myself thinking I had a shot at 2 or 3x estimate. Now we can read how hot the market is because the auction came so much higher than estimated... I actually enjoyed the [URL='http://numismatics.org/witschonke/']ANA seminar on pre-Roman provincial coins[/URL] more than I did watching any part of that auction. So my advice to the OP would be to spend time learning about coins and buying some to play with and analyze, than participate in an auction of that type today particularly if they are new to the field.[/QUOTE]
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