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<p>[QUOTE=&quot;Conder101, post: 171303, member: 66&quot;]The very simple answer is:&nbsp; Because collectors of ancients are so scarce.&nbsp; Maybe one percent of all the collectors in the US collect ancients (and that may be on the high side).&nbsp; There are probably between one and two million collectors in the US (The mints figure of 125 million is way out there in La La Land.)&nbsp; So there are between ten and twenty thousand collectors of ancients.&nbsp; A hoard of a thousand or two coins gets dug up, that is one for every ten collectors.&nbsp; But all collectors don&#039;t collect the same thing so the if you just consider the number who actually want that item, the supply drops down pretty close to the one to one ratio.&nbsp; There is one available for every single collector who wants one.&nbsp; When that happens the collector is in no big hurry to buy one because they are ALWAYS available and you can be picky about the one you buy,&nbsp; That means dealers can&#039;t sell them easily and so they are discounted until the do find a market.&nbsp; So the typical ancient coin is cheap.[/QUOTE]</p><p><br /></p>

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