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<p>[QUOTE="ambr0zie, post: 7513037, member: 80952"]When I watch an auction, I try to estimate the hammer price of a coin, whether I am interested in it or not. If I fail badly, this means that</p><p>a.) I don't know the true value of the coin (there were cases when I saw a coin going up in the sky and I was saying nah, it can't be, but when I searched that particular coin in previous auctions things started to make sense)</p><p>b.) there are at least 2 collectors who want the coin and don't care too much about the price. </p><p><br /></p><p>Point b.) can bring bigger surprises than these examples. I can't forget that I saw this in January</p><p>[ATTACH=full]1298003[/ATTACH]</p><p><br /></p><p>... sold for hammer price 500 EUR. </p><p>I am still tempted to think this is a bad joke, somebody who was just mocking the auction, as I think even 100 EUR would be too much (again, this is my personal opinion). </p><p><br /></p><p>I often see coins that should go for 30-40 EUR going for 100-120. Even if I am interested, I just pass, there are plenty of fish in the sea if you're not super specialized in one domain. </p><p><br /></p><p>I think after the Covid era (and no, I don't like this term, but it seems suitable in this case) many people have started collecting ancient coins. Personally I started this hobby "because of Covid" as my interest in ancient coins was almost zero until October 2020. Lots of free time, a PC always online, so I found "a new toy". </p><p><br /></p><p>Now regarding the examples in this topic, I wouldn't pay this price on a single coin. For now at least. I can't afford it and I am content with coins having not so spectacular condition. They all look excellent and probably in hand they're better. </p><p>You can expect prices like these for coins in well above average condition (and no, I am not happy at all but this is a standard situation in numismatics, not only ancients).</p><p><br /></p><p>In my personal opinion, the Gordian price is a little off but I am not particularly interested in Gordian coins so my opinion is not objective.[/QUOTE]</p><p><br /></p>
[QUOTE="ambr0zie, post: 7513037, member: 80952"]When I watch an auction, I try to estimate the hammer price of a coin, whether I am interested in it or not. If I fail badly, this means that a.) I don't know the true value of the coin (there were cases when I saw a coin going up in the sky and I was saying nah, it can't be, but when I searched that particular coin in previous auctions things started to make sense) b.) there are at least 2 collectors who want the coin and don't care too much about the price. Point b.) can bring bigger surprises than these examples. I can't forget that I saw this in January [ATTACH=full]1298003[/ATTACH] ... sold for hammer price 500 EUR. I am still tempted to think this is a bad joke, somebody who was just mocking the auction, as I think even 100 EUR would be too much (again, this is my personal opinion). I often see coins that should go for 30-40 EUR going for 100-120. Even if I am interested, I just pass, there are plenty of fish in the sea if you're not super specialized in one domain. I think after the Covid era (and no, I don't like this term, but it seems suitable in this case) many people have started collecting ancient coins. Personally I started this hobby "because of Covid" as my interest in ancient coins was almost zero until October 2020. Lots of free time, a PC always online, so I found "a new toy". Now regarding the examples in this topic, I wouldn't pay this price on a single coin. For now at least. I can't afford it and I am content with coins having not so spectacular condition. They all look excellent and probably in hand they're better. You can expect prices like these for coins in well above average condition (and no, I am not happy at all but this is a standard situation in numismatics, not only ancients). In my personal opinion, the Gordian price is a little off but I am not particularly interested in Gordian coins so my opinion is not objective.[/QUOTE]
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