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Judean coin brings $1 million at NYC auction

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Valued Member
United States
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 Posted 03/10/2012  12:32 pm Show Profile Bookmark this topic Add Larryh86GT to your friends list Get a Link to this Message

An ancient Judean coin has sold for $1.1 million at a New York City auction.

The Year 1 prototype silver shekel (SHEHK'-uhl) from A.D. 66 was bought Thursday night at Heritage Auctions by a private East Coast collector.

It's one of only two known Year 1 prototype silver shekels. The other one is in the collection of the Israel Museum.

It's the first silver coin struck by Jewish forces revolting against Roman rule in the first century. It features an image of a ritual chalice and three pomegranates.

Heritage says it's the highest price for any Judean coin paid at auction.

It's one of 2,200 ancient Judean coins from the Shoshana Collection assembled by a private Los Angeles-area collector. He bought it at a 1991 auction for more than $240,000.

Formerly jwharper
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 Posted 03/10/2012  1:30 pm  Show Profile Bookmark this reply Add Bing to your friends list Get a Link to this Reply
That's a pretty good return. I figure 400% since 1991.
Pillar of the Community
United States
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 Posted 03/10/2012  1:32 pm  Show Profile Bookmark this reply Add jessvc1 to your friends list Get a Link to this Reply
wow thats lots of money.
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 Posted 03/10/2012  1:43 pm  Show Profile Bookmark this reply Add ValiantKnight to your friends list Get a Link to this Reply
$1.1 million? I am in
"For as long as Belisarius lives, it is impossible for him to relinquish this city." - Roman general Belisarius, responding to a group of Gothic envoys, during the Gothic siege of Rome in 537 AD

Attributed coins in my collection so far - Roman: 238, Byzantine: 34, Post-Roman Germanic: 21
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 Posted 03/10/2012  2:15 pm  Show Profile Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
This level of collecting I find incomprehensible. Here is the listing
Once you have it--do you ever handle it--or do you keep it locked away in a vault?
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 Posted 03/10/2012  2:29 pm  Show Profile Check TJsCoins's eBay Listings Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply
Wow!
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 Posted 03/10/2012  2:34 pm  Show Profile Bookmark this reply Add ValiantKnight to your friends list Get a Link to this Reply
When you got to want it, you got to want it, especially if you have the cash. Maybe whoever bought it is hoping to sell it in twenty years? Make money like the coin's previous owner?
"For as long as Belisarius lives, it is impossible for him to relinquish this city." - Roman general Belisarius, responding to a group of Gothic envoys, during the Gothic siege of Rome in 537 AD

Attributed coins in my collection so far - Roman: 238, Byzantine: 34, Post-Roman Germanic: 21
Edited by ValiantKnight
03/10/2012 2:34 pm
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 Posted 03/10/2012  2:55 pm  Show Profile Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
VK, I'm sure there are people who buy such coins simply for passion of collecting.
I've also noticed from auction records how some coins are resold in 5-10 years, at significant markup.
I'm sort of relieved that my coins don't belong in the "investment class" of ancients--and I don't need to track their value, like stocks.
Valued Member
Serbia (Srbija)
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 Posted 03/10/2012  3:03 pm  Show Profile Bookmark this reply Add mvojnovic to your friends list Get a Link to this Reply
Wow, thats a lot of money
"Navikli smo da, naime, vladamo tuđim, a ne drugi našim ,u to smo sigurni dok bude ratova I mačeva"
Daurentije
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 Posted 03/10/2012  10:24 pm  Show Profile Bookmark this reply Add ValiantKnight to your friends list Get a Link to this Reply

Quote:
VK, I'm sure there are people who buy such coins simply for passion of collecting.
Sorry, didn't mean to be Captain Obvious
"For as long as Belisarius lives, it is impossible for him to relinquish this city." - Roman general Belisarius, responding to a group of Gothic envoys, during the Gothic siege of Rome in 537 AD

Attributed coins in my collection so far - Roman: 238, Byzantine: 34, Post-Roman Germanic: 21
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United States
422 Posts
 Posted 03/12/2012  08:55 am  Show Profile Bookmark this reply Add oxos to your friends list Get a Link to this Reply
I followed that auction as well and stunned at the prices for Judean/Biblicals. Amazing!
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