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My First Ancient Coin: What Should I Get?

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Valued Member
United States
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 Posted 02/24/2025  4:22 pm  Show Profile   Bookmark this reply Add floyd5175 to your friends list Get a Link to this Reply
Not sure if anyone is still checking this thread out, but in any event, I just wanted to give an update on my first ancient coin purchases.

On a Heritage auction I bought an Alexander/Zeus, lifetime-early posthumous. The auction experience was stressful but fun!

I'm still looking for an Athena Owl and a Caesar Elephant. I've decided to stay away from purchasing a coin from a European dealer/auctioneer. Not because I'm concerned about fakes, but because there are so many purchasing variables. So I'm sticking with US auctions and US retail sites.
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jbuck's Avatar
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Spence's Avatar
United States
34426 Posts
 Posted 02/24/2025  6:55 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
On a Heritage auction I bought an Alexander/Zeus, lifetime-early posthumous.


Be sure to start a new thread featuring this coin once you have it in hand!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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jbuck's Avatar
United States
189142 Posts
 Posted 02/25/2025  08:54 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Be sure to start a new thread featuring this coin once you have it in hand!
Valued Member
United States
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 Posted 02/25/2025  09:17 am  Show Profile   Bookmark this reply Add floyd5175 to your friends list Get a Link to this Reply
I hope you guys don't laugh and roll your eyes when you see it!
Valued Member
United States
86 Posts
 Posted 02/25/2025  09:53 am  Show Profile   Bookmark this reply Add floyd5175 to your friends list Get a Link to this Reply
Worth $950 shipping included? Seller is trusted.

The info provided:
Kroll 8 (what does this mean?); SNG Copenhagen 31; Dewing 1591-8. 16.94 g, 26mm, 10h. Extremely Fine.

My-First-Ancient-Coin:-What-Should-I-Get?
Edited by floyd5175
02/25/2025 09:54 am
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hfjacinto's Avatar
United States
7285 Posts
 Posted 02/26/2025  09:35 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I only have 2 ancients and I got mine locally. I don't know enough about these to purchase not graded so I can't comment, I don't know if its even real.
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thq's Avatar
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3343 Posts
 Posted 02/26/2025  09:48 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I'd say it's worth the money floyd5175. Nice well centered example. As you know by now, you can get ugly ones for less.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
02/26/2025 09:50 am
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Spence's Avatar
United States
34426 Posts
 Posted 02/26/2025  09:53 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@flo, I believe that this is the Kroll reference (not one that I typically use though):

The Athenian Agora, Volume XXVI, The Greek Coins by John H. Kroll (1993)

Here is a link to a *.pdf of it:
https://www.ascsa.edu.gr/uploads/me...ora_XXVI.pdf
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
Valued Member
United States
86 Posts
 Posted 02/26/2025  10:08 am  Show Profile   Bookmark this reply Add floyd5175 to your friends list Get a Link to this Reply

Quote:
Here is a link to a *.pdf of it:
https://www.ascsa.edu.gr/uploads/me...ora_XXVI.pdf


Thanks, Spence!
Looks like I've got some weekend reading ahead of me!
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Portugal
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 Posted 02/27/2025  4:50 pm  Show Profile   Bookmark this reply Add jecz79 to your friends list Get a Link to this Reply
floyd5175 I would say no. Half of that ask price would be a bit expensive for me. And to call it extremely fine is misleading. The owls are high relief. That one looks very soft and it is not from a weak strike.
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United States
220 Posts
 Posted 02/27/2025  8:49 pm  Show Profile   Bookmark this reply Add samoth to your friends list Get a Link to this Reply

Quote:
I only have 2 ancients and I got mine locally. I don't know enough about these to purchase not graded so I can't comment, I don't know if its even real.


I only have three Greeks. After the first (Larissa drachm), I bought a well-made fake of it to try to better understand the differences. I still don't think I'd be able to tell real versus fake of a series I don't know very well (reference books, hundreds of auction references) if they both passed the ring test.

My other two are Messana hares. With extensive auction records & an expensive primary reference, it's easier to get a "feel" for the stylistic differences and what real ones looks like.

The sheer volume of fakes amongst ancients is a big reason I don't pursue them.

I don't know of any good advice for people with a potential interest in the field other than to assemble a black cabinet & extensive library.
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United States
86 Posts
 Posted 02/27/2025  10:01 pm  Show Profile   Bookmark this reply Add floyd5175 to your friends list Get a Link to this Reply
Okay... another broad, blanket, umbrella question:
If a coin is slabbed by NGC, what are the chances it's fake? 0%? 10%? 25%? 50%?

Okay, two questions:
Have the NGC slabs themselves been faked?
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Russian Federation
5174 Posts
 Posted 02/28/2025  09:22 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
The question is a bit too broad and blanket for this context...

If a coin is slabbed by NGC, I'd say there's probably around a 1-2% chance it's fake; but this is probably higher specifically for ancients, because they don't deal with those as much and are thus more likely to miss fakes.

NGC slabs have definitely been faked! But I'm not sure if this had ever happened with specifically ancient coins, because collecting ancient coins in slabs is a lot less popular in the first place.

(The same answers would have applied to PCGS, except I don't think PCGS slabs ancient coins at all.)
Valued Member
United States
86 Posts
 Posted 03/06/2025  10:26 am  Show Profile   Bookmark this reply Add floyd5175 to your friends list Get a Link to this Reply
They're bought! I've dived headfirst into the ancient coin shallow end! Many of you will probably roll your eyes at my choices and for spending this much (around $2,200 after buyer premium) on my first coins, and you'll probably have a point!

I'll post photos and details once I have all three coins in my possession. Should I start a new thread or post here?

Alexander III (lifetime/early posthumous)
Attica Athena Owl (mid-mass)
Caesar Military (elephant)
Edited by floyd5175
03/06/2025 10:49 am
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