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Opinions On Macedonian Tetradrachm

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oh my florin's Avatar
Australia
1006 Posts
 Posted 03/21/2014  06:14 am Show Profile   Bookmark this topic Add oh my florin to your friends list Get a Link to this Message Number of Subscribers
Hey everyone
After a while learning about ancient coins and thoroughly enjoying it. I decided to try and see if I could apply it. Tho just confused about a few things firstly what would cause the flatness on the ear shown in the link below:
http://coins.ha.com/c/search-result...Ntt=price+78

Secondly how do you value a coin which hasn't shown up in that condition for a while nor in conditions two grades lower for a number of years.

Thirdly and finally just want some opinions on the coins to follow in terms of opinions, grading, values etc (closest one I could find were multiple VF ones sold by heritage which sold for around $400)
http://coins.ha.com/c/search-result...Ntt=price+78
http://coins.ha.com/c/item.zx?saleN...&lotNo=30029
http://coins.ha.com/c/item.zx?saleN...&lotNo=30030
Thanks everyone in advance
Edited by oh my florin
03/21/2014 06:22 am
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echizento's Avatar
United States
23731 Posts
 Posted 03/21/2014  08:18 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
IMO the flatness is caused by wear. I also think the first coin has been overgraded. I'd grade it at EF+.

I'm not sure how to answer your second question other than these coins show up in this grade often enough in these grades as not to make them out of the ordinary.

I also feel that based on the NGC grades the estimates are not too over the top. IMO ancient coins should not be slabbed most ancient coin collectors want to handle their coins. The coin lasted over two thousand year without being locked up in a plastic tomb handling it now is not going to lessen it's value of hurt the coin. HA is one of the best to buy from but remember they have their fees etc... so the estimates are going to be higher than what you may see somewhere else. I feel you can find as nice examples of this type on Vcoins for lower prices. But if your looking for certified and slabbed examples than the estimates on these coins are acceptable.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 03/21/2014  09:10 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
totally.

I did a Google search:
'identifiacion of fake ancient coins'
It came up with the Calgary Coin site. These guys know what they are doing.

If you have 15 minutes to spend, you are in for 15 minutes of well spent time in education.
Click on the bottom of the page
'Katane Tetradrachm' for an excellent example of an identification process from pictures alone.
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 03/21/2014  09:35 am  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Yes Robert from Calgary Coin is one of the foremost experts in Ancients and has one of the largest collections in Canada. I'm thinking of dropping by his shop today (I live in Calgary).
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oh my florin's Avatar
Australia
1006 Posts
 Posted 03/21/2014  8:46 pm  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
Thanks for the help everyone and sel the website was very informative going to spend a while reading it and echizento thanks for the vcoins link I enjoyed looking through the coins and seeing all the different examples. Just one last thing on the topic is if anyone could link me to auction houses or dealers selling TPG certified ancients that would be greatly appreciated.(Prefer the higher certainty of TPG graded than buying raw)

Thanks everyone for your friendly help
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echizento's Avatar
United States
23731 Posts
 Posted 03/21/2014  9:20 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
You can try Ira and Larry Goldberg auctions, at http://www.goldbergcoins.com. Stacks and Bowers at http://www.stacksbowers.com. You already know about Heritage Auctions.
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oh my florin's Avatar
Australia
1006 Posts
 Posted 03/21/2014  11:41 pm  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
Thanks for that also any raw coin auctions or dealers would be good to tho please make sure they are reputable
Valued Member
United States
69 Posts
 Posted 03/23/2014  7:01 pm  Show Profile   Bookmark this reply Add tenacious to your friends list Get a Link to this Reply
You seem to be concentrating on grades. Most ancient collectors, including myself, don't give a ---- what NGC, or any TPG, grades an ancient coin. Most of us collect coins not grade opinions.
But having said that. Always collect what you like. Regardless of what anyone else says.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 03/23/2014  9:39 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I would agree that a strict grading contributes only a part of the value to an ancient coin.

The OVERALL condition may make a little or a big contribution to the coin's overall value. Many other factors usually come into play as well.
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oh my florin's Avatar
Australia
1006 Posts
 Posted 03/23/2014  10:23 pm  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
Thanks guys for the advice still a newbie on the ancients scene and more sussing out what to look out for. Grading wise looking out primarily for EF and higher examples tho the other things I am looking out for is being an Alexander the Great type minted in Pella. Also I know about the other factors that influence ancients primarily the history behind them which interested me. Primarily who minted the coin, where it was minted, events related to the coin, designs etc. By the way I am trying to find a really special coin always learnt to buy one good coin rather than multiple lower ones and I trust PCGS and NGC assessment of coins. Also prefer the protection imparted to being a bonus to me. On a final note I do only collect what I like which is Macedonian coins ( more so Phillip ii and Alexander the Great) and Australian Predecimals coins.

P.s. think I may have found a coin which fits my criteria before. More now having to save up a considerable amount.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 03/23/2014  11:22 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Other factors that can influence the value of an ancient coin, not in any order of importance, are:

quality of the die cutting
rarity
centring of the strike
quality of the flan
full identification
authenticity, and who is selling it
provenance
demand
how well it has been cleaned after recovery
presence of tooling

This helps to explain why ancient coins are not often slabbed.
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oh my florin's Avatar
Australia
1006 Posts
 Posted 03/24/2014  05:16 am  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
Thanks for that sel NGC has a whole list of things affecting certain things as well tho primarily on surface and strike with a number of other things. Some include metal purity, planchet shape, deposits, graffiti etc. Very interesting tbh cause each one is unique and each is great in their own way.
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