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Roman Gold "Aureii"

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Author Previous TopicReplies: 8 / Views: 1,396Next Topic  
Valued Member

United States
51 Posts
 Posted 03/11/2015  08:11 am Show Profile   Bookmark this topic Add bajkonyr to your friends list Get a Link to this Message Number of Subscribers
Hi everyone. Could anyone tell me by what percentage did those vandals destroy the value of these coins?
Thanks

Roman-Gold-

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Edited by bajkonyr
03/11/2015 09:47 am
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 03/11/2015  08:55 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
MOST of the value, very sadly.
When they are holed such as these ones are, they don't command much more value than bullion value, plus perhaps 20%, in the British market.
They may sell for a little more in the U.S. market.
If they came up for auction singly, they would be perhaps be estimated at bullion value plus 10%, with a buyers commission added onto that.

AGW typically .23 ounces x $1170 x 110% x 120% buyers fee = $355.

At $355 each, that would be about my 50% decision to buy, if I was interested.

That's only about 10% of their value, UNholed. The holed and plugged Hadrian may attract a little higher price in the U.S. retail market.

They would nevertheless take a legitimate place in my ancient coin collection, but I would only be able to afford to buy one of them, perhaps the Hadrian.

These are the saddest pictures I have seen in the last three years, here in the CCF.

The thought HAD indeed crossed my mind that they are failed fakes, in good gold, but I would need to examine each one 'in hand' very closely, then confirm with one of my friends with a lifetime experience in ancient coins, and who also happens to be a coin auctioneer of international reputation. I would do some searching on the data bases for fake coins with him.

From the photos they look to be genuine; that is why they look so sad.

It it OK to ask from where they came?
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 03/11/2015  09:40 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The plural for 'aureus' is
'aureii'.
Valued Member
United States
51 Posts
 Posted 03/11/2015  09:52 am  Show Profile   Bookmark this reply Add bajkonyr to your friends list Get a Link to this Reply
@ sel_69l
Thank you for your reply. That's what I was afraid of when I saw them. I knew that it was a common practice for late Roman gold aureii to get punctured for the purpose of using them as a jewelry. But was not sure how much of the value they loose in this particular case.
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echizento's Avatar
United States
23731 Posts
 Posted 03/11/2015  09:57 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
I'm almost speechless, taking into account these are all real. It's difficult to say because of how they have been mistreated and holed, most of their value is gone. I would love to own a least one Roman gold coin, but I would have to think hard about buying one of these. Sorry if that's sounds harsh, but it's sad to see the condition these coins are in.
Valued Member
United States
51 Posts
 Posted 03/11/2015  10:00 am  Show Profile   Bookmark this reply Add bajkonyr to your friends list Get a Link to this Reply
@ sel_69l
Tried to reply to your question as to the country of origin to your email-it says you do not accept emails. Sorry dont want to advertise this information here.
Valued Member
United States
51 Posts
 Posted 03/11/2015  10:02 am  Show Profile   Bookmark this reply Add bajkonyr to your friends list Get a Link to this Reply
@ echizento
I was saddened too after I saw this gems. Unfortunately history was not kind to this guys.
Pillar of the Community
zxcccxz's Avatar
Canada
5417 Posts
 Posted 03/11/2015  10:09 am  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
I'm right on point with the comments made so far. I see many of these problem free on VCoins, each for several thousand dollars and I've seen quite a few, even in very low grades come out with $3000 at auctions. For me, the holes would destroy the value for them. Not just that but I wouldn't buy them for my own collection unless I could get them at spot plus a bit more because I would never be content with having something like that. If they are yours, I would suggest looking into getting them professional repaired, if it's done well enough you could get about 50% of the original value at an auction rather than the 10% you are getting as of now. Furthermore, if they are not yours and you are looking to purchase them, I would advise that you stay away from them unless you're getting a killer deal (Spot plus a bit for each).
Valued Member
arnoldoe's Avatar
Canada
266 Posts
 Posted 03/11/2015  12:33 pm  Show Profile   Bookmark this reply Add arnoldoe to your friends list Get a Link to this Reply
I think they would definitely go for higher than 350 ea, probably at least 500 and maybe even quite a bit more for some of them
Edited by arnoldoe
03/11/2015 12:45 pm
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