Alexander III Tetradrachm Advice Needed

Well I will give you my opinion (if it counts for anything)

I personally don't like my coins slabbed, but this is a personal preference and a whole can of worms and also I do not know your financial situation (you clearly like high end coins) but if I was spending that kind of money it wouldn't be my first choice.

The coin looks decent but I would expect it to make me say wow. Narrowing a search just down to Pella minted varieties I found this coin



Some $650 dollars cheaper, but of similar appeal I think.

If you are not fussed for the mint location this coin $2350 has more eye appeal to me



But in truth I probably would go for one about this sort of quality in order to buy 2 coins instead of one (since it is around half price)






The coin you are looking at clearly is a good quality coin, well centred and good details. Whether it is the photography or the patina it appears a little dark and lifeless to my eye.

With your budget, and the quantity of such coins I would think you could find either better value for money or a coin that speaks to you more. (I don't know how much this particular coin does speak to you)

My second ancient was an Alexander tet, on a considerably different budget but I got one that had appeal and the price was suppressed (perhaps because of the test cut that I feel doesn't detract much from the coin)




It may not be in the same league but I was and still am quite happy with the coin and the spare change was able to buy other coins.

I have many coins on my want list, and cannot have them all. I guess it is for each of us to decide how to spend our budgets. For me this is the middle path. There is no point in owning thousands of slug coins and it would be equally silly to invest all my budget into only one or two coins. A small good quality collection of the major types is more what I am aiming for, only you can know what your collecting aims are.

Well, my first thought was that it was too much. But then, I operate on a tight budget. For comparison, my most expensive piece is an Alexander tet that I recently bought for $210:

Its nught be an alright deal if you really want that coin in that condition but why not get something other than another Alexander Tetradrachm, there are so many different kinds of ancient coins available

It sounds like you know the market for a coin of this grade. At this level you need to ask about the track record for buying and for selling. When I am torn on buying a nice piece, I ask myself how I intend to part company with it when the time comes.

How do you intend to sell it?
How much of a loss, if any, will you accept?

If you have a particular seller or venue in mind for disposing of it, like CNG or Harlan Berk in USA for example, visit their site and see how coins of this grade have been handled by them in the past. If the buy sell spread is too great, then take a pass for now. On the other hand, stocks are taking a beating right now due to the trouble in China, so investment brokers will be coming after these pieces soon enough. If you buy it now and still have second thoughts later, you may still be able to get out okay.

Ended up passing up on the coin.