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 Replies: 31 / Views: 5,420 |
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Pillar of the Community
United States
547 Posts |
I'd say Spence has a good eye. Quote:
My fave is the stater from Pantikapaion. I agree. |
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Bedrock of the Community
Australia
20732 Posts |
If I was intending to bid on a high value lot at a public auction, I would always do due diligence first. That means looking at what is available in vcoins as part of that process. Pricing on vcoins and estimates at public auction should be compared.
It would also include research into authenticity despite all assurances from the public auctioneer.
Nevertheless, I suspect that high value lots on vcoins are priced at higher levels than what the same or similar items may be attained at public auction.
A similiar research philosophy should be employed when dealing with real estate, or even when buying a automobile.
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Pillar of the Community
Russian Federation
4157 Posts |
Quote:
My fave is the stater from Pantikapaion. Same for me, but the Arsinoe II octadrachm is a very close second. (And yes, by modern rare coin standards those prices are tiny. Actually, I wonder if any ancient coin had ever sold for over a million dollars...)
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Bedrock of the Community
Australia
20732 Posts |
High value coins are consigned to auction houses.
They are bought from auction houses.
Often, the dealers are doing the consigning an the buying.
Ultimately, the coins find their way into collections.
On the way, a Vcoins dealers advertise them, motivated party to sell in the retail market, and partly to advertise their businesses
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Pillar of the Community
United States
6635 Posts |
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Bedrock of the Community
Australia
20732 Posts |
The total value of ALL the coins pictured is only about 2/3 rds of the current median house price in Sydney, which is around U.S $900,000.
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Pillar of the Community
United States
3764 Posts |
Well that's obvious then, sell your house, buy the coins and live in a campervan. Geesh, some people...
-----Burton 49 year / Life ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, OnLine Coin Club Owned by four cats and a wife of 39 years (joined 1983) PS: ANA's records are messed up, they show me as a 50-year member and I'm now Emeritus |
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Pillar of the Community
United States
949 Posts |
Very shortly after I began collecting in the early 80s, I bought a collection to jumpstart the process. Included was a silver full size replica of the famous dekadrachm being offered, but marked "copy" on the coin holder. It's a keepsake for me and as close as I will ever get to this beautiful piece. As repros go it is not a bad likeness, but with all the telltale signs of a cast copy.
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Valued Member
Canada
266 Posts |
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Pillar of the Community
United States
4800 Posts |
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Pillar of the Community
United States
6635 Posts |
Quote:
This is the cheapest vcoins purchase I've made. 1 dollar! Here's the least I've spent on a coin in my collection: 0 dollars for this Indian karshapana, a gift from a coin buddy from next door in Illinois. Welcome back, Chris. 
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Pillar of the Community
United States
6370 Posts |
Quote:
If I was intending to bid on a high value lot at a public auction, I would always do due diligence first. That means looking at what is available in vcoins as part of that process. Pricing on vcoins and estimates at public auction should be compared.
It would also include research into authenticity despite all assurances from the public auctioneer.
Nevertheless, I suspect that high value lots on vcoins are priced at higher levels than what the same or similar items may be attained at public auction.
A similiar research philosophy should be employed when dealing with real estate, or even when buying a automobile. This strategy does not work well with extremely rare coins and unpopular collecting areas, like ancient Chinese. There is nothing on Vcoins usually, and sometimes auction results are few and old. I often have to guess what price is reasonable, and sometimes I set the price at auction.
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Pillar of the Community
Russian Federation
4157 Posts |
I've never bought an ancient coin online, and the cheapest ancients I've got were probably the contest prizes from way way back (I forgot the details, but basically one of the Smackdown holders decided to give a prize to every participant, so I ended up getting some ancient coins even though I barely got any votes in the contest itself). I don't have a photo, though, so here's an ancient I bought for just under a dollar...   Constantius II, Fel Temp Reparatio. Found in Kalinigrad Oblast, Russia. Mintmark off flan (might be Thessalonica mint if my reading of the field mark is correct). Forgot the size, sorry. |
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Pillar of the Community
United States
6129 Posts |
Here's an interesting comparison to show the difference in the market for ancients versus US: https://auctions.stacksbowers.com/l...view/3-7WIR5$18,800 for a penny displaying a unique date size for the metal composition; the fact that somebody would rather have that than any of the sub-$20k coins here staggers me! Though, I am sure there are people who think the same about our silly pieces of metal! |
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Bedrock of the Community
Australia
20732 Posts |
I note that when reviewing the NumisCorner site separately,
they have quite a few very high end ancients.
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Replies: 31 / Views: 5,420 |
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Posted 07/15/2017 7:01 pm
