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 Replies: 22 / Views: 3,076 |
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Pillar of the Community
United States
3443 Posts |
I wasn't looking at the 'dirt' on Caracalla. It thought it looked like a polished cast fake. If NGC says it looks good I won't argue the point. As far as ebay goes .... I too noticed the high prices being asked for NGC graded ancients ($600 800 1000 and more). I thought the idea tempting. I put about 25 NGC graded ancients for sale on my watch list. They are still there two months later .... unsold. A few did sell. $40 antoniniani which sold for about $100. |
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Valued Member
 United States
168 Posts |
Edited by w00zi
02/25/2013 11:21 pm
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Pillar of the Community
United States
3443 Posts |
Well 'actual value' is only what some fool is willing to pay for something. I wish you luck. When I saw that most of the sellers didn't seem to be moving any of the high priced stuff and that it was mostly high grade antoniniani that actually moved I had second thoughts. If it costs $40 to get it graded and then you need give ebay their due and lastly paypal gets a cut .... well it doesn't leave much room does it ? |
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Pillar of the Community
United States
3229 Posts |
Nice coins and I wish you luck!   Let us know how it goes or when you put them up. I would like to see what happens. Also, I feel there was some good discussion here on this topic. I am sure some buyers will find solace in buying slabbed ancients. Unfortunately a fake MS60 ancient coin is still fake;( |
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Pillar of the Community
United Kingdom
2838 Posts |
Quote:
I have noticed that they sell for about 1.5x to 4x their actual value I have seen them priced at this but not regularly selling. Anyways, your coins, your choice, at least they didn't ID your Caracalla as an Ant Pius! I think its shocking they cant even tighten the date of the coins closer than just their reign  Was wondering how they decide 'Strike' and 'Surface' scores  'Strike' implies its a measure of how well the coin was made but if its worn how can this ever be known Edited by bobbyhelmet
02/26/2013 04:47 am
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Pillar of the Community
United Kingdom
2838 Posts |
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Pillar of the Community
United Kingdom
2624 Posts |
I don't like the slabbing of any coin or note... but that's my personal preference... but to slab an ancient seems pointless to me...
The slab would have to tell me the following information...
How well centred is the obverse? And the reverse?
How well struck is the obverse? And the reverse?
What is the patina like on the obverse? and the reverse?
What is the metal quality and surface appearance of the obverse? and the reverse?
How large is the flan? How circular is the flan?
What is the weight and diameter?
What is the die-axis?
What is the ruler, denomination and place of origin?
What is the date and mint mark?
Description of the obverse and reverse.
Even with all that information the coin might not have eye appeal or it might look stunning... so really better lets just have it as a raw coin so I can have a look at it...
In the case of your three coins they are all very appealing...and all look to be well preserved with good eye appeal. Assigning and quantifying that statement with a number doesn't really have any significance to me.
Edited by DavidUK
02/26/2013 09:20 am
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Pillar of the Community
United States
3443 Posts |
If I wanted to look at beautiful coins under a 'glass' plate ..... I can just go to a museum instead and save my money for fine dining.
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Pillar of the Community
United States
4969 Posts |
i grade them at awesome, awesome, and rockin' awesome......look really nice (hope they're all real). by the way I offer a coin grading service, my fees reasonable, here is an example of my work.  |
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Pillar of the Community
United Kingdom
2838 Posts |
 If I ever want grading and slabbing done your the man for me |
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Bedrock of the Community
United States
10045 Posts |
Chrsmat71. You're welcome to grade any coins I post to CCF! I'm not big on slabbing ancients myself, but I totally understand why w00zi is doing it. |
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Pillar of the Community
United States
3443 Posts |
I understand why also. I had the same thought myself when I saw how much the people on ebay were asking. $200 coin asking $500. Sounds like a nice way to raise cash (to buy more coins !) But I don't see the ones on my watch list going anywhere. I wish him well in fact but I have my doubts about how long it takes to sell them this way. Might be more reasonable to make a small mark up and move the stuff rather than own them for years waiting for a 'sucker'. |
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Valued Member
United States
168 Posts |
Here is how NGC determines strike and grade http://www.ngccoin.com/ancients/grading.aspx. And that is exactly what I am planning on doing, small mark up to cover the cost of grading and the coin with a 20% profit. For example, I paid $40 for the Caracalla and cost of grading was $35. I'll have no problem selling it on ebay for $100-$120, the average asking price for a coin in this grade is $200 . I'll let you all know how it goes. Edited by w00zi
02/26/2013 7:09 pm
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Pillar of the Community
United Kingdom
2838 Posts |
Thanks for the info w00zi, fascinating reading. I wish you luck, I genuinely do, nothing wrong with testing the market, keep us informed and good luck --------------------------------------------------------------------I would now though like to continue my life-long love of bashing TPGs  My favorite quote from the site: Quote:Coins of exceptional appeal are eligible for a Star designation, a feature introduced in 2001 by NGC that has since become a valued aspect of NGC-encapsulated US coins. huh - who decides what 'exceptional' and 'appeal' are! Even pretty coins are not loved by everyone, eye appeal is so subjective and is 'pretty' or 'unusual' more appealing than 'rare' or 'historic'. Reading the BS in the above link I honestly believe somebody with absolutely zero experience of ancient coins has designed their system, its truly beyond belief that they: A. Can present this stuff with a straight face B. Dare to actually charge for it C. Think the huge ancients market spanning 25 centuries can be put into a neat box just like 200 years of US coins. Sel, with probably 5 minutes of thinking came up with a better system! I don't know if I should laugh or cry as some predict this is the future of the hobby, if it is I'm leaving to collect something that cant be slabbed. The only positive thing is that this system is so pathetic surely it cant take off? Imagine if they had actually done their homework, had spoken to ancient collectors and had looked at what David Sear does, maybe then slabs could have a chance at being the future! |
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Pillar of the Community
United States
3443 Posts |
I had not intended any offence on my comments about reselling for a profit. I had assumed the Caracalla to be a minimum $100 coin to start with (if not much more !) and so figured that you would need over $200 to make a nice showing after the expences. By the way if you can get coins like that for $40 ..... I am green with envy !
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Replies: 22 / Views: 3,076 |
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Posted 02/25/2013 10:57 pm
