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Replies: 16 / Views: 2,204 |
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Valued Member
Netherlands
59 Posts |
Hi everybody,
Earlier last week I posted a question about whether or not a coin I bought was fake. In return I received tons of helpful feedback from you guys on how to advance this pretty amazing hobby. Soon after, I bought a small lot of four Romans and after receiving them I was able to at least partially identify most of them. I loved that.
These were all the cheapest coins available - Constantinian dynasty ones. That said; after buying just these five coins I completely blew through my entire months budget. Being a student, working and studying full-time, I'm having problems meaningfully continuing this hobby. Even after looking for OK-quality uncleaned lots I found that you'd still have to spend quite a bit.
I'm not here to beg or ask for understanding; most of you were in that situation at one point and still made the most of it. What I do want to ask is tips for the following;
How can I continue to gain knowledge about these coins in an 'applied' fashion while spending nothing or very little?
Do you guys find it possible, after some months/years of experience, to expand your collection based on buying low and selling your spares to the right person at the right time? Or will Roman numismatics always remain a money sink as long as you're looking to slowly expand?
Out of interest - have some of you perhaps found practical applications of your knowledge? Do you for example assist professional historians and/or archaeologists in dating or context retrieval?
Thank you in advance! Sorry if this sounded like I'm looking for sympathy or anything - I'm not. I'm living very comfortably without spending much, but I'd just love getting involved in this hobby in a meaningful way without breaking the bank. The word 'meaningful' being key; although I guess what that entails may differ from person to person.
Sincerely yours,
Michael Edited by MichaelS 04/07/2014 4:19 pm
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Pillar of the Community
United Kingdom
3626 Posts |
Michael, I sympathise with you, I really do I would go through all the stickys at the top of this forum. There is an awful lot of information there and you don't have to have a coin in hand to learn from it. You can also trawl through the coins on ebay, not to buy, but to see what you might be interested in, and then watch the prices. Compare the ebay prices to what a similar coin might go for in somewhere like vcoins. Keep in touch with us on the forum. Ask questions. Look at the forgery networks, they are very informative. Dutchgulden is also in the Netherlands, hopefully he might have some pointers for you.
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Valued Member
United Kingdom
477 Posts |
I completely get where you're coming from, when I got the coin bug I wanted to buy coins constantly-but I soon learnt by yearning for coins in hand was not wise. I needed to learn about them, and still do. Slowly but surely I'm getting a better grip on my understanding, this is helping me make better decisions with regards to purchasing. On ebay you will see alot of coins that are 'in fashion' coins, when I was young yoyo's were in fashion-not so much anymore. What I'm getting at with that is, sometimes people will be drawn to 'fashion' coins leaving some great coins lesser noticed-keep an eye out for them. Stay on this forum, and help people identify there coins. It may seem an odd thing for me to say, but I've learnt alot from doing this. Not long ago I had no idea about coins, and now I chime in when I can. This not only helps the community, but also helps me become wiser and gain more knowledge. Whilst being on here, you will learn alot and meet new people. Networking can lead to good things, some members might be able to help find a better source for you. Regarding has my new hobby helped with work, it's kind of a reversal for me from a prior job. I was a data centre specialist working with sensitive information. Some of the skills I honed in that job, can gradually be transferred to this hobby. Plus I love history, so it works out really well in regards to learning :). Now I'm an outdoor instructor, and my next ambition is to educate my mind in higher mathematics and a science. I think this hobby helps, not only with keeping the mind sharp, but when you keep learning-your brain enjoys it, in a way that benefits you in the long run :). I feel that many people on here, in one way shape or form gain transferable help from this hobby. Be learning history, identification, research, valuations, grading, counterfeits etc. All of this will sharpen the eye for detail, and I feel this would be complimentary for an up and coming Archaeologist ;). Regarding the prices, it's good to keep an eye on prices regarding what you should spend for a purchase. But when it comes to coins values in my possession, the value is the history-my imagination takes me on journeys thinking about what a coins been through. I look up the history, then consider what the people who held a coin were like. It's fascinating in that respect. From what I remember your coin(s), were really very nice-why not do a write up on each one. Not only for your record of the coin, but for your personal knowledge bank. This may sound an odd idea, but maybe you and some of the guys you study with could put money together to get coins? And split them? However this might cause disputes, just an idea. Hope these answers help in some way, remember every great journey begins with a single step.
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Pillar of the Community
United Kingdom
4208 Posts |
Some stuff is mighty pricey (I just sold a couple of nice bronzes for £5 a pop) but a lot of middle grade stuff can be had for peanuts. I have 300 surplus coins (all normal constantinian) which I'm hoping to get 50-80p per coin for - cheap stuff is out there. Especially with uncleaned stuff - just look at Mash's recent haul, some wonderful stuff in there that is worth in excess of the lot.
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Moderator
 United States
23731 Posts |
when I first started collecting ancients about 15 years ago I would buy large unclened lots. Back than a thousand coins were cheap, not any more. The hobby has grown by leaps and bounds and with some of the import restrictions that have been inacted in the last several years the cost of these coins has tripled. I haven't bought any uncleaned coins in several years now. The few coins that I do buy now I have to save up for, so I feel your pain. There are several members here that sell coins that you can rely on giving you a good deal. You will need the required post count and time here before you can buy. So take that time a learn all you can. Push pointed out the sticky thread that is loaded with tons of excellent information. Keep at it an before long you will have a good collection going.
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Moderator
 Australia
16872 Posts |
Quote: How can I continue to gain knowledge about these coins in an 'applied' fashion while spending nothing or very little? In terms of buying your own coins, I'm afraid there's little more you can do. In terms of simply gaining experience looking at and handling coins and learning to identify and attribute them while holding them in-hand, there are two further steps you can do. 1. Join a coin club. I'm afraid I'm unfamiliar with the coin club scene in the Netherlands, but they shouldn't be too hard to find, I'd imagine. You might even be able to find one that specializes in ancient and mediaeval coins. 2. As a uni student, you probably can gain access to inspect university collections much easier than we can. Quote: Do you guys find it possible, after some months/years of experience, to expand your collection based on buying low and selling your spares to the right person at the right time? Or will Roman numismatics always remain a money sink as long as you're looking to slowly expand? I'm not into coins to make money. There's an old saying: "The easiest way to make a small fortune in coins is to start out with a large one.". I acquire very few "spares" and when I sell them, I usually sell them at my coin club auction and usually for less than what I paid for them. That's for my collection, generally; I simply haven't acquired enough ancients to ever obtain anything I considered a "spare" yet. Quote: Out of interest - have some of you perhaps found practical applications of your knowledge? Do you for example assist professional historians and/or archaeologists in dating or context retrieval? This forum is about as practical an application of knowledge as I've found so far - helping people identify their coins. Archaeologists, as a general rule, do not approve of coin collectors and rarely seek their help or advice. We are "part of the problem" in the sense that it is the collectors which create the demand for ancient artifacts like coins, which create high prices, which then tempts poor villagers living in countries with archaeology under their feet to conduct illegal and context-destroying treasure-hunts.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United Kingdom
3626 Posts |
Michael, in the next couple of weeks, I am going to cull quite a few coins and get rid of them on ebay. You don't have enough posts to be able to PM but if you contact me through ebay uk my name there is annaglaskin, let me have your address and I will send you a few, if you want to pay just postage. I will try and get a few that are not Constantine et al. Some may need a bit of a clean, you just need either distilled water or de-mineralised water (the type you use in car batteries), an old toothbrush and a pick or blade. Some form of magnification is also very useful. It is a great learning process.
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Pillar of the Community
United Kingdom
2838 Posts |
Actually owning the coins means far less to me now than it did in the past, I own fewer coins now than I did 5 years ago. I still enjoy seeing other peoples and reading about them though.
Not sure how 'applied' you would consider it but maybe visiting your local museums, taking pictures and researching their coins could satisfy your cravings without costing anything.
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Valued Member
 Netherlands
59 Posts |
I feel like I've said too much in this short stint on this forum, but I mean it; thank you very much. Doing work on coins at university is not possible I'm afraid, although I did try. The university itself does not involve itself with numismatics and the only place where an internship focused on coins was possible recently shut down (or Museum of Numismatics or Geldmuseum) due to bankruptcy.
What I did and will continue to do however is to read the information in all the stickies at the top of this forum. Indeed, trying to identify coins here or even based on pictures on auction sites is probably a good idea. It's good to see some of you manage to enjoy coinage without having a large collection yourself.
Pishpash; I'll gladly take you up on that offer, although I'd gladly wish to compensate you even if just a bit. I'd feel bad for receiving freebies and that really wasn't the aim of this thread. I certainly would love to get some cleaning experience though! Perhaps I can even send you back the ones I managed to identify after cleaning.
Thanks.
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Pillar of the Community
United Kingdom
3626 Posts |
I have sent a message. Don't worry, if I thought you were after freebies you wouldn't have got any!
Just join in the threads as and when you can, and read old threads, there is a lot of information there.
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Valued Member
United States
121 Posts |
Hey Michael, and welcome! My opinion is to rely on forvm ancient coins' attribution toolkit and also this community most of all. These people here have helped me beyond belief. I have ended up learning SO much just reading OLD to NEW posts and gaining an understanding. They go in depth about die casting and we have a list of fake ancient coins and you are ALWAYS welcome to post a picture you see online and get our opinion before bidding. This has become like a family to me and stick and stay and I promise you won't regret it!
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Pillar of the Community
United Kingdom
856 Posts |
Hmmm ... have you thought about a book Michael? Lots of people say 'buy the book before the coin' and there's a degree of truth to it. OK, it's going to cost a bit and it's perhaps not as exciting as buying a few coins, but you might find it a good investment long-term? You can download 'Roman Base Metal Coins' or 'Roman Silver Coins' as ebooks for around £3.90 (€4.75) from Amazon, or a bit cheaper from the publishers Rotographic. Rather cheaper than an actual paper book that way. Amazon have previews too so you could look and see what you think? http://www.amazon.com/Roman-Base-Me...r_B00GK57ML4Just an idea!
Edited by Tom Goodheart 04/08/2014 2:22 pm
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Valued Member
 Netherlands
59 Posts |
I actually went out and bought the book you recommended! It's pretty OK, but it's somewhat basic and I kind of expected more explanations. That said, it's a great way to get a feel for obverses and reverses through the ages. Sometime in the (far) future I'd love to buy the Sears books or perhaps one of Sears' older editions.
But like most of you said, the stickies and the topics in this forum are perhaps the most helpful of all so far!
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Pillar of the Community
United States
513 Posts |
The nice thing about building up a library is you'll probably take less of a loss reselling your books if your interests change than selling your coins. :D
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Valued Member
 Netherlands
59 Posts |
I totally agree. While I am new to applied numismatics, I own and have read many books and articles by some of the more well known numismatists. Metcalf, Grierson, Blackburn, Kemmers, Pol and Coupland are names some people here will definitely know, and my bookcase has a shelf full of them.
But the coins themselves are only just now revealing themselves to me. I can't wait to learn what they have to say!
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Pillar of the Community
United States
513 Posts |
Many older books are in the public domain and are available online for free at university websites. Keep in mind when reading them that the information could be out of date, but they are still very interesting to thumb through sometimes.
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Replies: 16 / Views: 2,204 |