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oxos's Avatar
United States
422 Posts
 Posted 12/16/2011  10:37 pm Show Profile   Bookmark this topic Add oxos to your friends list Get a Link to this Message Number of Subscribers
I just joined the forum and am taken back at the very useful answers and genuine helpfulness you folks offer here. That's totally cool.
I collected pennies when I was a young kid back in the sixies and handed them off to my brother when I left the area. He now collects US silver coins and has done well with them.
I don't want to go where he is going and because do a lot of studying in the Bible, I am very interested in not only Biblical coins but Roman and Greek as well.
As I haven't purchased a single coin at this point, I want to get off on the right foot with my collecting.
My question is, would it be better to start with a batch of uncleaned Roman coins and take the time to clean them and learn their history as they are cleaned or have a systematic approach, spend the extra money on certain era coins and then collect them as I have the money to buy them?
Thank you for the time to answer this probably much asked question. You guys rock! Best regards,
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jessvc1's Avatar
United States
2596 Posts
 Posted 12/16/2011  10:41 pm  Show Profile   Bookmark this reply Add jessvc1 to your friends list Get a Link to this Reply
I guess you could start by reading as many posts here as you can and some of your questions might be answered that way. There is quite a mix of different level collectors here. I am I guess you can say a beginner collector with the ancients from the info and experience perspective and still learning but have learned so much in the past few months on this forum. My interests have leaned more from US coins to ancients.
Edited by jessvc1
12/16/2011 10:48 pm
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echizento's Avatar
United States
23731 Posts
 Posted 12/16/2011  10:56 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
to the community.

You will find a lot of knowledge here so feel free to ask questions. Before you start buying coins, spend a little money and buy some of the basic books that are available. Wayne Sayles has a series of books that covers all area of ancient coins. They run about $25 each are excellent. Another excellent book for about $25 is the Handbook of Roman Imperial Coins by David Van Meter. These few books will give you the basics and help you deside what you want to collect. There is also tons of information on the web. And vist us here often and ask questions.
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oxos's Avatar
United States
422 Posts
 Posted 12/16/2011  11:07 pm  Show Profile   Bookmark this reply Add oxos to your friends list Get a Link to this Reply
Thanks guys. I did go to Amazon and find Wayne Sayles books on the subject, along with David Van Meter's book as well. Would 'Guide to Biblical Coins' by David Hendin be worthwhile, although a bit pricey? Thanks again.
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echizento's Avatar
United States
23731 Posts
 Posted 12/16/2011  11:16 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
That's also a good one.
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Gil-galad's Avatar
United States
2044 Posts
 Posted 12/16/2011  11:23 pm  Show Profile   Bookmark this reply Add Gil-galad to your friends list Get a Link to this Reply
I've learned a lot here and done tons and tons of reading online and what few PDF books I could find. I've also been buying coins. I have purchased about 8 coins and 2 were given to me. I have about 10 more on the way in the mail system. I'm just learning as I go along and decided to collect as many Roman Imperial coins as I can. I'm mostly looking for as many rulers as I can find for an affordable price. Although, your collection strategy may differ.

Not to mention the books that were just mentioned. Here are a few sites that you may wish to look around.

FORVM ANCIENT COINS
Wildwinds
Dirty Old Coins
Doug Smith's Ancient Coins

Here are a few, more than enough to get started with online material.
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Bing's Avatar
United States
4253 Posts
 Posted 12/16/2011  11:33 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
First,

We are more than happy to have new people not only join us here on this discussion board, but also to the hobby of collecting Ancients. I started as you did, but it was pennies back in the '50s. In the 80's I changed over from collecting U.S. coins to Ancients and I have never regretted it. These, the Ancients, I can hold in my hand and not worry about getting my fingerprints all over them.

Answering your question will not be easy as we all have our own opinions about these things. Echizento is right about gathering reference materials and the ones he lists are excellent to begin with. Jessvc1 is also correct. There are a lot of good posts that can offer insight into the hobby. Doug will probably tell you that you need to have the references in hand, and again he will be right.

But, I have my opinion as well. Investing in expensive reference materials before you even know if you like this hobby seems possibly wasteful. I think I would start by collecting a coin of reasonable quality/condition and see what references I could find on-line. There are a ton of on-line references, and if you want us to list some, that's not a problem.

Personally, I don't recommend the uncleaned route, but others may. I have never had much success with the lots you can buy. They have been thoroughly examined at least three times for coins of any value before they are sold as uncleaned lots. My experience is 70% of the coins you will get will be unattributable and basically worthless. I succumbed to temptation a couple of weeks ago and purchased a lot of uncleaned provincials. So far, not one is attributable (but I'm still working and hoping). You will pay at least $2 percoin and perhaps have one in 10 worth that amount.

There are plenty of good quality 3rd and 4th century coins for sale on the internet under $10. Take a look at this link: http://www.ebay.com/itm/27087221475..._3374wt_1396

The coin may go up in price, but I doubt it will sell for much more than $10. Shipping is not too expensive on this coin either. That's just an example. This coin is what is called a "campgate" coin. Some people collect the various campgates from each emperor and mint (that's a ton of coins though). It is just one strategy. Look for the "Fallen Horseman" types. They can be plentiful as well.

Stay away from high-end coins unless you work with a dealer with a good reputation. There are too many fakes of these coins and new collectors are the ones to get burned the worse (I know). For good quality coins and reputable dealers take a look at vcoins.com. You may even see something there you would like to buy (I don't know your budget).

My point is, jump in and we will be there to help out. If you have questions (when you have questions), someone here will be able to answer or find the answer for you. The books can come later IMHO. If you want to pick out a coin and ask our opinions, that will be fine too.

I know I have prattled on, so I will end here with another welcome to our community and hobby.

Regards,

JW

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TJsCoins's Avatar
United States
3229 Posts
 Posted 12/17/2011  12:30 am  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply


I agree with JW.

Be sure to post a pic of your first purchace!
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Sap's Avatar
Australia
16834 Posts
 Posted 12/17/2011  04:51 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Would 'Guide to Biblical Coins' by David Hendin be worthwhile, although a bit pricey? Thanks again.

If "Biblical coins" are going to be a key collecting focus for you, then yes, get this book. I don't have a copy myself, because Biblicals aren't a major focus of mine - you'll find that once a coin is considered part of the "Biblical" series, the price doubles - but I've only heard good things about the book. I've considered buying a copy sometime, anyway. It is, for example, considered the standard reference work for Jewish Revolt coins and Romano-Judaean copper coins.
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
Valued Member
oxos's Avatar
United States
422 Posts
 Posted 12/17/2011  12:22 pm  Show Profile   Bookmark this reply Add oxos to your friends list Get a Link to this Reply
Thanks again guys! One of the reason's I joined this forum was for exactly what you all just did. Give a complete newby your time and wisdom. All sound advice.
Last night I went to ebay and bid on 10 uncleaned Roman bronze coins from Austria. Bid starts at 10 bucks. Shipping will be another 5. So if I'm 'lucky' enough to pick up 10 ancients for $1.50 and only two or three are attributable (after reading your posts, maybe one, eh?) For the first go around I think I'll find out how much I really want to pursue this hobby. (however with that said, I'm already kinda hooked!)
If and when I get at least one that's worthy of an image, I will use that as an avatar. I am also a semi-professional landscape photographer and can take macro images of coins I believe.
Thank you all for your advice and once I get my first batch you can bet I'll be here asking what in the world I have! Regards to all.
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satxwd's Avatar
United States
321 Posts
 Posted 12/17/2011  4:24 pm  Show Profile   Bookmark this reply Add satxwd to your friends list Get a Link to this Reply
I have a certified Byzantine Empire gold coin. It's nice. I guess it all depends on how much money you plan on spending. I bought it when gold was much, much cheaper.
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Bing's Avatar
United States
4253 Posts
 Posted 12/17/2011  5:04 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply

Quote:
I have a certified Byzantine Empire gold coin. It's nice. I guess it all depends on how much money you plan on spending.


We would love to see the coin. Have you attributed it, and, if not, would you like for us to help with the attribution? I don't personally collect Byzantine era coins, but I find them interesting. There are others on this board who know a lot about them.
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oxos's Avatar
United States
422 Posts
 Posted 12/17/2011  9:21 pm  Show Profile   Bookmark this reply Add oxos to your friends list Get a Link to this Reply
Want to thank all of you again. Gil-galad the links to 'Wildwinds' and the 'Forvm Ancient Coins' sale sight consumed at least four hours of my time today. Thanks so much (I think). MY LORD! I never knew there was that many Imperial rulers from Rome. I am most intriqued with Vespasian, Titus, of course Nero, Tiberius, plus the Biblical coins mentioned in Jesus' time. There is a down side to this though. MY WIFE. I could literally spend a straight eight hours pouring over the Wildwinds site, every day for a month. Unfortunately she'd walk out on me I'm afraid. :)
A quick question. Are the prices on the Forvm sales site pretty accurate for these coins. I know they are in descending value for more common or in poorer condition toward the bottom of their listing. But if I bought a Constantine the Great bronze for $45, am I safe in assuming that it would actually be worth that amount? Thanks again.
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Gil-galad's Avatar
United States
2044 Posts
 Posted 12/17/2011  10:06 pm  Show Profile   Bookmark this reply Add Gil-galad to your friends list Get a Link to this Reply
Better watch out for buying popular coins and get as best a education as you can get. That's the best defense against getting ripped off and buying fakes and tooled coins. Tooled coins are those that have been re-engraved by a modern sculpture for the purpose of deception. They take a near slug or a coin with few features and work on it.

I think the FORVM shop is somewhat expensive but you will be guaranteed a real authentic coin with a lifetime guarantee of authenticity. That's not to say that the owner can't make mistakes, but if one is made, I'm sure they will negotiate and that's a good guarantee.

Or you can brave the rapids, looking for better prices and real coins. I've done it and have had decent success at it. Mostly, I look for less popular coins that it would be less reasons to fake.

I honestly say to avoid coins of Nero, Tiberius, coins of Pontius Palatus, etc. In the beginning of your education anyways. Unless you don't mind paying very high prices at reputable dealers.

Just like I was told before. It's a hobby, so relax and enjoy but don't let it take over your life.



Pillar of the Community
United States
1549 Posts
 Posted 12/17/2011  10:11 pm  Show Profile   Bookmark this reply Add dougsmit to your friends list Get a Link to this Reply
When you buy from a full service, good reputation, unquestionably honest dealer that provides hand holding along with the coin you pay a bit extra for the added comfort than you could expect to pay buying a similar coin from one of us here on the list. If you turned around and tried to sell that $45 Constantine to a dealer I doubt you would get $20 --- perhaps $10. Many dealers would refuse to make an offer unless they saw something unusual in the coin since common Constantines are easily available and they might not want to tie up cash in buying another. If you are interested in making money on coins, ancients may not be the way to go. Most of us are here because we like the things. We occasionally accidentally make a good buy that might turn a profit in a short time but usually will have to wait a while before the wholesale market catches up. I consider the money I spent on coins last year a lot like the money I spent in restaurants. It is gone but I enjoyed it while it was leaving. The coins are at least worth more that yesterday's supper. My grandson may someday sell my collection and may even get as much for them as I paid for the coins, for the books, for the gas driving to coin shows etc. etc. etc. A coin is worth what you are willing to pay for it. For $45, I'd expect quite a nice Constantine but I am known as a cheapskate.
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oxos's Avatar
United States
422 Posts
 Posted 12/17/2011  10:59 pm  Show Profile   Bookmark this reply Add oxos to your friends list Get a Link to this Reply
I find myself always getting into something all the way, so your advice Gil-galad is well taken! Unfortunately I'm an info junkie. I like to know as much as I can, but just in the little amount of time researching this subject I see where it could indeed consume much of my time. I don't really want to get into this as a money maker as I can't really afford gold or silver coins even at this time. (and I think this is where appreciation might come in in due time). I just want to handle coins that might have been in circulation at the times of Christ and the apostles. Constantine is also interesting as he legalized Christianity. I do want to collect something from his era, albeit maybe a cheaper piece. The one I was looking at came from the Marcel Jungfleisch collection and maybe that is why there was a premium attached to it, as it didn't look really that great, but I'm such a newbie that I confess I couldn't tell you one way or another what is valuable at this time. I will get better as I do my research though. So to your point dougsmit, I will consider money spent as a learning/rewarding experience rather than making any money. Best regards to all!
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