| Author |
 Replies: 19 / Views: 2,383 |
|
Pillar of the Community
United States
4778 Posts |
I've sent an offer for a lower price twice to the seller but they haven't responded back (I sent them like 2-3 weeks ago, and my offers weren't unreasonable), and I really want the coin. It seems like a decent price but I want to check with you guys: does this look like a $27 coin, or should I continue looking for a better one for the price? Thanks. Philip I  Edited by VisigothKing
02/25/2012 11:16 pm
|
|
|
|
Pillar of the Community
United States
1549 Posts |
It is a very common coin often available with better silver and less porosity and edge drama. $27 is not a bargain but may mean that the seller paid too much and believes you or someone will pay it eventually. The question is just how anxious you are to have the coin and have it now.
|
|
Moderator
 United States
23731 Posts |
$27 is OK. In this condition I wouldn't pay much more for it.
|
|
Bedrock of the Community
United States
10045 Posts |
I saw that very same coin on vcoins. If the seller doesn't respond, I might skip him. This one is more, but I can recommend the seller--and he's accepted my lower offers (~10-12% off). |
|
Pillar of the Community
 United States
4778 Posts |
Thanks guys. I'm fine with it not being a steal, as long as it isn't a terrible price. I'll send one last offer that hopefully they will respond to.
|
|
Bedrock of the Community
Australia
21788 Posts |
|
|
Pillar of the Community
United States
4778 Posts |
I had sent an offer of $23 shipped to the seller, and they sent an email back rejecting it and saying that it was already priced way below retail.
I'll take some time to think about whether or not I'll still buy it at the original price.
|
|
Pillar of the Community
United States
870 Posts |
27 isn't unreasonable. However, Philip I coins are very numerous and for a few dollars more you can get an exceptional Choice VF - EF coin. When it comes to the common emperors, I think you would do well to get a better example. Here is my Philip I. I think I payed 35-40 for it.  Edited by MartiVltori
02/26/2012 10:57 pm
|
|
Pillar of the Community
United States
3499 Posts |
Everyone- So why is it that Silver coins of Philip I are so common and cheap in better grades? Was some huge hoard found? Were there some circumstances which have allowed for so many to survive? I'm just curios since they seem to be everywhere.
Also, what is is good price for a nice choice VF or XF? Is $60-70 about right?
|
|
Pillar of the Community
United States
870 Posts |
One of the main reasons is the sheer number of coins that the mints were producing at this period of time. Not anything to do with Philip I specifically but most of the 3rd century emperors in general. Rome was in crisis in the 3rd century and spending (and minting) money in large quantities. Because of this, currency was also severely debased during this period. The antoninianus was a bronze coin by the end of the century.
As for price, it depends on the type of course, but like I said I think I paid no more than 40 for my Philip and it is choice VF. I have lots of other coins from the 3rd century that are in incredible shape and were very affordable. In general, 40-60 will get you a nice VF-EF coin from several different 3rd century rulers.
Edited by MartiVltori
02/27/2012 02:02 am
|
|
Pillar of the Community
United States
870 Posts |
Here are a few more of examples of some third century beauties. These are all among the lower priced coins that I have. Maximinus Thrax:  Gordian III:  Philip II:  Decius:  Aurelian:  Probus:  Edited by MartiVltori
02/27/2012 02:09 am
|
|
Bedrock of the Community
Australia
21788 Posts |
I think that the antoninianii of this period represent just about the best value for money in Roman coins. This is despite (or because) of the fact that nice examples can be fairly readily obtained.
Marti has explained why.
|
|
Pillar of the Community
United States
1549 Posts |
Note that the OP coin is not at all worn from circulation but has suffered from the effects of being buried in the eatrh. It was probably a field find. The same coin that was buried in a pot or in the center of a group of a thousand coins would look better. Had it been buried in dry soil in Egypt it would look better than one from a fertilized field in Europe. There are many, many hoards of these coins including some numbering in the tens of thousands. Far from all have been written up or studied. I suspect even more were found and melted because local laws forbid owning them but a silver bar is harder to trace. I have seen bags of at least 500 decent condition antoniniani of Gordian and Philip in the hands of wholesale dealers at shows 20-30 years ago. I always wondered what happened to the lower quality ones. I always wonder how many more lie buried somewhere yet to be discovered.
|
|
Pillar of the Community
United States
2044 Posts |
I'd probably try to negotiate for about $20, if you really want the coin. The seller might not accept, but I would make the attempt anyways. Looking at the current market, that coin is at $24 and about the cheapest you'll normally find in places like ebay and VCoins in buy it now type sales. You might want to try some auctions as well. Might take awhile doing that though. I did see one for $22.50, which is a bit cheaper. It's hard to tell which one is better from the photos. Yes, I saw your coin as well. |
|
Pillar of the Community
United States
4253 Posts |
Like most of the others said, coins of Philip I are readily available and at fair prices. I only buy coins in poor condition if I can't afford the higher priced coins of the same ruler. I have a very detailed Philip I denarius RIC 38b that I paid less than $30:   |
|
Pillar of the Community
United States
4778 Posts |
Quote:
I'd probably try to negotiate for about $20, if you really want the coin. Already tried. Seller said no. |
| |
Replies: 19 / Views: 2,383 |
Posted 02/25/2012 11:36 pm
