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Replies: 14 / Views: 1,137 |
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Pillar of the Community
United States
1549 Posts |
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Moderator
 United States
23731 Posts |
Other than what appears to be a misaligned letter A on the reverse, there is nothing that I can see that would make this coin sell for so much. Sear does not even list it as rare.
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Moderator
 Australia
16857 Posts |
I assume it's not just a typo. 
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 States
1315 Posts |
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Pillar of the Community
United States
4253 Posts |
I havn't the foggiest. 
Edited by Bing 07/30/2012 12:17 pm
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Valued Member
279 Posts |
nimbate bust of Christ on her breast?
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Valued Member
United States
209 Posts |
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Bedrock of the Community
United States
10045 Posts |
 quite a spread from estimate to selling price. I haven't any clue why of course.
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Pillar of the Community
United States
2044 Posts |
I looked around and could not find another coin like it anywhere on VCoins or ebay, so it must be rarer than Sear says it is? Are second reign coins rarer than first reign coins? Answers that I don't really know right now. I also looked around at other coins of Isaac II Angelus, with Alexius IV. There are lots of coins with similar designs during this era. I'm not too familiar with Byzantine coins yet.
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Pillar of the Community
United States
2044 Posts |
One thing that page doesn't describe is the legends, in the attribution. By this time, I believe the national language is Greek.
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Moderator
 United States
23731 Posts |
OK Doug, what's the answer? 
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Pillar of the Community
 United States
1549 Posts |
I don't know. The question is how a company as big as CNG could estimate a coin at $100 and the thing bring $14000. CNG is famous for underestimating some coins and this is a much nicer than average specimen of a rare type but that would explain something like a 5 times estimate not 140x. If they did mean to estimate $1000 it is still 14x. I don't know anything except there are some Byzantine collectors with a lot of free cash and this is a very nice coin from a period known for producing ugly trash. I also know that there are some people out there who get into a shoving match and get as much fun out of driving up prices on their competitors as from winning. I assume that a bid that high means someone else bid $13000 and that suggests there were two people with more money than I have that decided that they were going to win the coin whatever it cost. I'd love to see an identical one go up for sale next week so we can see what it would bring. Is the coin worth that price? It was to somebody.
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Pillar of the Community
United States
2044 Posts |
Auction fever explains part of the reason. The coin does have decent eye appeal as well. Although, I'd never spend that much money on a coin.
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Moderator
 United States
23731 Posts |
I think I may have found the answer, David Sear's book quotes a price realized at a Dumbarton Oaks sale some years ago. In a 2008 auction held by Morton & Eden a simular coin sold for $3140.60, this coin appears to be the second example ever found hence the high sale price.
Edited by echizento 07/31/2012 09:00 am
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Pillar of the Community
United States
1316 Posts |
I think cngcoins saw the coin on Craigslist in Anchorage. They must want to jump in the action...... 
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Replies: 14 / Views: 1,137 |
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