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 Replies: 14 / Views: 1,493 |
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New Member
Croatia (Locally: Hrvatska)
18 Posts |
Hello I've been posting a bit about my Diocletian half solidus, and now I wonder what is the best way to sell such coin. I think that it is most expensive coin, so I don't want to sell it on ebay for bargain. What are the best auction houses for antic Roman gold coins? |
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Bedrock of the Community
Australia
21788 Posts |
Sear refers to the post reform gold coinage of Diocletian as Aureii and Quinarii, struck at 120 and 60 respectively, to the Roman pound.
A quinarius (half aureus) of Diocletian is a reasonably rare denonination, thus the coin is too.
Despite the fees that auctioneers charge, the potential value of this coin certainly justifies the use of an auctioneer with an excellent reputation in this case.
Along with the auctioneer's description of the coin comes the expertise of the describer, who by inference, authenticates the coin. An auctioneer with an excellent reputation cannot afford to have coins mis described, it will damage their reputation. That in part, should help to justify the auctioneer's fee.
One of the first things a good autioneer will do is search their very extensive data base and links to any other data base that may help them, to help establish the coin's authenticity. Some wealthy buyers of valuable ancient coins only buy from international auctioneers for this reason.
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Bedrock of the Community
United States
20753 Posts |
 Always good to have people from all over the World here. I would think the modeators would have moved this to the World coin forum but there are way more people here anyway. |
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New Member
 Croatia (Locally: Hrvatska)
18 Posts |
Thanks on answers. Is there any way to determine that coin is 100% authentic? Do I have to send coin someone to give me some sort of documentation of authenticity or what? What percentage is usual auctioneer fee?
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Bedrock of the Community
Australia
21788 Posts |
Caesar: If you send the coin to a top European auction house, and they find that they are not happy with it's authenticity, they should just send it back to you, explaining why.
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Valued Member
United States
70 Posts |
Quote:
Thanks on answers. Is there any way to determine that coin is 100% authentic? Do I have to send coin someone to give me some sort of documentation of authenticity or what? What percentage is usual auctioneer fee? If you want the authenticity verified I would suggest submitting the coin to either PCGS or NGC for grading and slabbing. They're recognized as the top Third Party Grading services here in the U.S., and I believe in other countries as well. Here are the links to their websites: http://www.ngccoin.com/MemberPortal/Login.aspxhttp://www.pcgseurope.com/Submit?l=en |
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Pillar of the Community
United Kingdom
2891 Posts |
The thing is coin slabbing by those companies is a USA centered thing and they don't have much experience with ancients. Additionally most collectors of ancients do not like slabs, so it's going to be a waste of time anyway. Sending your coin for auction to one of the big name auction companies such as those listed on sixbid is your best bet.
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New Member
Croatia (Locally: Hrvatska)
18 Posts |
Thanks, I send pictures to one of those listed on sixbid, waiting for reply from them.
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Bedrock of the Community
United States
12437 Posts |
Quote:
If you want the authenticity verified I would suggest submitting the coin to either PCGS or NGC for grading and slabbing. PCGS does not slab ancients, only post-16th century. |
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Pillar of the Community
United Kingdom
4208 Posts |
I agree - get it authenticated.
We want pictures too!
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Pillar of the Community
United Kingdom
1351 Posts |
Look at previous results of some of the sixbid auction houses.Some don't charge sellers commission but look what they charge for buyers commission on the hammer because potential buyers factor this in.
One of the big boys (Spink) have a world wide reputation but there is no harm in sending pictures to a couple more.
The internet has nicely opened the world market.
There is no harm in doing your own google search on where previous examples/similar coins have been sold.
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Moderator
 United States
189696 Posts |
Moving this to the 'Ancient, Greek, and Roman Coins' forum for more focused attention.
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Pillar of the Community
United States
4253 Posts |
Post the images so we can comment. Also,I was wondering about the antiquity laws in Croatia. I have been there and I have bought coins without problem, but sending outside and then the coin returning to the sender might be problematic. Just thinking here.
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Valued Member
United States
209 Posts |
I visited Croatia years ago and I think it is one of the most beautiful places I have ever been. It would be nice to visit again someday. Also, we would love to see what your coin looks like! |
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New Member
Croatia (Locally: Hrvatska)
18 Posts |
Croatian law is such that it has a lot of holes in it, but the holes are only to facilitate the government and their players to use them to their advantage. They usually do not make problems if the coin is worthless, but if it is something more valuable, they can easily take away a coin because surely you do not have a written document that an old Roman personally gave that money to you. By law, I would have to report that I have such a coin, and then prove that I legally own it. And it is not legally if the coin is not bought from the state museum. In Croatia, the laws are very, very strange, but they are rarely enforced, just when it's big money at stake, and it is unfortunately, the case here. But as there are holes in the law, and I'll try to squeeze through one of them.
As for the coin images, for now I can only give you the ones modified, black and white, which are located in another subject topic I opened.
Edited by Caesar
10/22/2012 1:04 pm
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Replies: 14 / Views: 1,493 |
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Posted 10/21/2012 08:17 am
