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Would This Be A Good Buy?

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Coinage123's Avatar
United Kingdom
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 Posted 01/10/2013  6:55 pm Show Profile   Bookmark this topic Add Coinage123 to your friends list Get a Link to this Message Number of Subscribers
Hello! I have been offered this coin for the price of £20. The guy isn't too sure what it is and to be honest, neither am I. It looks to me like a Valens siliqua, however I may be wrong? Before I committed to purchase this thing I thought it best to see what you guys think before I pull the trigger, ie does it look like a genuine piece and is it worth £20?(could the chip above the head be a put off?)
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Bing's Avatar
United States
4253 Posts
 Posted 01/10/2013  7:06 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
This is a very common Valens struck at Siscia, and unless there is something special of which I am unaware, this coin is not worth 20GBP. Maybe 5GBP IMHO.
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Gil-galad's Avatar
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 Posted 01/10/2013  7:08 pm  Show Profile   Bookmark this reply Add Gil-galad to your friends list Get a Link to this Reply
It's a bronze AE3 and not a bad coin. I think it's rarer than what RIC says it is, which happens to be C for common.

Here is a quick attribution for you.

Valens AE3. AD 367-370. DN VALENS PF AVG, diademed, draped & cuirassed bust right / SECVRITAS REIPVBLICAE, Victory advancing left, holding wreath & palm, star over R over O in left field, dot over M in right field. Mintmark ASISC. RIC IX Siscia 15b Type XX.

I can't tell you how much it's worth. But I personally would not pay close to $33 which is what £20 is approximately in USD. I would make a counter-offer of £10. But it could be worth close to that price if it's rare workshop configuration.


Edited by Gil-galad
01/10/2013 7:11 pm
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Bing's Avatar
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4253 Posts
 Posted 01/10/2013  7:10 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
It should be attributed as: Siscia RIC 15b
type xx Valens AE3. AD 367-370. DN VALENS PF AVG, diademed, draped & cuirassed bust right / SECVRITAS REIPVBLICAE, Victory advancing left, holding wreath & palm, star over R over O in left field, dot over M in right field. Mintmark ASISC.

http://wildwinds.com/coins/ric/vale..._015b,xx.jpg
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Coinage123's Avatar
United Kingdom
449 Posts
 Posted 01/10/2013  7:14 pm  Show Profile   Bookmark this reply Add Coinage123 to your friends list Get a Link to this Reply
Thank you for your speedy responses. Haha no wonder I could not find in on Wildwinds, The seller gave me the impression that it was "solid" silver!
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echizento's Avatar
United States
23731 Posts
 Posted 01/10/2013  7:16 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
From the images the coin looks like it's still have some silvering, that would raise the price a little but not to $40. I agree with Gil-galad $20 is more in line what this coin is worth.
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bobbyhelmet's Avatar
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 Posted 01/10/2013  7:21 pm  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
It certainly looks silver - It may be trying to look like a siliqua, I dont think this design was ever made in silver though

Even from these bad pictures something seems 'wrong' with it to me. Probably one to avoid unless you can put a bit of research in to find out exactly what it is or is supposed to be.
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Bing's Avatar
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 Posted 01/10/2013  7:22 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
Here is a similar coin for which I paid $12 in January last year: RIC 15b,xvii

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bobbyhelmet's Avatar
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 Posted 01/10/2013  7:24 pm  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
If the coin provides a brick wall - Does the seller look trustworthy?
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Bing's Avatar
United States
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 Posted 01/10/2013  7:25 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply

Quote:
something seems 'wrong' with it to me


While I don't see any monetary gain in faking such a coin, I would agree that something looks off. As x6 would say: Where there is doubt, there is no doubt.
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chrsmat71's Avatar
United States
4971 Posts
 Posted 01/10/2013  7:29 pm  Show Profile   Bookmark this reply Add chrsmat71 to your friends list Get a Link to this Reply
my first thought was "that looks strange", haven't seen one like that silvered. I would pass on that also.
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bobbyhelmet's Avatar
United Kingdom
2838 Posts
 Posted 01/10/2013  7:32 pm  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
In 'silver' and passed off as a siliqua maybe £50 would be achievable.

Not done any research at all (would like to) but suspect its a tourist thingy, not happy to condemn it but wouldn't buy it at present.


Quote:
Where there is doubt, there is no doubt.


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Coinage123's Avatar
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449 Posts
 Posted 01/10/2013  7:43 pm  Show Profile   Bookmark this reply Add Coinage123 to your friends list Get a Link to this Reply
I think I'll pass on this one then... As far as how trustworthy the seller is, I don't believe he knows what it is. He believes it's a "pure silver denarius".
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echizento's Avatar
United States
23731 Posts
 Posted 01/10/2013  7:46 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
I agree Bobby it does look a little off, it could just be the grainy pictures though. In any event these coins are very common and even in better condition so I'd hold off for a better one.
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Coinage123's Avatar
United Kingdom
449 Posts
 Posted 01/10/2013  7:54 pm  Show Profile   Bookmark this reply Add Coinage123 to your friends list Get a Link to this Reply

Quote:
I'd hold off for a better one.

Ok will do thank you all!
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bobbyhelmet's Avatar
United Kingdom
2838 Posts
 Posted 01/10/2013  7:59 pm  Show Profile   Bookmark this reply Add bobbyhelmet to your friends list Get a Link to this Reply
Checked a few fake reports and no matches as yet.

Obviously the metal itself is very odd but its also very round (makes me think mounts for earrings or a necklace) and the 'SPFAVG' lettering just doesn't look at home.

Gotta catch some zzzzzzzzzzzzzzzzs right now but might try to find out more tomorrow.
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