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Valuing High Grade Ancients

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oh my florin's Avatar
Australia
1006 Posts
 Posted 04/08/2015  09:01 am Show Profile   Bookmark this topic Add oh my florin to your friends list Get a Link to this Message Number of Subscribers
Just wanted to find out how people go about putting a value on high grade ancients? Generally previous auctions are a nice start but they are rather scarce and often sometime ago, in different grades and conditions.

In particular how would you value the following coin I have done quite a bit of research on it but would like to see how others here would approach the question of value.





Valuing-High-Grade-Ancients
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 04/08/2015  09:21 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
When it comes to having an idea of current value of high grade ancient coins, the best way is to look up near equivalents on VCOINS.
Edited by sel_69l
04/08/2015 09:22 am
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Athalbert's Avatar
Spain
629 Posts
 Posted 04/08/2015  09:26 am  Show Profile   Bookmark this reply Add Athalbert to your friends list Get a Link to this Reply
How can you put a value to one Picasso?
Is quite simple...
...in fact you canīt, you only can estimate the demand.
You can see that in last auction in Germany a coin as rare as yours gets XXXXX, so you puts an estimated price of 80% of xxxxx.
Nobody is going to claim if you get more money than the amount that you initially estimated, and everybody will say that: "this auction has been wonderful!"
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echizento's Avatar
United States
23731 Posts
 Posted 04/08/2015  1:47 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Vcoins and Ancient Coin Search (Acsearch.com) are I think the two best references to use to determine a value.
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paul27613's Avatar
United States
152 Posts
 Posted 04/08/2015  3:12 pm  Show Profile   Bookmark this reply Add paul27613 to your friends list Get a Link to this Reply
I have to strongly agree with Echizento. acsearch.info or coinarchives.com can give you auction insight. Vcoins.com will give you retail sales insight. The far ends of the spectrum are hard. You may struggle to get insight into low grade and common coins. Conversely, with super duper, tip top, mind blowing grade coins, you might not find a whole lot on the above websites.

3 sites everyone should use for comps:
acsearch.info
vcoins.com
coinarchives.com

Hmmmmm............RESEARCH on cngcoins.com of course could be part of this mix.

Paul
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 04/08/2015  3:19 pm  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply
My approach (OK, for late-mediaeval, but it's the same idea) is initially eye appeal.

Is the design centrally struck to the flan? Is the flan broad enough to take all the design or are details dropping off the edge? Is it evenly struck or are there weak areas?

Central, evenly struck with as much as possible of the design is what I aim for. Obviously a sharp strike with little wear is preferable, however a worn example can be more pleasing (to me) than a better grade coin where part of the legend or design is missing or off-centre.

Then, I compare the example I'm looking at with as many other examples as I can. Does it compare well? Is it better than average? Ideally I want better than average to justify paying more than the general going price.

Finally does the coin have any other plus features? I find some toning generally preferable to none, but it's got to be balanced. Again a matter of personal preference. If a coin has provenance to an earlier collection/ collector (particularly if well-known) that too is a bonus to me.

For a better than average example of a coin I want, particularly if it's toned pleasantly I will pay 50%-100% over 'book'.

Sadly I have no knowledge of your coin or the series so can't tell if it's nicer than most. To me there's a little legend just clipped by the right hand edge and what appears to be a small degree of wear to the highest hair on the obverse and robe/knee to the reverse. Otherwise it's a very nice looking coin to my eyes.

If that helps at all?

.
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oh my florin's Avatar
Australia
1006 Posts
 Posted 04/09/2015  08:58 am  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
Thanks everyone for the insight I found it exceptionally valuable. Thanks for the overview Tom Goodheart I ended up purchasing the coin can't wait to see it in hand.
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