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 Replies: 9 / Views: 1,737 |
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New Member
Serbia (Srbija)
7 Posts |
Hello to all, I am not a collector. I just have some raw coins I wish to sell and this Roman coin is number one in the queue. First of all, I would like to ask if something is wrong with my coin. I offered it to a dealer from England but got no reply, then to Heritage Auctions - again no reply, asked for info and opinions on ForumAncientCoins and got no replies yet. I would really like to know if something is wrong with it. If the coin is OK, I would like to know your opinion on how much money I could expect for it. I saw the same coin (Aelius RIC 432) in a very similar condition sold on an auction for $600. Also, two sites are offering it for 700 euros and 770 euros. Still, I would like to hear opinions from you experts. I would also like an advice on where to sell the coin, since I'm from Serbia. Would ebay be the best place or somewhere else? I wish to sell it relatively fast (within a week or two, not wait for months) and get a fair amount of money. Please answer, as I really need the information. Thank You!   |
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Moderator
 United States
23731 Posts |
This forum is for collectors of Ancient Coins and not used as an appraisal source so you can sell your coin. I recommend you do your own research, the information is available on the web.
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Valued Member
United States
356 Posts |
If this coin is authentic, and I have some doubts, I feel it would be worth maybe $100, as a nicer one sold a year ago for $200 on CNG.
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New Member
 Serbia (Srbija)
7 Posts |
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Moderator
Australia
16858 Posts |
It is difficult to value your coin, because it does have... problems. "Cracks" are normal on Roman silver coins from this time period, what is not normal are the scratches on the surface of your coin, on both sides. Such damage is often called "trowel damage", though it usually comes about from people hastily checking excavated coins to see if they have a silver coin or not. As for a lack of response from elsewhere, FORVM have a policy of not discussing valuations of coins people are trying to sell. And the coin dealers and auction houses are bombarded with similar questions every day, and the large majority of enquiries about coins that come from your part of the world are people attempting to legitimize their fake coins or launder their stolen coins. ebay will get you cash, quickly. Going into a coin dealership will also get you quick cash. Neither of those options will likely get you anywhere near what the coin might get if it were sold the "slow way", through an auction house. 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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New Member
Serbia (Srbija)
7 Posts |
Thanks a lot Sap for your post!
So, these "cracks" (that term was first on my mind) are not that important? I mean, the fact that my coin is "solid" will not bring too much value?
BTW, that about "my part of the world" already crossed my mind as an explanation, but not for reasons that you mentioned (I thought maybe because of shipment or something like that). It's funny, the way people generalize in all parts of the world (not you, I mean those dealers for example). There are cheaters everywhere and business is done with persons, not parts of the world. I would still have to pass all their checks like anyone else. Of course, it's easier to just cut off my part of the world and me along with it. Leads to a conclusion that there are flaws in all parts of the world, just different ones (or maybe the same).
Edited by Edge82
05/11/2016 11:00 pm
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Valued Member
United States
356 Posts |
I think it is probable that whenever a new member comes to the forum, regardless of where they are from; starts talking about a coin they have for sale many members are suspicious. I know many auction houses have created policies of selling only multiple coins or high end coins. CNG recently enacted a new $2,000 policy. Thus, why no response. I've also noticed that the major houses offer a level of customer service I find sub-par. One of my clients has spent six figures on Greek and Roman coins with a major house, starting with H, and while he is happy with his purchases he finds the service mediocre. I'm sticking with my initial assessment that this coin, if authentic would be lucky to go for 100-140 via CNG; on ebay far far less. |
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New Member
Serbia (Srbija)
7 Posts |
Thanks caesar77! Funny, though, how people have different opinions about ebay. I recently read a thread on ANA's forum in which some people were recommending ebay. Someone said that customers tend to pay more on ebay. |
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Valued Member
United States
61 Posts |
Not so! The average price of an Aelius denarius on ebay is..... $120! This may sound counter-intuitive but for coins worth less than about $200 selling on ebay is nearly always the better route. Ras |
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New Member
Serbia (Srbija)
7 Posts |
Thanks Ras for your post! Well, I'm close to a decision to try selling my coins on ebay. I thought maybe to help someone who reads this thread and is in a similar situation, by throwing this link: https://goccf.com/t/115129&whichpage=1It's a very interesting and useful thread. |
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Replies: 9 / Views: 1,737 |
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Posted 05/11/2016 3:53 pm
