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How Would You Grade This Philip I Seleucid Tetradrachm?

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Archraz's Avatar
United States
3499 Posts
 Posted 11/01/2017  10:26 pm Show Profile   Bookmark this topic Add Archraz to your friends list Get a Link to this Message Number of Subscribers
Hi everyone, I just got this very nice, slabbed Philip I (95-75BCE) Tetradrachm. While it is professionally graded, I'm curious how you would grade it. Also, does anyone know where my coin was minted? Oddly, the slab does not identify the mint. Thanks!


How-Would-You-Grade-This-Philip-I-Seleucid-Tetradrachm?
How-Would-You-Grade-This-Philip-I-Seleucid-Tetradrachm?
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echizento's Avatar
United States
23731 Posts
 Posted 11/01/2017  10:33 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Nice looking coin, Borders are off flan on obverse and reverse, but the strike is very nice. I'd say 4/5 or Vf+
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louisvillekyshop's Avatar
United States
1306 Posts
 Posted 11/02/2017  12:42 am  Show Profile   Bookmark this reply Add louisvillekyshop to your friends list Get a Link to this Reply
Same here, VF+. Sadly I am biased and if a coin is really rare I often say "VF+ for one of these" when normally it is just VF but this coin of yours is a classic and is actually in a non biased opinion VF+.
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Archraz's Avatar
United States
3499 Posts
 Posted 11/02/2017  01:50 am  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
echizento & louisvillekyshop - Thanks for your thoughts on the grade of my coin! Hmm, now I'm starting to worry that the NGC people overgraded it. haha

Honestly, while I've been collecting ancients for about 15 years now, this is my first silver Hellenic tetradrachm. So I'm still learning.

I have no plans to sell my coin, but do you guys have any guesses as to the insurance value of my coin?
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/02/2017  02:17 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
All things considered:

wear
quality of strike
completeness of design
style
flan quality
patination.

I agree, VF+

For an insurance value, interploate Vcoins prices for averaging price vs. condition. Those coins are currently available for sale, so prices are current as well.
That way, you don't have to interpolate auction records for price vs date when sold.
You can include this information as well, but you need to have some idea of price trends in the international market over the period you decide to consider, for this coin type.

I will leave you to have a bit more fun for homework.
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Archraz's Avatar
United States
3499 Posts
 Posted 11/02/2017  5:16 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
echizento, louisvillekyshop, & sel_69l - thanks for the help and your opinions! Believe it or not, NGC graded this coin Choice EF. Do you think that they overgraded it? Either way, I'm happy with the piece as my first tetradrachm.
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moxking's Avatar
United States
17900 Posts
 Posted 11/02/2017  5:31 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
There is a pretty fine line between VF+ and EF. Although I very much appreciate NGC grading most of the time, it might be a tiny bit over VF+.

One thing for sure - I really love your selection.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/02/2017  5:39 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I think that NGC has over emphasized the wear factor, and graded that part according to Sheldon, not British grading standards.

Sheldon is only really useful for American coins, although it can be applied to World modern machine struck coins.

Sheldon should definitely NOT be applied to the wear factor in ancient coins.
As I have indicated above, there are a lot more other factors that contribute to the grading of ancient coins, although NGC seems to in part, recognize these other factors.

I just stick to the grading clues provided by the British and European auction houses, when it comes to the grading of ancient and hammered coins.
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Archraz's Avatar
United States
3499 Posts
 Posted 11/02/2017  5:51 pm  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
moxking - Thanks! I've loved ancients for quite some time, and I kind of feel like I've hit a numismatic milestone by finally taking a dive into finer and rarer pieces.

sel_69l - Thanks for the advice!
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antwerpen2306's Avatar
Belgium
1194 Posts
 Posted 11/03/2017  05:43 am  Show Profile   Bookmark this reply Add antwerpen2306 to your friends list Get a Link to this Reply
mint Antioch , for detail see :http://www.coinproject.com/coin_det...?coin=205717 .
Grading from a photo is not easy , in the hand a coin looks often better . albert
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Archraz's Avatar
United States
3499 Posts
 Posted 11/03/2017  10:04 am  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
antwerpen2306 - Great! Thanks for the help with the mint.
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echizento's Avatar
United States
23731 Posts
 Posted 11/03/2017  11:43 am  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Here is one of mine, yours shows more reverse detail than mine does.


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