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Anyone Familiar With The Market For Older Poland Coins?

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tdziemia's Avatar
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 Posted 06/30/2018  12:39 pm Show Profile   Bookmark this topic Add tdziemia to your friends list Get a Link to this Message Number of Subscribers
I've been getting more active adding to my collection of coins of the Kingdom of Poland (so, roughly 1000 to 1792), and was wondering if anyone can comment on the current market for Polish coins. I've noticed these things:
- there seem to be more auctions based in Poland (or maybe they have always existed, and they are more accessible through Numisbids)
- the percentage of slabbed coins for 16th c. onward seems unusually high for auctions held outside the U.S.
- there are some crazy prices being paid for the earlier medievals. In the recent Warszawski Dom Aukctjny auction, among the 138 lots of 10th to 14th century coins (so, virtually all denars and bracteates), I counted 20 that fetched over $1,000, and another 23 at $500 to $1000. Tops was a Boleslaw I denar that pulled down 105,000 zl ($30,000). https://www.numisbids.com/n.php?p=l...=2460&lot=68
I don't know I've ever seen a price like that paid for a medieval denar.

I had read some time ago (late 1990s and 2000s decade) that this market was pretty hot. Is that still the case? And if so, why?
Edited by tdziemia
06/30/2018 12:41 pm
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Spence's Avatar
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 Posted 06/30/2018  3:58 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Yikes that is a lot of dough for a small silver coin that has only about half of the details visible! Not sure on upward trends for high-end medieval Polish coins. I'm still using Kopicki for my determination of fair pricing.
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 Posted 06/30/2018  6:54 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
It is not my area but from what I can tell you can still purchase the 1620s-1630s poltoraks for a few dollars each, and the 1660s Casimir solidi for that or less.

However, the Jagiellon & especially lately the Piast coins always seem to be going for a good sum, and the bigger Vasa coins (ort and above) seem to be selling also.

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Edited by paralyse
06/30/2018 6:55 pm
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tdziemia's Avatar
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 Posted 06/30/2018  7:50 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
Yikes that is a lot of dough for a small silver coin that has only about half of the details visible!


That was my thought, too. I should be more knowleldgable about this market, but I think this might be the first Polish coin that bears the sovereign's name in the legend. But another 20 denars and bracteates in one auction bringing over $1,000 each? That's my real question. What's driving that?

I am also reading that cryptocurrencies are very hot in Poland. Is this the same money flowing both places?
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 Posted 07/01/2018  1:40 pm  Show Profile   Bookmark this reply Add PatAR to your friends list Get a Link to this Reply
There was a sizable upsurge in prices paid for medieval in general circa 2010-2012. It has since dropped far below that point. Most common medieval can be had for a fraction of those peak prices.

The exceptions are nice uncirculated or otherwise condition rarity pieces (in the US mostly) which are bringing much more in proportion to actual rarity than I've previously seen for medieval coins.

My exposure to medieval Polish coins has been mostly common pieces which are very affordable so I cannot comment on Polish rarities in particular.
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tdziemia's Avatar
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 Posted 07/01/2018  6:17 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
you can still purchase the 1620s-1630s poltoraks for a few dollars each, and the 1660s Casimir solidi for that or less.
However, the Jagiellon & especially lately the Piast coins always seem to be going for a good sum, and the bigger Vasa coins (ort and above) seem to be selling also


I agree. Small denomination silver from roughly the mid-1400s seems to remain reasonably priced in average grades. For 1500s, I have been looking at slightly larger denominations with a portrait (gros starting at the 1520s and trojaks starting with Batory). Again in average grade these are still affordable, but I am seeing more and more slabbed at higher prices. As you say, same for the orts in Wasa era.
I'd love to nab a thaler or even half (if I want a Wladyslaw IV coin, that's all that were made),but I think I'm dreaming.
And I am trying to extend back earlier in the Piasts which is getting very pricey.
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