Athenian owl tetradrachm genuine?

If anyone can help me with this tetradrachm. I was offered this tetradrachm by one collector for 400 eur. Is it original and is the price too high? I am not experienced with Greek silver coins. Weight is 16.8 g.
Thanks in advance.

 

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Yes

Yes

 

Thanks. Which would be a fair price?

 

Here are some that sold at CNG..
https://cngcoins.com/Search.aspx?PA...R_TYPE_ID_2=1&SEARCH_IN_CONTAINER_TYPE_ID_4=1

 

In that grade $100 would be the highest price one should expect, but if you look around you will find a much better example and cheaper.

 

Your coin looks ok to me, but €400 is way too much! In that condition, I'd not pay more than €60 (about $65) for it.

 

I think it is probably real, but very overpriced. I got my new style tetradrachm in much higher grade for $320. You can do better. Pretty much any auction will have something nicer you can snag for less than €400, buyer’s fees included.

 

This thread raises a question I have been pondering. We know that the recent hoard flooding the market has ade it possible for many people to get the owl of their dreams. Most people who have a desire for just one owl prefer the Classical style which is what is in the new group. Previously, many of us 'settled' for a late owl from the dumpy period because they wee cheaper. I wonder if the current ease of finding really nice, classical style coins will reduce the demand for the space filler owls and make the late, the worn, the off center 'factory second' owls harder to move. Certainly the coin in question is worth much less than the asking price but are we really at the point that you can get an owl tetradrachm for $65? The flood of really nice coins might have an effect on the higher end market or not depending on just how many people want multiples of exceptional coins. Will it also lower the price on the coin of styles not included in the new batch?

 

Certainly not. While the coin is question isn't worth the asking price it also is not worth as little as $65. Even my estimate was a bit on the low side. A very quick look around at fixed prices shows me that the cheapest of these start around $125 and quickly get more expensive. Now, I understand, one can easily find plenty of auction results of very low prices, but there are always exceptions in the market. In my 30 years of being a dealer I have seen where a lot of people have unrealistic expectations of value, both high and low. My responses are usually the same, if you can find them that cheap let me know and I will buy all that I can.

As to the current hoard. Prices have already come down. Dealer prices for those were initially just under $1,000, less if you bought 10. I have seen plenty nice examples hammer in the $600-700 range (add $100 or so for the commissions). But then again, I have never quite understood the series of coins. I have seen examples with near full crests, well centered, EF, no problems, sell for under $1,000 and in the same sale one I felt was not as good selling for double. Its a weird series of coins.

 

It is not from Athens. It is a imitation minted in Arabia. It is smaller and lighter weight. All the coins have an S on the cheek. Yours is faint but there

 

Nicer examples sell for about $200-250.

 

Okay. Now I am Confused. "Late Owl"???
What is a "Late Owl" (or an 'early' owl for that matter),and,
What sort of Owls do I have? (Because of my budget, I am presuming 'late' owls.)

APULIA Teate SNG Cop. 690 var.
225-200 B.C.E.


Sicily Kamarina Tetras Athena Owl Eule 3.46 g 15 mm SNG Cop. 169.
420-410 B.C.E.

 

And in-between classical and late there was mine:


ATTICA, Athens.
After 393 BC. AR Tetradrachm (19 MM 16.67 gm). Helmeted head of Athena right, wearing crested Attic helmet with three olive leaves over visor and a spiral palmette on the bowl / AQE, owl standing right, head facing; olive sprig and crescent behind; all in an incuse square. SNG Copenhagen 63; BMC Attica pg. 13, 129; Svoronos, Athenes pl. 20, 1.
Previous: Savoca Coins

 

@AussieCollector
Aha! So the 'Kamarina' is 'Classical' and the 'Apulia' is 'Late'?
One of each. Good. Thank-you.

 

This is a rather unusual Owl. I bought it at the Denver Summer ANA. Tetradrachm of Athens Circa 420 B.C. Obv. Flament Group III 16 Rv. Flament Group II r. 17.18 grms 22 mm

 

When discussing "classical" and "late" Owls... my understanding is that we are discussing Owls from Athens.. not from other cities or regions that minted coins that happened to have an Owl - which are a different type?

I may be completely wrong (and I don't own either... yet... and I love your coins).
Maybe an experienced collector can clarify? These are so far out of my reach (at the moment) that I have not read much about them .. just admired.

 

@Clavdivs
Oh! That makes sense. Thank you.

 

Yes you can, but it won't be very good..