You tube site "100 most expensive coins/ sold"

Discussion in 'World Coins' started by panzerman, Mar 22, 2023.

  1. panzerman

    panzerman Well-Known Member

    So they listed the top "100". Starting with #100 England AV Double Leopard 970K ending with the overhyped/ priced 33 Double Eagle 18.7M

    I counted 70 US coins/ some over 100 known/ rest were Russian/ Chinese/ Japanese/ British/ a 1621 Poland AV 100 Dukaten/ awfull Canada $1M Dollar coin stolen from Berlin museum type/ ugly. So where are items like the Mughal AV 1000/ 500/ 200/ 100 Mohurs? The Venetian AV 105 Zecchini/ Bohemia AV 100 Dukaten/ Transylvania AV 100 Dukaten????? Germany struck almost 20 percent of all coinage/ many unique ones/ not a single German one?
    But it proves how overpriced/ overhyped US coins are.
     
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  3. Cherd

    Cherd Junior Member Supporter

    This is actually one of the reasons that I moved into ancients (among many others). The US coin market by far represents the most "demand" driven price points, which means that the prices as a whole are peaked and can only go down based on the health of our economy and our position on the world stage (relative to other modern coins anyway).

    I figured that, regardless of which country is on top, or which economies are booming, their will always be some universality when it comes to demand for ancient coins. Plus, there's just something extra special about having coins that are 2000+ years old! Not to mention the historical significance.
     
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  4. panzerman

    panzerman Well-Known Member

    I agree 100 percent. Even with World coinage 1500-present/ there are many examples/ less then 5 known/ and many are hammered for under 10K. I have 6 in my coll. that are unique/ yet paid under 5K for each one. The ONLY ancient that is overpriced/ hyped are the Athenian Owls were 100K probably exist/ yet they still go for 500-1500 euros. When you think about market trends/ world/ ancients are still bargains considering true rarity/ esp. the archaic electrum coins/ Merovingian/ Anglo-Saxon gold/ thrymas/ triens.
     
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  5. Robidoux Pass

    Robidoux Pass Well-Known Member

    @panzerman, I certainly agree with your statement. Nevertheless, the listing is an indication of the market, not the scarcity. The coins you I pursue and enjoy are not the most popular ones to the mega-bucks purchasers.
     
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  6. Cherd

    Cherd Junior Member Supporter

    A British, Anglo-Saxon Thrymsa is actually on my list of coins to get! Of course, spending $2k+ on a coin is a huge deal for me (I've only done it once before), so it'll probably live on the wish list for a long while :(

    This is definitely true. Regardless of which genre we are talking about, an evaluation of the top 75% of the market doesn't really have anything to do with me. I'm lucky enough to be able to spend more money than most on coins, but if I decided to get into even the bottom of the upper echelon coins........ then my whole collection would probably consist of 1 coin :hilarious:
     
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  7. panzerman

    panzerman Well-Known Member

    Although the famed "Tyrant Collection" is a reflection of our taste/ he goes after super $$$$$$ coins but also lesser ones/ mostly in high quality. His collection is worth in the Billions/ if I had that kinda $$$$$ I would do the same:D
     
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  8. Chris B

    Chris B Supporter! Supporter

    I haven't seen the list but am certain that I don't own any of them in any grade. Like most of us that have posted on this thread, I buy what I like that I can also afford.
     
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  9. Cherd

    Cherd Junior Member Supporter

    Right?! If I had billions, I'd have a team of numismatists on staff with standing orders, "If the worlds best example of any coin comes up for auction, keep bidding until everyone else stops!"

    I would just have to hope that some other billionaire didn't have a team with the same orders, that could turn into a problem real quick! :greedy:
     
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  10. panzerman

    panzerman Well-Known Member

    I would handle the bidding/ I love the drama. As silly as it sounds/ even 20 Billion/ will run out quicker then you think. I figured to have a complete Germany gold coin collection/ might cost a trillion. There are thousands of coins that are over 500K/ tens of thousands 100K+.
    Probably if it came to auction/ a 1000 Mohur 1605 Agra Mint
    struck under Mughal Emperor Jahangir (35 pounds) gold would sell for 50M+
    John
     
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  11. robp

    robp Well-Known Member

    That list speaks volumes. Too many people with too much money. It has just become a p'ing competition for many people with deep pockets. I often wonder how many of the people who buy these coins do so for their numismatic interest rather than their ego. If they also had a 1990 proof set, a few Euro coins or whatever as part of the collection, then it would be fair to say they were doing it for the hobby, but I doubt many would allow the collection to be 'impaired' in this way.

    It's all horses for courses as we all have our budgetary constraints, but with the exception of the Double Leopard at #100 (a coin valued at 6 shillings face), there isn't a single thing in there that ticks any boxes on my list of about 1500 criteria for the collection. And at that price I couldn't afford it anyway.

    Like Panzerman, I have a good number of unique coins, and some of them were priced in the tens and hundreds, not hundreds of thousands. Sure some of these have cost four figures, or even five on occasion. e.g. here is a bargain basement rarity - much rarer than many on that list. A pattern halfpenny in aluminium by Taylor that cost me about $100 on ebay in 2009. It was unknown to Peck in his tome in this metal, but probably existed given most others did. It is worth bearing in mind that when this was struck, aluminium was a precious metal due to the cost of extraction, so all are rare. Like the others in this group is probably unique, and like a majority of that group is badly corroded. With brilliant fields (where still intact), it's a stand alone example item that ticks one box and has the same value to the collection as any coin worth x0.1, x10 or x100 its monetary value.

    upload_2023-3-31_0-2-1.jpeg

    Might try to get it slabbed as 'Black Cameo' ;)
     
  12. offa the saxon

    offa the saxon Well-Known Member

    Off the top of my head I think there are only 3 known double leopards it is certainly on my wish list if I win the lottery
     
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  13. panzerman

    panzerman Well-Known Member

    Yes, and it was coin # 100 990K better then 1913 nickel (5known) and valued at over 5M!
    The Double Leopard is rarer/ and 100X more beautifull!
     
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  14. panzerman

    panzerman Well-Known Member

    The "Tyrant Coll" is an example of a true collector/ since he also has average coins in his coll. The top "100" list has no German State/ Holy Roman Empire/ Mughal Empire rarities. Sincona sold a magnificent AV Basel 20 Dukaten 1741 FDC for 1.2 M/ Braunscweig AV 20 Goldgulden 1.5 M Bohemia AV 100 Dukaten 4.6M all missing. They concentrated mostly omn US/ UK/ Russian rarities. However all the unique novodels were missing. I am sure if they researched all auction/ private sales past 10 years/ the list would be very different/ and have way prettier coins.
     
  15. KBBPLL

    KBBPLL Well-Known Member

    You've expressed it well. It might as well be a list called "100 most expensive yachts."
     
  16. Barry Murphy

    Barry Murphy Well-Known Member

    @robp just curious if you’ve had the pattern tested. Aluminum wasn’t isolated as an element until 1825, it would be impossible for it to have been used to strike a coin in 1788. Were these struck much later?
     
  17. offa the saxon

    offa the saxon Well-Known Member

    A coin is worth what someone is willing to pay for it. In the UK we have a name for people who want to have everything at whatever price, billy big balls
     
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  18. robp

    robp Well-Known Member

    Soho patterns fall into 3 groups as defined by Peck in his 1958 tome "English Copper, Tin and Bronze Coins in the British Museum 1558-1958.

    Early Soho means struck at the time the dies were made e.g this DH4 1788 copper halfpenny Peck 945.
    upload_2023-4-7_22-58-21.jpeg


    Late Soho means the coins were struck at Soho, but at a later date. Boulton liked to present visitors with examples, and this presumably explains the existence of large numbers of certain die pairs such as the DH11 pattern halfpenny. This brown gilt Peck 966 is common, and clearly struck over a good many years.
    upload_2023-4-7_23-9-8.jpeg


    The third category, which the aluminium coin above falls into are the Taylor restrikes. The Birmingham medallist and engraver W J Taylor (1802-1885) acquired a tub of Soho dies when the contents of the mint were sold at auction following its closure in 1848. He cleaned up the dies and produced a large number of restrikes from multiple die pairings starting in 1862 until his death in 1885. Here is an example struck from dies as procured prior to any rust removal or remedial work undertaken - Peck 1161.
    upload_2023-4-7_23-16-34.jpeg
     
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