Why is this Anastasius I Tremissis coin going at this price?

Discussion in 'Ancient Coins' started by Crineas, Aug 5, 2016.

  1. Crineas

    Crineas New Member

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  3. arnoldoe

    arnoldoe Well-Known Member

    They are very common + the demand isn't high enough to drive the price any higher,


    Even many Byzantine Solidi which are 3x the weight of the tremissis can be bought in the $300-$600 dollar range for the more common coins. like Justinian, Heraclius, Maurice, etc..

    GOLD.gif
    my Justinian Solidus- 21mm 4.51 grams
    -- a Gif i just madeo_O
     
  4. red_spork

    red_spork Triumvir monetalis

    Ancient and medieval gold is like silver and bronze in that there are very expensive pieces as well as relatively inexpensive ones and many forces driving the market. In this case, the coin is relatively inexpensive because it's a relatively worn example of a very common type(the Byzantines minted large amounts of gold, much of which has survived), and these small tremisses(note the size and weight) are less desirable to your average collector than their larger counterparts. The scratches don't help either.
     
  5. Crineas

    Crineas New Member

    Woah, the Justinian Solidus coin is quite beautiful.

    I see, that is quite a sensible explanation and sheds light on my issue quite well. Thank you @red_spork and@Arnol

    Where would be recommended for me to embark of a search for this kind of coins with a competitive pricing, it's been my intention on obtaining a single ancient gold coin to have as my main keepsake.
     
  6. ValiantKnight

    ValiantKnight Well-Known Member

    Here are my two solidii, that I happened to acquire around the price range arnoldoe mentioned:

    Justinian, Byzantine Empire
    AV solidus
    Obv: D N IVSTINI-ANVS P P AVG, helmeted, cuirassed bust facing, holding cross on globe and shield
    Rev: VICTORI-A AVGGG delta, angel standing facing, holding P-headed cross and cross on globe, star in right field
    Mint: Constantinople Mintmark: CONOB
    Ref: SB 140
    Size: 20.75 mm, 4.49gr

    [​IMG]

    Maurice Tiberius, Byzantine Empire
    AV solidus
    Obv: D N mAVRC TIb PP AVI, diademed, helmeted, and cuirassed bust facing, holding globus cruciger in left hand
    Rev: VICTORI-A AVGG ∆, Victory standing facing, holding long staff surmounted with staurogram in left hand and globus cruciger in right hand
    Mint: Constantinople Mintmark: CONOB
    Ref: SB 476
    Size: 4.29 g., 21 mm wide

    [​IMG]
     
  7. Crineas

    Crineas New Member

    Oh gosh, more beautiful coins which come from a period so rich in history. Especially the Justinian I piece.
     
  8. Bing

    Bing Illegitimi non carborundum Supporter

  9. Mikey Zee

    Mikey Zee Delenda Est Carthago

    Welcome @Crineas!!

    Here's a tremissis (equal to 1/3 of a solidus) of Heraclius that usually sells for the low end mentioned above:
    heraclius tremissis.jpg
     
  10. medoraman

    medoraman Supporter! Supporter

    I would echo the other. The tremisses you posted IMHO is not worth nearly what the dealer is asking for it. I picked up one a few years ago for about $200 in better condition.
     
    chrsmat71 and Ardatirion like this.
  11. Ardatirion

    Ardatirion Où est mon poisson

    These are my thoughts exactly.
     
  12. chrsmat71

    chrsmat71 I LIKE TURTLES!

  13. Herberto

    Herberto Well-Known Member

    Keep also in mind that there is a difference in price between an auction-price and a store-price. If you have patience to an auction, you could save 5-15% if you bid in the last seconds and know what you are doing. Just remember there is buyer’s fee and transaction's fee.

    My tremissis(1,5 gram) of Justinian I paid 180 Euro(auction, not store):
    0.jpg

    Solidus(4,5 gram) of Theodosius II, Justinian, Maurice Tiberius and Heraclius where I paid for a price range between 290-365Euro for each one except that Justinian I paid only 224 Euro. I am not sure whether it was a small bargain or whether it was just because it is very worn and not many wanted it. It looks incredible better in hand I should tell you though:

    1.jpg
    2 (1).jpg
    4.jpg
    5.jpg
     
    Mikey Zee, chrsmat71, icerain and 6 others like this.
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