I am trying to get an idea of the current value of this denarius. This one is graded 5 of 5 and 3 of 5 choice very fine. Thanks for any advice
I catalogue sales of coins in the price range that I'm interested in purchasing (all NGC slabbed). But, I stop tracking sales once I've obtained my example. Here are the sale prices of the most recent Tiberius denarii up to 7-31-2022: The #/# are the strike and surface values, Br = Brushed, Gr = Graffito, Scr = Scratch, Sm = Smoothing, EC = Edge Chip, Ma = Marks. Unless the prices on these coins have shifted over the past couple of years, I'd be placing a bid in the $650-$750 range depending on how much I liked the coin. This works out to on-increment actual bids of $550-$625, as the prices listed above include 20% buyers fees. But my price chart doesn't take specific types into account. So @Mat could be correct, $1000+ is definitely a possibility.
Those are horrible prices, but most likely correct. I gave $250 shipping included on this one, but that was 9 years ago (and I thought that horrible)
Considering that the prices of ancient coins nearly doubled across the board starting in 2019-20, your $250 coin in 2015 would probably be something like $500 today. I'd guess that NGC would call your coin a VF, which puts in right in the range of prices listed in the chart. But ya, because of the whole Tribute Penny thing, I agree that the prices on these coins are horrible! Been wanting a Tyrian Shekel for a while, but just can't bring myself to hand over that kind of dough for such a common coin
Yeah, and I would say they double from 2005-2019. It puts in perspective the old adage "buy what you can buy today". Every year for the last 25 years I have been in the market there are fewer good coins and higher prices. So I just buy what I can when I can and accumulate for retirement fun. My wife asked me to put a number on my coin collection last year. Started going through some numbers, 3 large SDB completely full, 75 coins per red box, 22-25 red boxes per SDB, average price per.. I stopped when numbers getting too large. Be safe guys, there is a lot more value for our hobby, especially if you have been at it a while, than we really realize.
I agree, the prices are "horrible". I have a very different approach to buying a coin then, well, probably everyone, lol. This is a hobby for me. I'm not in it for an investment. If I see a coin I want, and currently have the money to buy it, then I'm very likely to do that. I searched for a long time for a "tribute Penny". Of course, it had to fall within my "budget", which is generally low. I finally found this one, which fell within my guidelines. I would have preferred it being in a little better condition, however, the ones that were, cost more. This one was close to $500. This is a lot of money, to me, for a coin, but I had been wanting one, and saving for one for quite a while, so I bought it. And, I'm glad to have it. They seem to be just going up in price?
I'm sorry you feel that way, I don't. Did I have to pay too much for the coin, yes. But, I could not find one in any better condition, at a lower price, at the time. I was ready to buy one, and that's the best I could find that fell within my guidelines. I looked last night, admittedly in a hurry, but couldn't find one any cheaper, unless it was in horrible condition. While mine leaves a lot to be desired, it's in considerably better condition than any I saw last night, below $500. Should I have waited for a better one, not to my criteria for buying one. Like I had said, I'm different in my approach. This is just a hobby to me, not an investment. I'm in it for the fun I get out of it. If I played golf, which I don't, it would cost me every time I played. And, I would only have the memory of the experience when the game was over (I'm not attacking people that play golf, I thrilled they get to, and enjoy it). Would I like to have one in better condition, yes, but I'm not hung up on that. I wanted one for less that $500, and I found one. Not a "great" one, but one that you don't have to use all of your imagination to tell what it is. I've just got one with a lot of "history". And, I love history. I certainly respect, and agree with, your statement, in that I paid to much for it, as far as a monetary value goes. However, for me, I'm ok with it. Will I buy another one in that condition, at that price, no. I now have one. Blessings, Kenneth
I ended up finding this one. Seller calls it VG. Not graded by NGC. But the price seemed fair for where they are right now. 370 USD
You got a better deal then I did, but I'm still ok with mine. It was the best I could find, at the time, for the money.
After looking around at prices the auctions seem to be where the highest prices are. As some have said here. When anything comes up under 400 if they are not junk seem to go fast. BTW the seller which is Marc Breitspreche off of Vcoins said it was VF not VG.
I will say is a respectable coin, for the price. All "Tribute Pennies" are overpriced. They're common, but not much we can do about it. Congrats on getting it.
My dad wanted to buy me a $500-something NAC one, probably nice, but I told him not to bother. I'm not really into Tiberius and I didn't want him to spend that much. Now, the enormous provincial sestertii of Spain I could get into...
The average price of this denarius in 2010 from auction houses was $416 (based on 104 sales). In 2020 it was actually lower at $348 (174 sales). During the whole decade the average was $456 from 1,718 sales. If anything I'd say the real price of ancient coins is lower than ever when taking inflation into consideration. Rasiel
