When a coin is worth a Premium....

Discussion in 'Ancient Coins' started by Mikey Zee, Oct 3, 2017.

  1. Alegandron

    Alegandron "ΤΩΙ ΚΡΑΤΙΣΤΩΙ..." ΜΕΓΑΣ ΑΛΕΞΑΝΔΡΟΣ, June 323 BCE

    AWESOME capture! I would had done the SAME. This is one of my favorite Reverse THEMEs, that also I love in the Marsic Confederation's version. I had a similar experience and 'twas a hefty price for this modest example:

    Marsic Confederation denarius 90-88 BCE Italia-Corfinium Oath Ceremony over pig Sear 227 SCARCE.jpg
    Marsic Confederation denarius 90-88 BCE Italia-Corfinium Oath Ceremony over pig Sear 227 SCARCE

    I would had DEEPLY regretted missing this opportunity!
     
    Last edited: Oct 3, 2017
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  3. Cucumbor

    Cucumbor Well-Known Member

    That's the one and only point !

    Q
     
  4. Ken Dorney

    Ken Dorney Yea, I'm Cool That Way...

    I realize I keep posting this coin when it applies to relevant threads, but I paid quite dearly for this one. Sure, one can get an example for maybe less than half what I paid, but the photo does it no justice. It is truly magnificent in hand, darker, more toned, with glossy highlights (which cant be captured properly with a camera), and that is exactly why I bought it. Also, it 'feels' very nice in hand. Hard to explain, but coins also have a touch aspect to them as well.

    2990.jpg
     
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  5. ominus1

    ominus1 Well-Known Member

    it's a nice tet.. how ironic you max bid was just enough.. increments? idk.. enjoy the coin, it's a very nice one!
     
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  6. dougsmit

    dougsmit Member

    I recommend these henceforth be known as 'Q3Q'.

    This thread has more than its share of words to heed! I did not quote them all above. The big point is that it is your collection and your money. If you are buying for resale, frankly I don't care how you did BUT if you saw a coin that begged you to be a long term part of your family and 'Q's three qualifiers' approved, then, I am happy for you. Would I have paid that for that coin? Certainly not, it is not something I find interesting and, conversely, I would not expect you to be willing to buy any of the coins I have paid $600+ for in my life. My interests are mine; yours are yours. IF I were interested in that coin, I probably would feel driven to get a matching B coin from Tarsos using local types rather than the Alexandrine ones.
    https://www.cngcoins.com/Coin.aspx?CoinID=303255


    https://www.cngcoins.com/Coin.aspx?CoinID=253458
    That 'chain' of wants is what makes this hobby expensive.

    The above is what drives me to overspend. The one I show too often is my Julia Domna tetradrachm showing Caracalla and Geta shaking hands and dated within a few months of Geta's murder. I say it is the only coin issued after Septimius died that shows both boys. I say I will not have another chance to buy a similar coin in what lifetime remains for me. I will be surprised when you show me others but I would love to see others if you know of them. Would I buy another? Maybe? Would I be interested in buying the one Alexandrian tet of Geta dated LK (Septimius died in year 19)? Guess.
    pa1300fd3426.jpg
     
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  7. Mikey Zee

    Mikey Zee Delenda Est Carthago

    Before I get caught up with other things and this thread goes into semi-obscurity, I wanted to once again thank all who contributed. I Loved ALL the comments and coin posts both pro and con. I would not expect everyone to agree the OP was worth the cost but I was pleasantly surprised so many seemed to think it was worth my final expense. Most are aware I recently purchased an immediate predecessor----a Cilician stater of Baaltar---- so I had an additional reason why I just had to have that particular tet;) .

    Personally, I didn't see one posted coin that I wouldn't have loved to call my own:)
     
  8. akeady

    akeady Well-Known Member

    I think it was well worth it :)
     
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  9. chrsmat71

    chrsmat71 I LIKE TURTLES!

    Well, it's a great looking coin with a great history MZ..you're not going to regret it. "It's better to regret what you have done that what you have't." applies to things like this pretty well usually.

    There are a few times I've put in bid on a coin and actually thought a few seconds after my bid, "Holly crap! If I win this, I'm in SO MUCH trouble". I lost them and was actually a bit relieved....but now I wish I had bid a bit more. :(
     
  10. I paid $720 for this; including buyer's fee. It's the most I've spent on an Alexander/In the name of tet. Herakles' eye caught mein own.
    Seleucus tET.png
    SELEUCID KINGDOM. Seleucus I Nicator (312-281 BC). AR tetradrachm (27mm, 17.12 gm, 9h). NGC Choice AU 5/5 - 4/5. Seleuceia on the Tigris, ca. 300-281 BC. Head of Heracles right, wearing lion-skin headdress / ΣEΛEYKOY BAΣIΛEΩΣ, Zeus seated left, holding eagle and scepter; monograms in left field and below throne. SC 117.1c. HGC 9, 12i.

    Seleucus Slab.png


    - Michael
     
  11. Nemo

    Nemo Well-Known Member

    I was planning on bidding on this coin but I got caught up at work and simply forgot. I think it's an excellent coin and worth the closing price. In hindsight I don't know what I would have bid but I'm glad I didn't drive the price up any higher for you!
     
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  12. coin_nut

    coin_nut Well-Known Member

    Mikey Zee, you explained so eloquently what many of us have felt when possibly paying "too much" for a coin. Sometimes "too much" happens to be just enough, and then we get the joy of owning a special coin we really wanted. As I often say about coins and the buying of them, "Its only money".
     
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  13. Svarog

    Svarog Well-Known Member

    With perfectly placed countermark, large flan no regrets here: Tet.JPG
     
  14. Curtisimo

    Curtisimo the Great(ish)

    Sorry I'm late to the party!

    That's a beautiful coin in excellent style. Being among the first issues of Alexander III it also has a fascinating and specific story to tell. Those are just the kind of coins I like the best. I would have paid $600+ for it.
     
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  15. ValiantKnight

    ValiantKnight Well-Known Member

    As someone who paid good cash for AE4s of Majorian and Libius Severus, I know this feeling!

    Majorian, Western Roman Empire
    AE nummus
    Obv: D N IVL MAIORIANVS P F AVG, pearl-diademed, draped bust right
    Rev: VICTORI-A AVGGG, Victory advancing right, holding palm branch and trophy
    Mint: Milan
    Mintmark: MD
    Date: 457-461 AD
    Ref: RIC X 2642

    [​IMG]

    Libius Severus, Western Roman Empire
    AE nummus
    Obv: D N LIBIVS SEVERVS P F AVG, pearl-diademed, draped bust right
    Rev: Monogram of Ricimer within wreath
    Mint: Rome
    Date: 461-467 AD (Libius Severus reigned 461-465 AD)
    Ref: RIC X 2715

    [​IMG]
     
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  16. dlhill132

    dlhill132 Member

    Mikey, it's a wonderful coin, congrats.

    ~Doug
     
  17. slim shady

    slim shady New Member

    Cool coin, Valiant Knight
     
    Mikey Zee likes this.
  18. Severus Alexander

    Severus Alexander find me at NumisForums

    In case you hadn't seen these, your coin had a previous outing earlier this year (too bad you didn't catch it that time!), and also in 2011.

    And I think you had most excellent reasons for paying a premium!
     
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  19. red_spork

    red_spork Triumvir monetalis

    Heritage listing says it was "Withdrawn". Wonder why that was?
     
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  20. randygeki

    randygeki Coin Collector

    I paid a bit more for this one than usual for a FH.

    IMG_2909.JPG
     
  21. slim shady

    slim shady New Member

    You always regret the one that got away ...

    => it usually becomes the infamous unicorn-hunt!!
     
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