Pars Coins Extremely overpriced

Discussion in 'Ancient Coins' started by Pepe, May 2, 2020.

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  1. Pepe

    Pepe New Member

    Hi Friends,
    How many of you agree with my assessment that ParsCoins has Extremely overpriced auctions and items overall?

    thanks
     
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  3. Andrew McCabe

    Andrew McCabe Well-Known Member

    I don't agree. Given that they've listed perhaps 100 Republican denarii in last year or two on VCoins and only 1 is available as of today, that suggests many collectors consider them keenly priced and their stock moves fast
     
  4. Orfew

    Orfew Draco dormiens nunquam titillandus

    Neither do I.
     
    PlanoSteve likes this.
  5. Volodya

    Volodya Junior Member

    Perhaps the OP could give a few examples?

    Phil Davis
     
  6. Pepe

    Pepe New Member

    @Andrew McCabe do you really think these 2 common denarii cost $195 each B9A95ACE-2E52-4052-A778-BCCAE4CB6647.png
     
  7. Pepe

    Pepe New Member

    Or Perhaps this Hadrian denarius for $1.5K A5720338-FE06-40BF-AA1B-4D98E052614A.png
     
  8. Carausius

    Carausius Brother, can you spare a sestertius?

    Just a few days ago, I recommended a certain Pars coin to friends because I thought it UNDER-priced for it's quality. Certainly, if you look hard enough, you can find some over-priced coins in any particular dealer's stock. That's no reason to call them out in an open forum, in my opinion.
     
  9. Pepe

    Pepe New Member

    I checked all of their current stock and ALL of These coins are at least 100% markup above market, do you call it reasonably priced?
     
  10. Volodya

    Volodya Junior Member

    The two Getas could be a bit less I suppose; if I were pricing them, I'd be around $150. Same ballpark. The Hadrian is a great coin, fairly priced. Can you give examples, of comparable strike and especially style, priced substantially less?
     
    Orfew, Dougmeister, Pellinore and 3 others like this.
  11. Andrew McCabe

    Andrew McCabe Well-Known Member

    Pars, and similarly focused Goduto, sell reasonably priced EF or GEF Roman Republican denarii, sometimes with offstrikes or weakness but fairly priced in.

    I don't comment outside my own collecting area, except to note that any dealer who focuses on EF and GEF coins should have prices to suit. My impression is that Pars (and the very similar market Goduto) are pretty reasonable considering quality. They arent the sort of coins I generally collect as I prefer perfect strikes but more worn and toned coins, but they do seem good value
     
    PlanoSteve, Jay GT4, DonnaML and 2 others like this.
  12. Pepe

    Pepe New Member

    Thank you Phil, this totally make sense, i just saw a bunch of similar Getas in much better condition priced at $90 or less...i guess, i was just lucky
    In addition, all their coins look way too polished? Maybe it is photo effect, but looks a bit artificial
     
    Volodya likes this.
  13. Carthago

    Carthago Does this look infected to you?

    I've never considered Pars overpriced.
     
    Orfew, PlanoSteve and Jay GT4 like this.
  14. Andrew McCabe

    Andrew McCabe Well-Known Member

    So far there's me (Andrew), Voldoya (Phil), Orfew, Carthago and Carausius disagreeing with the original post (with reasoned examples) and no one agreeing.

    I think its time to just drop this and stop arguing the point. Reasonable seller, nice coins, reasonable prices.

    I don't like such arguments against named sellers. If you dont want to buy his coins, fine. No need for a CoinTalk thread.
     
  15. Pepe

    Pepe New Member

    Andrew, it is all nice and good, but you just publicly told me not to bring certain topics/sellers to have a public discussion- this is why My concerns around this forum are valid, there are quite a few people who left this place precisely because certain individuals (without calling names) discourage discussion and freedom of opinion.this is against American values, freedom of expression, freedom of thought. I understand that many of you have business agreements with certain merchants - this is what we call shady lobbying...again, if you want to encourage hobby among younger crowd, and not a “circle of trust” you HAVE to be open to people challenging you...this this is very weak, low energy- as someone would say
     
    Claudius 11 likes this.
  16. Magnus Maximus

    Magnus Maximus Dulce et Decorum est....

    My two bits:
    Some of his coins seem to be on the higher end of the spectrum, but the coins he sells of my specialty(Late Roman and Seleucid) seem reasonably priced. If I were a really hardcore Seleucid collector(wanting to get rare mints of a certain King) I could see my self paying a little extra. Thats not even mentioning that he has some real stunning pieces in his inventory.
    Again, just my two cents. :)
     
  17. dougsmit

    dougsmit Member

    https://www.cointalk.com/threads/pars-vcoins-auction-results.358937/
    Last week, I posted the above about the three coins I bought in the recent Pars sale. If interested, you can see them there. I once was called the second cheapest collector a certain dealer ever met so how is it I was able to buy three 'overpriced' coins and not feel bad? That would require you read my earlier posting. Overall, I considered his start prices top dollar but he had some coins I wanted including quite a number of Sasanian drachms of two kings I did not have (Yazdgard I and Varhram V). I bought two drachms but most of them went unsold. Unfortunately the unsold coins do not show as unsold when they archive the lots. Had the starts been lower, I would have bid on more coins but probably won fewer since there would have been fewer people driven away by the prices. I'm glad to have won what I won and the coins arrived four days after I paid. I will bid again if he has something I want and that I believe the rest of you don't want. As I said in the above linked thread, I would not have bid at all except that he had one coin I really wanted (the portrait AE of the Parthian Vologases V). The fact remains that we buy what we buy from people who sell what we want. In this case, what I wanted most went for $18 + buyers fee and 1/3 of the $15 postage ($26.24 total). Most of you would not have wanted that coin at any price. I did. That is how it works in this hobby.
     
  18. Finn235

    Finn235 Well-Known Member

    I've always found his Roman coins to be about fairly priced for the higher end or scarcer Romans but I agree that many of his coins have a start bid of about 1.5 - 2x what I would be willing to pay.

    That said, most of his Eastern coins are fairly priced, and if I were a specialist in coins like Elymais or Persis, he offers some rock solid deals on very rare issues.
     
    PlanoSteve likes this.
  19. Alegandron

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

    Don't...feed...the...TROLLS...

    He is baiting you.

    His very first post on the Forum was the same "drama". Then he calls me a "Child" in Latin... easy to get on Google.

    To quote him in his other thread: "Irrational.... Confusing...overwhelming..."

    LOL
     
    Orfew, Pellinore, DonnaML and 5 others like this.
  20. PlanoSteve

    PlanoSteve Well-Known Member

    Pepe has an agenda,...just don't know what it is yet...;)
     
  21. Alegandron

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

    We had a Troll on here before. Was nice, acted like he was an expert, never posted its own coins, got caught posting coins in public domain. Then started stirring up conspiracy theories, then demanded it had the right to speak, uses “rational” answers just like its response to Andrew McCabe above ( although he is not an American, so using American values claim is lame). He sounds like that last Troll who was barred.
     
    Charles Riley, Orfew, Andres2 and 3 others like this.
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