Three coins that'll make you say... meh....

Discussion in 'Ancient Coins' started by hotwheelsearl, Sep 17, 2021.

  1. hotwheelsearl

    hotwheelsearl Well-Known Member

    The backstory: in Roma E-Sale 87 I only won one single coin. Since shipping is L21.50, that seemed like an awful lot for just one coin, so I asked to combined shipping for the next E-sale.

    Nothing I really liked to begin with, but I fell into the sunk cost fallacy and figured I had to "make up" for the expensive shipping with more purchases.

    So I ended up with a total of three okay coins that make me look and say, "meh."

    1. Caracalla AE28, 13.75g; Caesarea.
    Pro: Another addition to my Fireball Island collection.
    Con: sort of generic

    ROMA PIC:
    4001.359.38_1.jpg
    MY PIC:
    IMG_E1336.JPG
    Decent job on the photography, but they angled it such that it shines a lot more than it really does.

    2. Philip II AE28, 11g; Antioch.
    Pro: Quadrigas are cool, my first Philip II.
    Con: not the prettiest patina

    ROMA PIC:
    11386.3.34_1.jpg
    MY PIC:
    IMG_E1338.JPG
    I think Roma's picture sort of highlights the defects a bit more than IRL.

    3. Gordian III & Tranquilina AE32, 27.42g; Singara.
    Pro: really nice reverse color, another random city I've never heard of
    Con: absolutely awful off-center strike, terrible sand encrustations

    ROMA PIC:
    4001.51.2_1.jpg
    MY PIC:
    IMG_E1340.JPG
    I think Roma sort of dropped the ball on this one. The colors are a lot more vibrant in hand. Then again, the evidence of slight tooling and smoothing is more evident in hand sooooo....


    I think the Caracalla is the big winner here. Large size, attractive, if a bit generic.

    I think the big loser here is myself, who's spent a Benjamin and a half on coins I didn't really want, or need, just to make the L21.50 shipping seem more "worth it."

    Conclusion: the Sunk Cost Fallacy is your worst enemy.
    ____
    What about you all? Did you enjoy your Roma wins?
     
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  3. Mammothtooth

    Mammothtooth Stand up Philosopher, Vodka Taster

    I did not have any wins, but I like your coins
     
    hotwheelsearl likes this.
  4. Al Kowsky

    Al Kowsky Well-Known Member

    I like the design on the reverse of the Philip II bronze from Pisidia-Antiochia :happy:.

    11386.3.34_1.jpg

    I scored a nice example of Gordian III from the same mint earlier this year :smuggrin:.

    Gordian III, Antiochia-Pisidia, Al Kowsky Coll. (2).jpg
     
  5. hotwheelsearl

    hotwheelsearl Well-Known Member

    Your coin is one I would gladly trade ;)
    Think about it - a radiate for a laureate, sounds like any Antiochan in 240 would have gone for it in a heartbeat!
     
  6. Al Kowsky

    Al Kowsky Well-Known Member

    Gordian III was a true teenage warrior who was loved by the Roman people :D, but the same can't be said about Philip II :(.
     
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  7. CoinCorgi

    CoinCorgi Tell your dog I said hi!

  8. sand

    sand Well-Known Member

    The Sunk Cost Fallacy. That's interesting. It seems like it happens, to a lot of people, companies, and governments. That's good, that you've identified it. $150 is a small price to pay, for learning something about money. Believe me, I've spent a lot more money than that, learning about money. Another expression I like : "Penny wise, pound foolish". I've done that too.
    Maybe you can sell the coins. Or, maybe the coins will grow on you.
     
  9. Roman Collector

    Roman Collector Well-Known Member

    The patinas on those makes me think they were from the Antonio Carmona collection. Were they?

    I like the Philip II one.
     
  10. TIF

    TIF Always learning.

    Being a provincial fan, I like all of them :D.

    The Caracalla in particular-- something about the portrait, the uncluttered reverse, and the nice centering makes it very pleasing.
     
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  11. Cucumbor

    Cucumbor Well-Known Member

    I agree on the Caracalla being a very attractive coin with a portrait of the finest style and nice reverse

    Q
     
  12. Theoderic

    Theoderic Active Member

    I think we've all been in that situation, but I think an important factor is why you bid on a particular coin. If you're adding it to your personal collection for which I assume you plan to keep for a long time, don't worry about the high shipping cost attached to a single lot win. None of us collectors are in it to make money, and so you'll still enjoy the coin long after you forget what you paid for it. If you're bidding on a coin with the intention to re-sell it, then well that's a different story.
     
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  13. hotwheelsearl

    hotwheelsearl Well-Known Member

    I have never been able to successfully resell an individually purchased coin for a profit, so these days I don't even try. I try to be rather intentional with the coins I buy, and to date all of the provincials I've bought individually have stayed in my collection, where they will probably be for quite a while.
     
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  14. ancient coin hunter

    ancient coin hunter 3rd Century Usurper

    Actually I really like those coins, particularly the provincials.
     
  15. hotwheelsearl

    hotwheelsearl Well-Known Member

    Actually the Caracalla is really growing on me. I now have the guy as a kid:
    Caracalla AE26 SNG Von Aulock 5412.JPG

    Young adult:
    Caracalla AE28 Syd Caesarea 488.JPG

    And crusty middle aged dude:
    Caracalla Sardes Mionnet Sp VII 501.JPG
     
  16. sand

    sand Well-Known Member

    I like the Caracalla.
     
  17. Orfew

    Orfew Draco dormiens nunquam titillandus

    The nice thing about ancients is that even the “meh” coins are still pretty cool.
     
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  18. dougsmit

    dougsmit Member

    I'll go with those who liked all of the types but I fall short of suggesting that we buy coins we don't like before we commit to buying them. I buy first thinking I like them and regret it later. I like the Philip but would not pay the price and shipping for a coin I value at about the shipping.

    I paid $69 (including post) in 2020 and think I got a bad deal. It was at the start of Covid shutting down shows and I had not yet realized that I did not really need a coin fix. Buy what you like but hope you can like what you buy.
    pm1375rp1754.jpg
     
  19. hotwheelsearl

    hotwheelsearl Well-Known Member

    None of the coins I bought appeared to be provenanced to Carmona, that would have been a nice boon.
     
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  20. GregH

    GregH Well-Known Member

    The Caracalla is the best of the three. Provincials are underrated and still good value in my opinion.
     
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