Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
A coin sold and bought back - A Short Story of Coming Back Home
>
Reply to Thread
Message:
<p>[QUOTE="robinjojo, post: 4650870, member: 110226"]I'm sure many of you were in a situation where you had to raise money, in my case to make a down payment for the house, using some coins or other assets to help raise the funds. In the case of my collection, I was also able to use it to qualify for the mortgage. I guess the requirements back in the early 90's were more flexible than they are these days.</p><p><br /></p><p>So, I had to part with a good portion of my collection, both ancient and modern. Fortunately I was able to sell them as a large lot (actually a couple of double row boxes) to my local coin dealer, who gave me a shoe box of cash, no check, totaling $25,000. Between this money and my wife's contribution we were able to secure the loan, albeit an adjustable loan which we later converted to a conventional load a few years later.</p><p><br /></p><p>I regretted selling some of the coins, many of which were quite rare. So, over a period of several years I went back to the coin shop and purchased back some of the coins remaining. This is one of them.</p><p><br /></p><p>While quite common, this coin, a follis of Maximianus (286-310 AD), from Siscia, is a nice example, primarily because it retains a good portion of the original silvering. This strike is decent, especially on the obverse.</p><p><br /></p><p>Roman Empire, 286-310 AD</p><p>AE Follis</p><p>Maximianus</p><p>Obverse: Laureate head of Maximianus righ, IMP C M A MAXIMIANVS P F AVG.</p><p>Reverse: Genius standing left, naked but with chlamys over left shoulder, modius on head, holding a patera in right hand from which liquor flows, and a cornucopiae in left hand. Mintmark in exergue. Officina mark in right field, GENIO POPVLI ROMANI.</p><p>10.6 grams</p><p>28 mm, 6 h.</p><p><br /></p><p>[ATTACH=full]1148633[/ATTACH] </p><p><br /></p><p>Does anyone else have coins that they sold and then bought back later?</p><p><br /></p><p>Thanks[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 4650870, member: 110226"]I'm sure many of you were in a situation where you had to raise money, in my case to make a down payment for the house, using some coins or other assets to help raise the funds. In the case of my collection, I was also able to use it to qualify for the mortgage. I guess the requirements back in the early 90's were more flexible than they are these days. So, I had to part with a good portion of my collection, both ancient and modern. Fortunately I was able to sell them as a large lot (actually a couple of double row boxes) to my local coin dealer, who gave me a shoe box of cash, no check, totaling $25,000. Between this money and my wife's contribution we were able to secure the loan, albeit an adjustable loan which we later converted to a conventional load a few years later. I regretted selling some of the coins, many of which were quite rare. So, over a period of several years I went back to the coin shop and purchased back some of the coins remaining. This is one of them. While quite common, this coin, a follis of Maximianus (286-310 AD), from Siscia, is a nice example, primarily because it retains a good portion of the original silvering. This strike is decent, especially on the obverse. Roman Empire, 286-310 AD AE Follis Maximianus Obverse: Laureate head of Maximianus righ, IMP C M A MAXIMIANVS P F AVG. Reverse: Genius standing left, naked but with chlamys over left shoulder, modius on head, holding a patera in right hand from which liquor flows, and a cornucopiae in left hand. Mintmark in exergue. Officina mark in right field, GENIO POPVLI ROMANI. 10.6 grams 28 mm, 6 h. [ATTACH=full]1148633[/ATTACH] Does anyone else have coins that they sold and then bought back later? Thanks[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
A coin sold and bought back - A Short Story of Coming Back Home
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...