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A pleasant sestertius of Philip I ("The Arab") and the NYINC floor
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<p>[QUOTE="robinjojo, post: 8162465, member: 110226"]First, here's a coin that arrived today, part of my effort to replace coins that I sold a long time ago.</p><p><br /></p><p>This is a sestertius of Philip I, "The Arab", who reigned from February 244 to September 249. This type, with the four standards on the reverse, is a fairly readily available coin, but as with other coins, can be somewhat elusive in high grade. This example does not aspire to that category; instead it is what I'd call a nice VF, without any damage, a decent strike, but with some of the crudeness marking the coinage of this period.</p><p><br /></p><p>Philip I, circa 244 AD</p><p>Sestertius</p><p>Rome</p><p>Obverse: IMP M IVL PHILLIPVS (AVG), laureate & draped bust facing right.</p><p>Reverse: FIDES EXERCITVS S-C, 4 standards, the two outer ones plain, the inner left standard is topped with a hand, the inner right one is topped with an eagle.</p><p>RIC 171a, Cohen 51</p><p>Brown patina with some earthen deposits.</p><p><br /></p><p>17.49 grams</p><p><br /></p><p>[ATTACH=full]1424814[/ATTACH]</p><p><br /></p><p><br /></p><p>Regarding the NYINC, I am very interested in seeing reports from other CT members who were able to attend this seminal event. In particular I am interested in price trends for coins sold by dealers. What's hot and what's not? I have been tracking auction trends, which are often significantly impacted by "enthusiatic" bidding, sometimes taking lots to astronomical heights. Whie auction hammer prices are useful to follow trends in that arena, the flip side, what coin dealers on the floor ask for and receive for their coins, especially in an important venue as the NYINC, is of equal, if not greater importance in reflecting the demand for ancients within the general market.[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 8162465, member: 110226"]First, here's a coin that arrived today, part of my effort to replace coins that I sold a long time ago. This is a sestertius of Philip I, "The Arab", who reigned from February 244 to September 249. This type, with the four standards on the reverse, is a fairly readily available coin, but as with other coins, can be somewhat elusive in high grade. This example does not aspire to that category; instead it is what I'd call a nice VF, without any damage, a decent strike, but with some of the crudeness marking the coinage of this period. Philip I, circa 244 AD Sestertius Rome Obverse: IMP M IVL PHILLIPVS (AVG), laureate & draped bust facing right. Reverse: FIDES EXERCITVS S-C, 4 standards, the two outer ones plain, the inner left standard is topped with a hand, the inner right one is topped with an eagle. RIC 171a, Cohen 51 Brown patina with some earthen deposits. 17.49 grams [ATTACH=full]1424814[/ATTACH] Regarding the NYINC, I am very interested in seeing reports from other CT members who were able to attend this seminal event. In particular I am interested in price trends for coins sold by dealers. What's hot and what's not? I have been tracking auction trends, which are often significantly impacted by "enthusiatic" bidding, sometimes taking lots to astronomical heights. Whie auction hammer prices are useful to follow trends in that arena, the flip side, what coin dealers on the floor ask for and receive for their coins, especially in an important venue as the NYINC, is of equal, if not greater importance in reflecting the demand for ancients within the general market.[/QUOTE]
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A pleasant sestertius of Philip I ("The Arab") and the NYINC floor
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