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<p>[QUOTE="dougsmit, post: 5340958, member: 19463"]DonnaML has the best answer. Until any of us get to the point that we feel comfortable, and I mean really comfortable, with a series of coin, it is advisable to buy from someone who is both honest and knowledgeable with coins of that type. I am a bit more adventurous with coins in my areas of specialty but get nervous when I am buying something about which I am not familiar. This is triply true when that coin is ANY of the popular types that sell easily to people who do not collect ancient coins. That list is led by the types mentioned in the Bible. Thousands of Christians only want 'Tribute Pennies' and '30 Pieces of Silver'. A few years ago I visited a small local coin shop in Ohio (we saw it when we got off the Interstate for lunch). They had about a hundred somewhat ordinary ancients (LRB, Widow's Mites in low grade and perhaps fifty Byzantine bronzes of which half were Christ type Anonymous issues in well worn condition. Also in the group were between 5 and 10 (memory fails) Tiberius/Livia Tribute Pennies and every one was, to my eyes, <u>obviously</u> fake. None were even a little deceptive. The shop owner had no idea what he had and seemed to appreciate my opinions on the matter of ID and prices. I bought a half a dozen assorted low end Byzantine coins at what I considered fair prices and he said something to the effect that he trusted me because I did not offer to buy any of those Tribute Pennies so I must have been truthful about them being fake. This A2 appealed to me for the style A used on the reverse which was new to me then. It was $5.</p><p>[ATTACH=full]1226081[/ATTACH]</p><p><br /></p><p>The entire group of coins was probably worth what he had paid the heirs but he had no idea what to ask for what was obviously the gatherings of a Christian grandpa (perhaps a Pastor?). I laid out and identified half a dozen of the better coins (in which I had no interest) and told him the rest were best offered as 'ancients'. I suggested to him that he put the Christ folles in a dish and offer them to his walk in (all non-ancient) collectors for $10 or $15 each (probably twice their worth). He acted like that was a good idea but I never revisited that shop so I'll never know. This is my example of the blind leading the blind. </p><p>"בשוק סמייא צווחין לעווירא סגי נהור", meaning "In the street of the blind, the one-eyed man is called the Guiding Light",<i>B'reshith Rabba</i>.</p><p>Had the heirs sent those coins to 'real' dealers in ancients, the lot would have been rejected for any price. I hope he sold them and may even have lit a fire of interest in some kid who came to his shop to buy Lincoln cents. We can dream.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 5340958, member: 19463"]DonnaML has the best answer. Until any of us get to the point that we feel comfortable, and I mean really comfortable, with a series of coin, it is advisable to buy from someone who is both honest and knowledgeable with coins of that type. I am a bit more adventurous with coins in my areas of specialty but get nervous when I am buying something about which I am not familiar. This is triply true when that coin is ANY of the popular types that sell easily to people who do not collect ancient coins. That list is led by the types mentioned in the Bible. Thousands of Christians only want 'Tribute Pennies' and '30 Pieces of Silver'. A few years ago I visited a small local coin shop in Ohio (we saw it when we got off the Interstate for lunch). They had about a hundred somewhat ordinary ancients (LRB, Widow's Mites in low grade and perhaps fifty Byzantine bronzes of which half were Christ type Anonymous issues in well worn condition. Also in the group were between 5 and 10 (memory fails) Tiberius/Livia Tribute Pennies and every one was, to my eyes, [U]obviously[/U] fake. None were even a little deceptive. The shop owner had no idea what he had and seemed to appreciate my opinions on the matter of ID and prices. I bought a half a dozen assorted low end Byzantine coins at what I considered fair prices and he said something to the effect that he trusted me because I did not offer to buy any of those Tribute Pennies so I must have been truthful about them being fake. This A2 appealed to me for the style A used on the reverse which was new to me then. It was $5. [ATTACH=full]1226081[/ATTACH] The entire group of coins was probably worth what he had paid the heirs but he had no idea what to ask for what was obviously the gatherings of a Christian grandpa (perhaps a Pastor?). I laid out and identified half a dozen of the better coins (in which I had no interest) and told him the rest were best offered as 'ancients'. I suggested to him that he put the Christ folles in a dish and offer them to his walk in (all non-ancient) collectors for $10 or $15 each (probably twice their worth). He acted like that was a good idea but I never revisited that shop so I'll never know. This is my example of the blind leading the blind. "בשוק סמייא צווחין לעווירא סגי נהור", meaning "In the street of the blind, the one-eyed man is called the Guiding Light",[I]B'reshith Rabba[/I]. Had the heirs sent those coins to 'real' dealers in ancients, the lot would have been rejected for any price. I hope he sold them and may even have lit a fire of interest in some kid who came to his shop to buy Lincoln cents. We can dream.[/QUOTE]
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