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<p>[QUOTE="Terence Cheesman, post: 5528587, member: 86498"]In response to Doug Smith, I have always thought that buying ancient coins is a bit of a dance. The reason being is that there are so very few perfect coins. When I get the opportunity to purchase a coin I need to look at; centering, strike, condition, style, damage done to the coin before, during and after it went into the ground, pedigree,.... the list is endless. Finally I have to contend with how much I am willing to spend which is usually determined by how "important" the coin is to me. I know my response to any of these issue is unique. On a few occasions I have had either directly or indirectly the question posed to me "why did you buy that ***** thing?" I have to assume that not everyone agrees with my choices nor will I always I agree with theirs. As Doug in a previous post so rightly and so succinctly put it there is more than one way to collect.</p><p> In all of the angst exhibited over the results of Triton XXIV I could not help but to notice that some number of coins did not perform all that well. A number of electrum staters from Kyzikos had along with their pedigrees, the results from the previous auction. In nearly every case, these coins sold for less than what they did in those auctions. I cannot come to any conclusion about this except to say that an auction is something of a crap shoot.</p><p> To illustrate my point Back in 2016 I was in Munich attending the Numismata. I saw this coin</p><p> Chalkidian League Ar Tetradrachm Olynthos Mint Circa 350 BC Obv Head of Apollo right laureate. Rv, Kithara. Robinson & Clement Group V 128 HGC 500 14.49 grms 25 mm Photo by W. Hansen[ATTACH=full]1240620[/ATTACH] Everything is great on this coin except for the issue on the reverse edge at 9 O'clock. There is some on the corresponding obverse edge but less so at 5 O'clock I had just enough money to purchase this coin but there was an auction the next day and there were coins I liked in that auction. However I really liked this coin. It would fill a significant gap in my collection. Well it is pretty obvious I decided I could live with the problem and bought it. I concluded that the issue though distracting did not interfere with any of the features on the coin. In a way it was a good thing I would have gotten skunked the next day. (sounds like sour grapes but it isn't) Well this coin has done its job. I wrote an article on it in the Planchet some years ago and I have featured it in all my seminars of Greek coins subsequently and I still like it.[/QUOTE]</p><p><br /></p>
[QUOTE="Terence Cheesman, post: 5528587, member: 86498"]In response to Doug Smith, I have always thought that buying ancient coins is a bit of a dance. The reason being is that there are so very few perfect coins. When I get the opportunity to purchase a coin I need to look at; centering, strike, condition, style, damage done to the coin before, during and after it went into the ground, pedigree,.... the list is endless. Finally I have to contend with how much I am willing to spend which is usually determined by how "important" the coin is to me. I know my response to any of these issue is unique. On a few occasions I have had either directly or indirectly the question posed to me "why did you buy that ***** thing?" I have to assume that not everyone agrees with my choices nor will I always I agree with theirs. As Doug in a previous post so rightly and so succinctly put it there is more than one way to collect. In all of the angst exhibited over the results of Triton XXIV I could not help but to notice that some number of coins did not perform all that well. A number of electrum staters from Kyzikos had along with their pedigrees, the results from the previous auction. In nearly every case, these coins sold for less than what they did in those auctions. I cannot come to any conclusion about this except to say that an auction is something of a crap shoot. To illustrate my point Back in 2016 I was in Munich attending the Numismata. I saw this coin Chalkidian League Ar Tetradrachm Olynthos Mint Circa 350 BC Obv Head of Apollo right laureate. Rv, Kithara. Robinson & Clement Group V 128 HGC 500 14.49 grms 25 mm Photo by W. Hansen[ATTACH=full]1240620[/ATTACH] Everything is great on this coin except for the issue on the reverse edge at 9 O'clock. There is some on the corresponding obverse edge but less so at 5 O'clock I had just enough money to purchase this coin but there was an auction the next day and there were coins I liked in that auction. However I really liked this coin. It would fill a significant gap in my collection. Well it is pretty obvious I decided I could live with the problem and bought it. I concluded that the issue though distracting did not interfere with any of the features on the coin. In a way it was a good thing I would have gotten skunked the next day. (sounds like sour grapes but it isn't) Well this coin has done its job. I wrote an article on it in the Planchet some years ago and I have featured it in all my seminars of Greek coins subsequently and I still like it.[/QUOTE]
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