Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Coins That Keep Reappearing for Sale
>
Reply to Thread
Message:
<p>[QUOTE="ambr0zie, post: 7873718, member: 80952"]There is a coin, a RR denarius, in modest condition, that keeps appearing in the last months in the list of an auction house. Last time I saw it, I think, was 2 months ago. Until then I saw it 3 or 4 times - sold - appearing again - sold. </p><p>The coin was accurately described as tooled and repaired (it had a hole sometime in the past) so not sure, perhaps the buyers changed their mind after seeing it in hand, who knows. </p><p><br /></p><p>I also remember a nice Julia Titi denarius appearing twice in a period of 5-6 months - second price being almost double. I think that was a case of flipping for profit.</p><p><br /></p><p>I bought this coin because the reverse is quite unusual and overall I am happy with it, especially since the price was below what I wanted to pay. </p><p>[ATTACH=full]1356859[/ATTACH]</p><p><br /></p><p>When searching for details after winning it, I found it also listed a few months before by the same house. As a coincidence, the hammer price was exactly the same. So probably the buyer refused to pay his order. </p><p><br /></p><p>Overall I think there are 3 possibilities </p><p><br /></p><p>- buyers who cancel the order (but this is hard to believe if you see a coin 4-5 times)</p><p>- the coin is simply uglier in hand, a defect is more visible or something similar</p><p>- collectors or auction houses who hunt coins in auctions just for profit.[/QUOTE]</p><p><br /></p>
[QUOTE="ambr0zie, post: 7873718, member: 80952"]There is a coin, a RR denarius, in modest condition, that keeps appearing in the last months in the list of an auction house. Last time I saw it, I think, was 2 months ago. Until then I saw it 3 or 4 times - sold - appearing again - sold. The coin was accurately described as tooled and repaired (it had a hole sometime in the past) so not sure, perhaps the buyers changed their mind after seeing it in hand, who knows. I also remember a nice Julia Titi denarius appearing twice in a period of 5-6 months - second price being almost double. I think that was a case of flipping for profit. I bought this coin because the reverse is quite unusual and overall I am happy with it, especially since the price was below what I wanted to pay. [ATTACH=full]1356859[/ATTACH] When searching for details after winning it, I found it also listed a few months before by the same house. As a coincidence, the hammer price was exactly the same. So probably the buyer refused to pay his order. Overall I think there are 3 possibilities - buyers who cancel the order (but this is hard to believe if you see a coin 4-5 times) - the coin is simply uglier in hand, a defect is more visible or something similar - collectors or auction houses who hunt coins in auctions just for profit.[/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
>
Coins That Keep Reappearing for Sale
>
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...