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<p>[QUOTE="AncientJoe, post: 1896739, member: 44357"]I think the market has spoken on this particular coin - I looked at it in 2010 and didn't bid on it (it failed to sell at a $70K estimate). I viewed it again a couple of weeks ago, and still don't like it. Not only is the tooling very obvious as you said, but the coin as a whole lacks "character" in my opinion: the pictures position it better than it looks in-hand (whereas Heritage's pictures of my example were absolutely terrible - upon seeing it in person, I literally doubled my maximum bid).</p><p><br /></p><p>However, considering that the heavily tooled/smoothed Christophe Joron-Derem example which was discussed here a couple weeks ago ended up selling for $97K, I imagine this will still be bid on strongly. It seems like there is still a market for these even when heavily messed with, and Heritage is certainly advertising it significantly.</p><p><br /></p><p>So far, this example has one bid on it at $40K, 27 people tracking, and 825 views (and the full written estimate is $80-100K). On the auction day, my example had 52 tracking, 3,500 views, and had a $60-70K estimate, but no bids until the live sale.</p><p><br /></p><p>Another factor to take into account is the other coins in the auction and overall attendance. Mine was sold alongside a number of low-value coins and had very few people overall, with many lots going unsold. This auction is bound to be very well attended, between the aurei and other coins throughout the sale, although as it stands right now, there aren't many bids posted online.</p><p><br /></p><p>I'm very curious as to what it will end up realizing - the tea leaves aren't telling a convincing story just yet. I plan on attending the auction in person myself and will provide some commentary from the front lines.[/QUOTE]</p><p><br /></p>
[QUOTE="AncientJoe, post: 1896739, member: 44357"]I think the market has spoken on this particular coin - I looked at it in 2010 and didn't bid on it (it failed to sell at a $70K estimate). I viewed it again a couple of weeks ago, and still don't like it. Not only is the tooling very obvious as you said, but the coin as a whole lacks "character" in my opinion: the pictures position it better than it looks in-hand (whereas Heritage's pictures of my example were absolutely terrible - upon seeing it in person, I literally doubled my maximum bid). However, considering that the heavily tooled/smoothed Christophe Joron-Derem example which was discussed here a couple weeks ago ended up selling for $97K, I imagine this will still be bid on strongly. It seems like there is still a market for these even when heavily messed with, and Heritage is certainly advertising it significantly. So far, this example has one bid on it at $40K, 27 people tracking, and 825 views (and the full written estimate is $80-100K). On the auction day, my example had 52 tracking, 3,500 views, and had a $60-70K estimate, but no bids until the live sale. Another factor to take into account is the other coins in the auction and overall attendance. Mine was sold alongside a number of low-value coins and had very few people overall, with many lots going unsold. This auction is bound to be very well attended, between the aurei and other coins throughout the sale, although as it stands right now, there aren't many bids posted online. I'm very curious as to what it will end up realizing - the tea leaves aren't telling a convincing story just yet. I plan on attending the auction in person myself and will provide some commentary from the front lines.[/QUOTE]
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