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<p>[QUOTE=&quot;robinjojo, post: 4589006, member: 110226&quot;]So true...</p><p><br /></p><p>Getting back to Attica tetradrachm hammer prices on Roma, let&#039;s look at an example.</p><p><br /></p><p>Lot 197 is a tetradrachm that is nicely centered, has the &quot;full crest&quot; that many collectors look for (misplaced in my opinion) and is graded EF by Roma.&nbsp; The hammer price was 550 BP on a 500 BP estimate.&nbsp; There is also a buyers commission of 20% (24% including VAT for UK bidders), or 110 BP.&nbsp; That brings the total price, excluding shipping and currency conversion, if applicable, to 660 BP.&nbsp; </p><p><br /></p><p>Let&#039;s assume the buyer is from the US, buying the lot at 660 BP, so there is a currency conversion involved.&nbsp; Currently the British Pound is trading at roughly $1.24 US.&nbsp; However, the actual conversion rate would be higher the once conversion fee is added.&nbsp; I&#039;ll assume that would be $1.32 but that may be on the low or high side.&nbsp; So, the final price in dollars is $871.20. Shipping cost should also be factored in, but that&#039;s a&nbsp; cost that is affected on the number of lots purchased, so I won&#039;t do that in this exercise. </p><p><br /></p><p>Now, if you are a dealer or even a collector seeking to boost the value of your purchase, you would have this coin slabbed.&nbsp; My experience with Roma is that their grading is fairly conservative, so there&#039;s a pretty good chance that the coin would be slabbed at a high grade and high numeric ratings.&nbsp; The strike and surfaces for this coin look very nice, based on the photo.</p><p><br /></p><p>So, once the coin arrives back in the slab, if put on the market, it could easily, I think, be priced at $2,000 or perhaps more.&nbsp; Such is the economics of buying and selling owls.[/QUOTE]</p><p><br /></p>

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