Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Do you think that Roma Numismatics overestimate the value of their lots?
>
Reply to Thread
Message:
<p>[QUOTE="Rich Beale, post: 3126724, member: 77960"]Hi Herberto, I am not offended in the least. Open and frank discussion is always welcome.</p><p><br /></p><p>If you are, as you say, convinced that you have paid too much then there is probably little I can do to dissuade you from that idea. However, as others have pointed out the coin is a rare type, and ancient coins are normally not directly comparable because of their often very different conditions and properties.</p><p><br /></p><p>That said, I have checked our records - in 10 years we have sold only 2 examples of this type. The other, which was of lesser grade, sold for £260.</p><p><br /></p><p>The coin you bought was estimated at £500 (which I still consider to be fair), and in fact you were not the only bidder, and you did not buy it at the opening bid as you have claimed. Contrary to what is stated above, the lot opened at £400, and since you evidently bought it for £440, there must have been at least one, if not more, other bids on that lot from another one or more bidders. Do not mistake me, I am not suggesting any dishonesty on your part in your post. The auction was 2 years ago and it’s easy to forget details like this.</p><p><br /></p><p>In any case, if you’re not happy with the price you paid I can gladly confirm that Roma Numismatics would be willing to buy the coin back from you, as I still feel today that it’s worth more than the price you paid.[/QUOTE]</p><p><br /></p>
[QUOTE="Rich Beale, post: 3126724, member: 77960"]Hi Herberto, I am not offended in the least. Open and frank discussion is always welcome. If you are, as you say, convinced that you have paid too much then there is probably little I can do to dissuade you from that idea. However, as others have pointed out the coin is a rare type, and ancient coins are normally not directly comparable because of their often very different conditions and properties. That said, I have checked our records - in 10 years we have sold only 2 examples of this type. The other, which was of lesser grade, sold for £260. The coin you bought was estimated at £500 (which I still consider to be fair), and in fact you were not the only bidder, and you did not buy it at the opening bid as you have claimed. Contrary to what is stated above, the lot opened at £400, and since you evidently bought it for £440, there must have been at least one, if not more, other bids on that lot from another one or more bidders. Do not mistake me, I am not suggesting any dishonesty on your part in your post. The auction was 2 years ago and it’s easy to forget details like this. In any case, if you’re not happy with the price you paid I can gladly confirm that Roma Numismatics would be willing to buy the coin back from you, as I still feel today that it’s worth more than the price you paid.[/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
>
Do you think that Roma Numismatics overestimate the value of their lots?
>
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...