Featured EID MAR chronicles

Discussion in 'Ancient Coins' started by Ocatarinetabellatchitchix, Aug 16, 2019.

  1. Rich Beale

    Rich Beale Well-Known Member

    Except that it isn't - they don't get any more blindingly obviously authentic than this. It's best not to rely on second-hand chitchat from lamoneta.it where they don't even believe that EID MAR denarii are real: apparently little green men planted them as a hoax or something.

    Thank you, I hope you enjoyed browsing it as much as we enjoyed cataloguing it.
     
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  3. Cucumbor

    Cucumbor Dombes collector Supporter

    Browsing the RR and Imperatorial catalogues made my day !
    Every lot I thought "oh that's gorgeous, I should check if I can allow myself to bidding on it". And every next lot was even better. Now I don't know where to look....

    Q
     
    Roman Collector likes this.
  4. kazuma78

    kazuma78 Supporter! Supporter

    This sale is fantastic. I'm hoping to win 1 of the syracuse lots. Can't wait!
     
  5. IdesOfMarch01

    IdesOfMarch01 Well-Known Member

    In all likelihood, the hammer price will depend on the number of bidders who are comfortable with the coin's authenticity.

    Let's hypothesize that there may be a half dozen bidders who can afford the coin. If all of them are engaged in the bidding, the price will be high, since everyone else's bid will reinforce each bidder's confidence in the coin's authenticity ("If he/she is bidding on it too, the coin is probably authentic."). But if only a couple or maybe three bidders emerge, the hammer price might still be high but lower than expected, since a little wariness will creep into the bidders' psyche ("I know there are others who can afford this coin -- why aren't they bidding too?").

    In any event, it should be an interesting auction.
     
  6. TuckHard

    TuckHard Well-Known Member

    Cool thread, that gold piece is really something to see. Here is the EID MAR shown in the 1861 Coins, Medals, and Seals: Ancient and Modern by William Cowper Prime, available for free on Archive.org.

    upload_2020-9-13_3-23-42.png
     
  7. dougsmit

    dougsmit Member Supporter

    The old saying is that if you have to ask, you can't afford it. I am sure that the coin will sell to someone for whom $5 million is like $5000 is for most of us and I would not be surprised if it ended up 'on loan' to major museum. The write up for the lot even addresses the progress of some of the marks which makes it a good thing that they used the denarius dies. Were the aureus dies different, the process of authentication would have been harder. I would love to know how many aurei were made in the first place and to what use they were put. I could see a small issue with one each going to VIP's of the faction. Lets spread the rumor that Brutus himself presented the coin to a galley captain just before both of them were eliminated. That should guarantee the $5 million number.

    If I found a coin like that in my attic, you would never know for at least a few generations. The provenance is worth as much as the coin. Without it, I would think, at least two countries would already have sued for repatriation.
     
  8. DonnaML

    DonnaML Supporter! Supporter

    The valuation catalog at the back of my copy of the 1784 edition of John Pinkerton's Essay on Medals values the Brutus gold Eid Mar aureus at 25 pounds -- the highest of any ancient Roman coin. The Eid Mar denarus is valued at only 6 1/2 pounds, by contrast.
     
    -jeffB, kazuma78 and Roman Collector like this.
  9. Ocatarinetabellatchitchix

    Ocatarinetabellatchitchix Supporter! Supporter

  10. lordmarcovan

    lordmarcovan Eclectic & avid numismatist Moderator

    Sure, 25 quid was a ton of money in 1784, but just the sound of that... wow.
     
  11. coll20

    coll20 New Member

  12. Roman Collector

    Roman Collector Supporter! Supporter

    Curtis likes this.
  13. panzerman

    panzerman Well-Known Member

    Yes, but it was easier to save up 25 Pounds in 1784/ then 3.25M Pounds in 2020. In 1784 25 Quid=$125 Gold Dollars.
    Now 3.25= $4.1US:(
     
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