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<p>[QUOTE="TIF, post: 2217477, member: 56859"]Here's a somewhat better view of the OP coin, edited from NGC's cert lookup.</p><p><br /></p><p>[ATTACH=full]433925[/ATTACH]</p><p><br /></p><p>As usual, the prongs annoyingly obscure certain details. The reverse is very nice. The obverse is less nice. The legends are not particularly well rendered and are partially off flan. I hope that isn't bronze disease I see at 2:00-3:00 on the reverse.</p><p><br /></p><p>Both of the unslabbed examples posted by Zumbly are <b>far</b> nicer. Both were called "EF" by the auction cataloger. The first coin posted by Zumbly was estimated at $150 and is closer to what coins of that type and condition sell for. In this instance, there must've been two bidders who for whatever reason, really wanted this coin. As Z said, the hammer price was an anomaly, an outlier.</p><p><br /></p><p>Snewman, if you love the coin and are happy with it, that is the most important thing. You paid what you had to pay to win this particular coin on that particular day.</p><p><br /></p><p>However, I agree with others in that you paid a huge premium for the slab and for marketing words. I disagree with NGC's assessment of just about everything on the label. "Mint state"? Not really. Star-worthy? No. Strike 5/5? No. Surfaces 5/5? perhaps.</p><p><br /></p><p>I don't know from whom you bought the coin, but the slab and price are typical for sites like GreatCollections and (increasingly and sadly) Heritage. GC has increased the number of ancient coin offerings and almost all are slabbed, with starting prices and estimates which exceed prices for comparable coins. They seem to be courting the modern collector crowd, hoping to expand their market by offering slabbed coins with "lofty" labels. The percentage of unsold coins in every round is quite high.[/QUOTE]</p><p><br /></p>
[QUOTE="TIF, post: 2217477, member: 56859"]Here's a somewhat better view of the OP coin, edited from NGC's cert lookup. [ATTACH=full]433925[/ATTACH] As usual, the prongs annoyingly obscure certain details. The reverse is very nice. The obverse is less nice. The legends are not particularly well rendered and are partially off flan. I hope that isn't bronze disease I see at 2:00-3:00 on the reverse. Both of the unslabbed examples posted by Zumbly are [B]far[/B] nicer. Both were called "EF" by the auction cataloger. The first coin posted by Zumbly was estimated at $150 and is closer to what coins of that type and condition sell for. In this instance, there must've been two bidders who for whatever reason, really wanted this coin. As Z said, the hammer price was an anomaly, an outlier. Snewman, if you love the coin and are happy with it, that is the most important thing. You paid what you had to pay to win this particular coin on that particular day. However, I agree with others in that you paid a huge premium for the slab and for marketing words. I disagree with NGC's assessment of just about everything on the label. "Mint state"? Not really. Star-worthy? No. Strike 5/5? No. Surfaces 5/5? perhaps. I don't know from whom you bought the coin, but the slab and price are typical for sites like GreatCollections and (increasingly and sadly) Heritage. GC has increased the number of ancient coin offerings and almost all are slabbed, with starting prices and estimates which exceed prices for comparable coins. They seem to be courting the modern collector crowd, hoping to expand their market by offering slabbed coins with "lofty" labels. The percentage of unsold coins in every round is quite high.[/QUOTE]
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