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Have you ever bought a coin just because of provenance?
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<p>[QUOTE="red_spork, post: 2856714, member: 74282"]For US-based collectors of some types of ancients, provenance is extremely important. The unelected members of the Cultural Property Advisory Committe(CPAC), part of the Department of State, have passed a Memorandum of Understanding(MOU) with Italy which restricts the import into the US of certain early Italian and Roman types. The gist of the regulation is that there must be sufficient evidence(i.e. provenance) that the coin was out of the ground prior to the date of the passing of the MOU in 2011 or the coins are subject to seizure by customs. Even when buying from dealers and auction houses in the US and not subject to import restrictions I try to stick with provenanced examples as well, just to keep my collection completely above board. This coin is one such coin that I specifically purchased because I was able to verify that the previous collector had it in 2010(via <a href="https://www.flickr.com/photos/ahala_rome/4980309886/in/photolist-8A6oBQ" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.flickr.com/photos/ahala_rome/4980309886/in/photolist-8A6oBQ" rel="nofollow">a photo on his Flickr page</a>) and thus it was not subject to seizure under these restrictions:</p><p><br /></p><p>[ATTACH=full]679306[/ATTACH] </p><p>Roman Republic Æ litra(5.75g, 18mm), anonymous, after 264 B.C., Cosa mint. Helmeted head of minerva right; border of dots / Horse's head right, on base; behind, ROMA[NO] upwards. Crawford 17/1d; BMCRR Romano-Campanian 12; Sydenham 3a</p><p>Ex Thersites collection(ROMA e-sale 32, 1/7/2017, lot 662), ex Andrew McCabe Collection, acquired 2010</p><p><br /></p><p>Did I pay extra because of the provenance? Perhaps, but not too terribly much more than I might have otherwise paid for this scarcer variety. In my opinion it's just a cost of collecting these types.[/QUOTE]</p><p><br /></p>
[QUOTE="red_spork, post: 2856714, member: 74282"]For US-based collectors of some types of ancients, provenance is extremely important. The unelected members of the Cultural Property Advisory Committe(CPAC), part of the Department of State, have passed a Memorandum of Understanding(MOU) with Italy which restricts the import into the US of certain early Italian and Roman types. The gist of the regulation is that there must be sufficient evidence(i.e. provenance) that the coin was out of the ground prior to the date of the passing of the MOU in 2011 or the coins are subject to seizure by customs. Even when buying from dealers and auction houses in the US and not subject to import restrictions I try to stick with provenanced examples as well, just to keep my collection completely above board. This coin is one such coin that I specifically purchased because I was able to verify that the previous collector had it in 2010(via [URL='https://www.flickr.com/photos/ahala_rome/4980309886/in/photolist-8A6oBQ']a photo on his Flickr page[/URL]) and thus it was not subject to seizure under these restrictions: [ATTACH=full]679306[/ATTACH] Roman Republic Æ litra(5.75g, 18mm), anonymous, after 264 B.C., Cosa mint. Helmeted head of minerva right; border of dots / Horse's head right, on base; behind, ROMA[NO] upwards. Crawford 17/1d; BMCRR Romano-Campanian 12; Sydenham 3a Ex Thersites collection(ROMA e-sale 32, 1/7/2017, lot 662), ex Andrew McCabe Collection, acquired 2010 Did I pay extra because of the provenance? Perhaps, but not too terribly much more than I might have otherwise paid for this scarcer variety. In my opinion it's just a cost of collecting these types.[/QUOTE]
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