Heritage Auction Tonight. At 8 pm cst

Discussion in 'Ancient Coins' started by Mammothtooth, Jun 16, 2021.

  1. Mammothtooth

    Mammothtooth Stand up Philosopher, Vodka Taster

    Is anyone looking at this Auction for tonight? I am particularly interested in a Drachma of Alexander III. Wondering what they may go for in XF.

    Any Greek experts out there that can help.
    Rich
     
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  3. Roman Collector

    Roman Collector Well-Known Member

    Heritage is a venue that attracts investors, not merely collectors. Be prepared to PAY.
     
    DonnaML and Ryro like this.
  4. kirispupis

    kirispupis Well-Known Member

    I'm not an expert, but this is the time period I focus on. Prices for Alexanders can be all over the place. It really depends on

    - Lifetime vs after 323 BCE
    - The rarity of the mint
    - The quality of the strike, dies, and centering

    I've seen XF Alexander drachmas go over $1k, though this is too much. Unfortunately, bidding wars that don't really make sense can be common in these coins. Personally, I think $300-$400 for an XF is fair, maybe $600-$700 for a rare mint/type.

    Ironically, as I understand Alexander drachmas are actually rarer than the fancier tets.

    From what I've seen on Heritage, bids on well-known coins like Alexanders tend to go higher than market.

    Pella is a good site for researching types before you purchase. Also try searching for the Price # on CoinArchives and CNG to see what previous ones have gone for.
     
    yakpoo and Mammothtooth like this.
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