The following coin is being offered at auction with a starting bid of $1500: I have an example of this same coin I purchased a few years back for less than $100: NERO CLAUDIUS DRUSUS AE Sestertius OBVERSE: NERO CLAVDIVS DRVSVS GERMANICVS IMP - Bare head left REVERSE: TI CLAVDIVS CAESAR AVG P M TRP IMP Exe: SC - Claudius seated left, holding branch; weapons on floor Rome 41BC-2 AD 28.6g, 36mm RIC 93 Now I know its obvious my example is in lower condition; however, the difference in price is astounding. I question the starting price. Comments??
I don't know enough about ancients to contribute with knowledge, but I will ask this; is it a condition rarity thing, perhaps, not many surviving examples of high grade?
I would agree with @-monolith- @Bing It looks tooled to me too. I guess the starting price is aimed at "investors" and not "collectors". Yours is the real deal and the other might attract unwanted scrutiny in the future. Your's won't.
A very good point. A starting bid is exactly that, the number behind that might be zero. I have three ancients in my watchlist at GC because I like the look of them and wanted to see what they go for. They keep coming back up for me because nobody has hit the starting bid yet. All three have been put into, I think, four auctions now.