I committed a darkside taboo!

I committed a darkside taboo! With full intention on doing so ^_^

Today I got my first slabbed ancient, and it's probably going to stay slabbed
I wanted to own at least one slabbed ancient and was able to get this for $30 shipped. A price that, IMO, represents a fair value of the coin slab or not. It's funny though since I really was buying the plastic and not the coin but paid for the coin not the plastic.

The grade is Ch VF. The seller had an XF (thats a higher grade right?) for a couple bucks more, but this one had way more eye appeal.





Postumus AR Antoninianus. Cologne Mint ? 262-268 AD. Obv.IMP C POSTVMVS P F AVG, radiate draped cuirassed bust r. Rev. MONETA AVG, Moneta standing left holding scales and cornucopia.
RIC 75.

All that plastic made it had to get a decent pic. It's really nice in hand.

Edit: On a side note, it wasnt the coin I ordered, equally as nice so Im not sure want action to take. edit (again): "Due to quantity serial numbers will differ" I assume that means a Random ch vf postumus


Lets see some more slabbed (now or formerly) acients

 

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What makes it a double denarius? Is that the same thing as antoninianus?

I have no slabbed ancients and any that were slabbed are unknown to me.

I think you paid a very fair price for the coin.

Just curious, why did you want a slabbed ancient?

 

Yeah its the same as an antoninianus.

http://www.forumancientcoins.com/dougsmith/denom.html

I can't really explain why other than I just wanted one haha

 

Hahaha-- that's a great coin for $30! Dang!! Pretty funny story too.

Given the asking price for the current crop of Postumus/Moneta ants on Vcoins, you found a great bargain!

I don't have enough data in the sample size (yet), but this seems to add fuel to the observation that slabbed coins graded less than AU sell for under market value (and coins graded AU or higher sell for more than they're worth)-- that slabbed ancients are marketed to and primarily bought by collectors of moderns to who view grade as the end-all.

 

What a buy $30 shipped, it would have cost them that to slab it, fantastic buy I would have done the same.

 

My only slabbed ancient:-

Septimius Severus denarius

Obv:– L SEPT SEV PE-RET AVG IMP II, Laureate head right
Rev:– FORT R-D-EVC, Fortuna seated left holding rudder and cornucopiae
Minted in Laodicea-ad-Mare. A.D. 194
Reference:– BMC W Page 108 * var (citing Cohen 168 though Cohen 168 is PERT). RIC 451 var (451 listed for PERT and noted for PERET (RD)). RSC 168 var (PERET for PERT)



Why anyone bothered to slab it is beyond me.

 

Great pick up for $30. A few, crude, 02:00 photos. I have a few NGC slabs.





-Michael

 

I'm definitely happy with it, despite not being what I thought I ordered, but that was my fault for not fully reading the description. My only other slabbed coin is a AU58 1886 Morgan Dollar which I bought for the same reason and got at price that didnt reflect the plastic as well. I'm often asked, like Martin with his denarius, "why would anyone slab that?" My local shop would charge me more just to send one in to be graded while still being fair priced.


Heres a good pic, if not for the reflection.


My other Postumus for about the same price.

 

Wonderful coins Michael

 

I un-slabbed this Valerian Sestertius (my only slabbed purchase so far) because I like to play with my coins:

 

I have bought several stabbed ancients, I still have most of the coins, but none of the slabs.

 

That's a cool purchase for the price---and as TIF points out, it seems 'lower grade' slabs go for a bit under market and, like yours, no more than the usual cost when marketed as 'raw' ( your's seems a bargain for less than $50).I find numerous examples of about VF like that offered at Heritage......But then I also have to pay state sales tax so I tend to shy away

 

Like I said in the thread about "why we collect", this is a psychological disorder where a statement like the one quoted makes perfect sense...to a collector.

 

I could show you a couple hundred moderns in slabs, but so far I have resisted the urge to by a stabbed ancient.

 

That's more than a few - nice collection.

 

Nice coin.

I originally bought this in a slab. The coin spoke to me & I couldn't walk away from it.

 

that was a deal. here's my slabbed ones. i sent these off to have them authenticated (the NGC's) along with an otho and marc ant. coins that turned out to be counterfeit. highly important coins to me or have doubts on i send

 

That's a nice coin RG, 30 bucks...yup, I'd buy that as well. I don't really care if the coin I buy is in a slab or not very much (other than the slight annoyance of having to remove it from the slab). I have bid on a few slabbed coins, but have never purchased one.

 

Great find, Randy. The coin itself is worth more then that. Great portrait too.

My slabbed ancients all have been freed.

 

Um...why?