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<p>[QUOTE="savitale, post: 7971994, member: 95284"]I was watching 25 coins in the Leu auction, all Roman Imperial. That is a large number for me but it was because there were a lot of duplicates in the third part of the sale. Including buyer's fee and currency conversion, the median selling price for these 25 coins was 44% higher than my estimate. My estimates were based on historical prices realized. 44% is a solid premium but is consistent with a strong market in my opinion.</p><p><br /></p><p>For those of you who use the house estimate in your pricing decisions, for these 25 coins the median hammer price was exactly 2.00x estimate. So - at least for this auction house - a realistic thing to do would seem to be to double the house estimate and then work from there. </p><p><br /></p><p>Of course there were anomalies. The coin below sold for 6.21x my estimate. Two people valued it much more than I.</p><p><br /></p><p><img src="https://leunumismatik.com/source/images/auction/22/00352q00.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><b>Lot 352</b></p><p><b>Volusian, 251-253.</b> Antoninianus (Silver, 22 mm, 4.81 g, 1 h), Rome (?), 252. IMP C C VIB VOLVSIANVS AVG Radiate, draped and cuirassed bust of Volusian to right, seen from behind. <i>Rev.</i> FELICITAS PVBL Felicitas standing front, head to left, holding long caduceus in her right hand and cornucopiae in her left. Cohen 32. RIC 205. A very attractive and sharply struck coin with a particularly fine portrait. Virtually as struck.</p><p><br /></p><p><i>From the collection of Regierungsrat Dr. iur. Hans Krähenbühl, ex Münzen & Medaillen AG FPL 321, March 1971, 44.</i>[/QUOTE]</p><p><br /></p>
[QUOTE="savitale, post: 7971994, member: 95284"]I was watching 25 coins in the Leu auction, all Roman Imperial. That is a large number for me but it was because there were a lot of duplicates in the third part of the sale. Including buyer's fee and currency conversion, the median selling price for these 25 coins was 44% higher than my estimate. My estimates were based on historical prices realized. 44% is a solid premium but is consistent with a strong market in my opinion. For those of you who use the house estimate in your pricing decisions, for these 25 coins the median hammer price was exactly 2.00x estimate. So - at least for this auction house - a realistic thing to do would seem to be to double the house estimate and then work from there. Of course there were anomalies. The coin below sold for 6.21x my estimate. Two people valued it much more than I. [IMG]https://leunumismatik.com/source/images/auction/22/00352q00.jpg[/IMG] [B]Lot 352 Volusian, 251-253.[/B] Antoninianus (Silver, 22 mm, 4.81 g, 1 h), Rome (?), 252. IMP C C VIB VOLVSIANVS AVG Radiate, draped and cuirassed bust of Volusian to right, seen from behind. [I]Rev.[/I] FELICITAS PVBL Felicitas standing front, head to left, holding long caduceus in her right hand and cornucopiae in her left. Cohen 32. RIC 205. A very attractive and sharply struck coin with a particularly fine portrait. Virtually as struck. [I]From the collection of Regierungsrat Dr. iur. Hans Krähenbühl, ex Münzen & Medaillen AG FPL 321, March 1971, 44.[/I][/QUOTE]
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