Philip I Sestertius 244-249 A.D.

Discussion in 'Ancient Coins' started by gopher29, Apr 28, 2011.

  1. gopher29

    gopher29 Coin Hoarder

    Can anyone tell me anything additional about this coin? Is it rare or fairly common? Does the "Planchet Crack" make it more or less desirable to collectors? Is it overgraded by NNC? What type of money does a coin such as this typically fetch? Any thoughts are appreciated as I know very little about these ancient coins. Thanks.
     

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  3. Mat

    Mat Ancient Coincoholic

    They can be around $60-$150. Theyre pretty common. Cracks are usually looked down upon but with ancients, they dont bother me.
     
  4. Eyestrain

    Eyestrain Junior Member

    Cracks in the flan don't bother me either, unless they detract from the image itself or threaten to split the coin into pieces if not handled carefully. Given the way ancient coins were struck, flan cracks are just something you have to expect and deal with as a collector.

    If I can get a coin for less money just because it has a little crack in it, all the better for me. I have a pretty spectacular Septimius Severus on the way with no less than three cracks in it. However, it's a rare type I've wanted for quite some time, and probably would have bought at twice the price.
     
  5. Mat

    Mat Ancient Coincoholic

    My Domna, Caracalla, & Galerius have cracks but I still enjoy them.

    I am also like Eyestrain, if I can get a flaw for much less money then a flawless example, I do. Guess thats why I still get more expensive U.S. coins with some light cleaning or something over a flawless version.
     
  6. dougsmit

    dougsmit Member

    What is a little crack among friends? This is Gordian III rather than Philip but I'd say this crack makes the coin about 75% off.
    [​IMG]
     
  7. Eyestrain

    Eyestrain Junior Member

    I once bid on a Severan dynasty coin with a Mars reverse that had four cracks in it. The way they were spaced out, they actually complimented the reverse image and made it appear to be a like a particularly dynamic comic-book panel. I was outbid and still regret not going higher to this day, years later.
     
  8. Ripley

    Ripley Senior Member

    Nice ancient. I do not think NNC overgraded your coin.
     
  9. randygeki

    randygeki Coin Collector

    Cool addition. Yeah the only time a crack really bothers is when its all the way through (broken i mean)
     
  10. Mat

    Mat Ancient Coincoholic

    Agreed, I couldnt buy a coin cut in half like you got :/
     
  11. medoraman

    medoraman Supporter! Supporter

    But I think they shouldn't have graded the coin Vf, (what the heck is a 30?) with that large of a crack. In ancients you discount the grade for a flaw, not grade it at full grade. If I saw that coin, I would call it a F, technically aVF, but would downgrade it for the crack.

    I am a strict grader, please do not take it that I do not like the coin or would not like to own it. I just think we need to be conservative in grading, and still love our coins. I just refuse to be lead down the trail of Ebay grading.

    Chris
     
  12. Ripley

    Ripley Senior Member

    VF-30 = Almost complete detail with flat areas (PCGS code)
     
  13. dougsmit

    dougsmit Member

    Whenever I see Sheldon scale numbers applied to ancients, I assume the lister does not know what they are saying. Sheldon has been discredited in both of his areas of expertise but nowhere more than in relative coin values. There are still many people who believe fat people are stupid but fewer think an MS60 is worth double a VF30 and a couple bucks less than an MS65. In his defense, Sheldon never intended his numbers be applied to coins other than early pennies.
     
  14. Ripley

    Ripley Senior Member

    DS what do you think of NNC's grading ??? We know he is a self slabber, but he has been around for 10 years now. I think he is usually in the ballpark. Tonights game my Giants vs Nationals... 3-0 Nationals 6th inning.
     
  15. gopher29

    gopher29 Coin Hoarder

    Is NNC really a "self slabber"? I had not heard that before. By that I assume you are saying that he is purchasing coins, slabbing them himself, and then selling them to others? If that is the case does that mean he isn't actually accepting submissions from people for third party independent grading as his website portrays?
     
  16. Ripley

    Ripley Senior Member

    That is my understanding Gopher. But he does have an online service to check the coins he has graded.
     
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