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Picked up my first ancient...Gordian III Antoninianus
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<p>[QUOTE="dougsmit, post: 1969797, member: 19463"]Gordian III was the cheapest silver when I started in the hobby 50 years ago so it is not based on one recent find. While there are a few scarce reverses and more popular styles, they are mostly low priced in average grade. The OP coin is far below average. Bing's pair strike me as correctly priced. A problem or blessing with the LCS as a source is that the owners may be wholly ignorant of the difference between premium coins and common ones. Some charge high prices for everything while others buy cheap and sell all for a small markup. Until you advance enough that you can protect yourself from overcharges and fakes (your dealer would not know the difference, most likely), I would suggest buying by mail or from specialist dealers. Flea markets and coin stores that specialize in bullion silver are rarely good places for ancients.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1969797, member: 19463"]Gordian III was the cheapest silver when I started in the hobby 50 years ago so it is not based on one recent find. While there are a few scarce reverses and more popular styles, they are mostly low priced in average grade. The OP coin is far below average. Bing's pair strike me as correctly priced. A problem or blessing with the LCS as a source is that the owners may be wholly ignorant of the difference between premium coins and common ones. Some charge high prices for everything while others buy cheap and sell all for a small markup. Until you advance enough that you can protect yourself from overcharges and fakes (your dealer would not know the difference, most likely), I would suggest buying by mail or from specialist dealers. Flea markets and coin stores that specialize in bullion silver are rarely good places for ancients.[/QUOTE]
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Picked up my first ancient...Gordian III Antoninianus
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