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<p>[QUOTE=&quot;Roerbakmix, post: 3820406, member: 100731&quot;]I have posted this coin various times on CT before, however, I never told the story behind it (mainly because it was auctioned by CNG). Anyway, here is the coin, and the story continues below:</p><p><br /></p><p>[ATTACH=full]1017225[/ATTACH] </p><p>AR Penny Cnut, rex daenorvm type. Rev: garbled legend. </p><p><br /></p><p>This penny was part of a collection I bought for ca. €200. It contained, apart from this penny, two other pennies of Aethelred, two <i>large</i> Dutch post-medieval silver coins, a couple of high-grade silver denari and antoniani, three Venetian Grosso&#039;s, several very nice bronze Greek coins, and some fake coins as well. </p><p><br /></p><p>At first, I was unable to identify the three Anglo-Saxon coins, but my friend [USER=87271]@AnYangMan[/USER] told me (more or less this way, I expect: <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie67" alt=":nailbiting:" unselectable="on" unselectable="on" />) that they were a) Anglo-Saxon pennies, b) rather rare (the two Aethelred pennies) and c) the Cnut penny was extremely rare. As far as I know, only two other Rex Daenorum types exists.</p><p><br /></p><p>As my collection is eclectic (or rather unfocused), I decided to keep one Aethelred, and sell the Cnut and the other Aethelred. So when I had to visit Oxford for work, London&#039;s CNG office was nearby, and I paid them a visit, and left the coin consigned at $2000. </p><p><br /></p><p>It later sold at $1900, which was a bit of a pity, as I was told it might as well sell at $3000-4000. Anyway, that&#039;s the gamble. So now for the math. When dividing the price paid for the whole collection by the number of coins in it, I paid €7,50 for it. It sold for $1900, which, after auction costs and $ &gt;&gt; € would result in €1400, i.e. 186 times the price I paid for it. This will probably be my record cherry picking story, and I must say, I enjoyed it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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