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<p>[QUOTE="Aleph, post: 5289629, member: 89969"]I have been really pissed at a couple of dealers who do this. For example, about a year ago I was in an auction fight for a particularly nice silver Constantine era tessera, <a href="https://www.acsearch.info/search.html?id=6803775" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.acsearch.info/search.html?id=6803775" rel="nofollow">https://www.acsearch.info/search.html?id=6803775</a>. I have a group of the corresponding silver and bronze pieces from the same series and so was very interested in completing this rare group. I finally gave up the fight because the price was passing the level of funds I could spend at the time. Well, about a month later this pops up on vcoins, <a href="https://www.vcoins.com/en/stores/shanna_schmidt_numismatics_inc/245/product/constantine_i_307310337_ad_constantinople_c_330_ad_ar_siliqua/1306670/Default.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.vcoins.com/en/stores/shanna_schmidt_numismatics_inc/245/product/constantine_i_307310337_ad_constantinople_c_330_ad_ar_siliqua/1306670/Default.aspx" rel="nofollow">https://www.vcoins.com/en/stores/shanna_schmidt_numismatics_inc/245/product/constantine_i_307310337_ad_constantinople_c_330_ad_ar_siliqua/1306670/Default.aspx</a>. Yes, recent auction appearance conveniently omitted. Middle finger extended to said dealer! More recently, a rare lead tessera ex. Trau collection was being offered by Kunker. Two days later when I went to move on it, it was gone. Ok, someone else very much wanted it too, c’est la vie. A couple months later. It pops up on a leu auction.</p><p><br /></p><p>Look, I release it is a free market and all that Randian nonsense. But, when dealers are overtly flipping coins like this, in essence why they are doing is inserting a large fee on price and inflating the price (not to mention a lot of ill will). I know dealers need to make a living too, but it is pretty hard to swallow when you get muscled out of coin by someone who is just looking to make a buck with a huge markup. I would kindly ask dealers not to do this on individual specialist pieces (group lots are totally dealer fair game). If nothing else, it is very obvious to the small group of interested folks for specialist pieces when this is done! And no, it is no consolation that the Schmidt piece is still unsold after ~8 months- I would much rather just have the coin.[/QUOTE]</p><p><br /></p>
[QUOTE="Aleph, post: 5289629, member: 89969"]I have been really pissed at a couple of dealers who do this. For example, about a year ago I was in an auction fight for a particularly nice silver Constantine era tessera, [URL]https://www.acsearch.info/search.html?id=6803775[/URL]. I have a group of the corresponding silver and bronze pieces from the same series and so was very interested in completing this rare group. I finally gave up the fight because the price was passing the level of funds I could spend at the time. Well, about a month later this pops up on vcoins, [URL]https://www.vcoins.com/en/stores/shanna_schmidt_numismatics_inc/245/product/constantine_i_307310337_ad_constantinople_c_330_ad_ar_siliqua/1306670/Default.aspx[/URL]. Yes, recent auction appearance conveniently omitted. Middle finger extended to said dealer! More recently, a rare lead tessera ex. Trau collection was being offered by Kunker. Two days later when I went to move on it, it was gone. Ok, someone else very much wanted it too, c’est la vie. A couple months later. It pops up on a leu auction. Look, I release it is a free market and all that Randian nonsense. But, when dealers are overtly flipping coins like this, in essence why they are doing is inserting a large fee on price and inflating the price (not to mention a lot of ill will). I know dealers need to make a living too, but it is pretty hard to swallow when you get muscled out of coin by someone who is just looking to make a buck with a huge markup. I would kindly ask dealers not to do this on individual specialist pieces (group lots are totally dealer fair game). If nothing else, it is very obvious to the small group of interested folks for specialist pieces when this is done! And no, it is no consolation that the Schmidt piece is still unsold after ~8 months- I would much rather just have the coin.[/QUOTE]
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Provenances of Ancient Coins -- Coinweek Article
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