Ten 'cheap' coins from 2017

Discussion in 'Ancient Coins' started by dougsmit, Dec 8, 2017.

  1. dougsmit

    dougsmit Member

    I have expressed my opinion that it is too early to post my ten favorites of 2017 because I hoped to add another winner. However I am comfortable posting these ten which you might term losers even though I do like most of them because I doubt they will be joined by more of their category. I have no shows to attend befor January and few coins like these turn up in big auctions. The image below shows my ten least expensive purchases of 2017. Actually, I had to fudge a bit here to get ten since the Caracalla at $30 was one of three coins that price but I did not want to show more or fewer than ten so....
    bottom10.jpg

    1. $30 Caracalla denarius / Sol coin show

    2. $29 Manuel I half tetarteron mail auction

    3. $28 Aurelian Alexandria tetradrachm mail auction

    4. $20 Probus antoninianus coin show

    5. $15 Gallienus with reverse referring to the army EXERCIT eBay

    6, $15 Saguntum AE16 coin show

    7. $15 Bosporos AE Thothorses/Diocletian coin show

    8. $15 Bosporos AE Rhadamsades/Licinius coin show

    9. $14 Constantinopolis Commemorative Trier mint mail auction

    10. $10 Constantius II AE3/4 FH Rome mint coin show

    That is $191 for ten coins. The question we each must ask is whether we would rather have these ten coins on one nicer coin that cost $191. This year I did not buy a single coin for that figure but I do have one for $180 so I'll show it to illustrate the point. Which is the better use of the money - the first nine above ($181) or the single below? Opinions will differ and include 'none of this junk' as a perfectly fair option. I prefer to think that most would like the coin below more than any single from the low price group but even that is not a certainty in this hobby where we can select from thousands upon thousands of options. For the money, which is the best coin? That, too, will never be a matter of agreement. Right at this second, I might say #7 but ask me again in an hour and the answer might change.

    $180 Magnentius AE1 Trier mint Chi-rho reverse coin show
    (For the record, this is not in my top 10 either - it was a very good year.)
    rx7077fd1305.jpg
     
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  3. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    Awesome coins!! I'd rather have the 'more coins' option.
     
  4. Severus Alexander

    Severus Alexander find me at NumisForums

    I'm most drawn to the two Bosporan coins, but I really like the Aurelian tet and the Gallienus too. (And of course the Magnentius, but like Nathan401 I'd choose the group over the single any day.)
     
  5. Orfew

    Orfew Draco dormiens nunquam titillandus

    I really like the Caracalla. That scowling portrait is priceless imho.
     
  6. Bing

    Bing Illegitimi non carborundum Supporter

    As a budget collector myself, you are my hero @dougsmit. I would take the 10 coins over one that cost the same as the 10.
     
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  7. Sallent

    Sallent Live long and prosper

    I would take at least 6 of those 10 coins into my collection easily. I'm going to try to be a cheap budget collector next year as I try to use most of my hobby money to decorate my home with a vintage look and feel. Seeing the OP post inspires me to know that being cheap doesn't mean one has to settle for unattractive coins.
     
    Gavin Richardson likes this.
  8. Orange Julius

    Orange Julius Well-Known Member

    I'd take the 10 very nice but lower cost coins... but that Magnentius is great too. I have one of those I bought for the cost of one of your group of 10... but mine is uuuugly.

    I'm not usually a "condition is everything" type collector as I like interesting even if ugly coins... but that Constantinopolis Commemorative is probably my favorite because it is total eye candy!
     
    Last edited: Dec 8, 2017
  9. Ancient Aussie

    Ancient Aussie Well-Known Member

    Good value coins Doug, I like 9 & 10 the most as Randy has actually got me interested in fallen horseman to the point I have been browsing and yours is a beauty as well.
     
  10. Kasia

    Kasia Got my learning hat on

    I like the single Magnentius, but I am greedy so I would take the 10. 'Specially since several of them are really attractive! 2,3,6,7,8,9,10.
     
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  11. zumbly

    zumbly Ha'ina 'ia mai ana ka puana

    If I were to lay out all of my 2017 coin purchases in a row from cheapest to the most expensive, and then divide them into two piles of equal value, the larger pile would contain ten times as many coins as the smaller pile. The larger pile would have an average cost per coin of $27, and the smaller pile an average cost per coin of $283. On that basis, I guess my answer to your question is that I'll take all eleven coins :)

    I like your Magnentius, but I really love the thrifty list. They're all great buys in my book, but #5 and #9 are my favorites.
     
  12. Severus Alexander

    Severus Alexander find me at NumisForums

    cf. Nov 29, 2017 :rolleyes:
     
  13. zumbly

    zumbly Ha'ina 'ia mai ana ka puana

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  14. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Usually, I'd prefer the one nicer coin than ten cheaper ones most of the time nowadays. But that was not always the case with me. My "less is more" philosophy is only about four years old. (I did a major purge and transitioned to the current "Eclectic Box" in 2013, focusing on quality over quantity. Which isn't to suggest that quality can't be found in less-expensive coins, of course. It definitely can!)

    Of your group of ten, the ones I like best are #6, the Saguntum AE16, for its interesting design, and #9, the Constantinopolis Commemorative, for its eye appeal.

    Given the opportunity to purchase any of your ten for $19-20 apiece on average (or the prices you paid), would I have? Yes, most probably so. They're a neat assortment.

    Given the opportunity to purchase that big, scowly, jowly Magnentius AE1 for $180, would I have? Probably not, in this case- but not because there's anything wrong with it at all. It's just more of a specialist's coin, perhaps, and I am nonspecialized and not particularly into late Roman bronze. So not my personal cuppa tea, is all. It is a neat coin, though. That baleful Basset Hound portrait is fun, and I like the history behind the Chi-Rho.
     
    Last edited: Dec 9, 2017
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  15. David Atherton

    David Atherton Flavian Fanatic

    I would prefer the group of 10 over the single $180 coin. But then again, I don't know enough about the Magnentius to know what I would be missing out on!
     
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  16. Gavin Richardson

    Gavin Richardson Well-Known Member

    There’s the coin. And then there’s the experience of buying the coin—the research, education, comparative shopping, write up for the flip, etc. For me, buying a coin involves the whole experience. I’ll take the 10 Coins and 10x the learning.
     
  17. TJC

    TJC Well-Known Member

    Ten vs One? I would take the ten. All great coins, including the Chi Rho! This next year is likely to be budget year. I hope to find budget friendly as nice your 10!!
     
  18. Daniel_R6

    Daniel_R6 Well-Known Member

    Thanks for sharing. It's a great list. I like the Caracalla in particular.

    As for 1 or 10, well I was firmly in the 'one' camp but I've really been enjoying peoples budget lists so I think I'll be trying for a mix of both in 2018.
     
  19. randygeki

    randygeki Coin Collector

    Some nice coins Doug. I'd prefer the 10 over the 1 as well.
     
  20. 7Calbrey

    7Calbrey Well-Known Member

    I would prefer one, but not Magnentius. Better a Tet of Alexander The Great of medium condition and, of course, a little bit of luck.
     
  21. Mikey Zee

    Mikey Zee Delenda Est Carthago

    Well, with Doug's picks, I'd definitely go with those ten....but I rarely find such terrific bargains---perhaps I should attend coin shows or hire Doug as my 'agent':D
     
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