Discussion in 'Ancient Coins' started by svessien, May 25, 2020.
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I was surprised by this as well. It seems like the original RBW sale coins tend to bring a nice premium, even those without significantly old provenances. Today I got outbid on 11 coins and the only one I won was a NAC 63 Denarius that sold for about half what it brought at NAC 63. Not the best coin but a rare type with a great provenance.
C. Caesar Octavianus. Denarius, mint moving with Octavian 41, AR 16 mm, 3.82 g. C·CA[ESAR·III]·VIR·R·P·C Head of Octavian r. Rev. Equestrian statue galloping l.; in exergue and on r., POPVL·IVSSV. Babelon Julia 97. C 227. Sydenham 1317. Sear Imperators 299. RBW 1802 (this coin). Crawford 518/2
Ex RBW Collection, NAC 63, 17 May 2012, lot 553, ex Jesus Vico sale June 1992 lot 401
I’m not too worried because an even better example will come along one day, and maybe by then I’ll be able to afford one
Marcus Aurelius augustus, 161 – 180.
Restored issue of M. Antonius. Denarius 161-169, AR 19 mm, 3.42 g. ANTONIVS AVGVR – III VIR R P C Galley l. Rev. ANTONINVS ET VERVS AVG REST – LEG – VI Legionary eagle between two standards. C M. Antonius 83. BMC M. Aurelius 501. RIC 443.
Wonderful old cabinet tone and very fine
Ex Künker sale 153, 2009, 8770.
At least I made 'em pay.
Amazing rare coin at a great price. Congratulations Jordan.
Congratulations on the win! Curious to see which coin you could grasp.
It's the first time I was able to join a NAC auction. The biddr platform of course lowers the bar, and without the addition online bidding fee, even plebs like me could join in. I don't know if the pricing was okay, or not. It depends what you compare it to I guess. Some coins offered would be top notch in other auctions, but would they be hammered at the same price? The fact that it's NAC is a price booster perhaps as well?
Anyway, I entered in some bids here and there, trying my luck out. And lucky I was, I won one coin! My first - and I guess for now my only - NAC coin. It will complete my 12 C's set in silver, so I will post it when it arrives.
By the way, did someone read their newsletter? At one point it says: "In other news, NAC is delighted to announce that it will join “The Numisplace”, a private numismatic marketplace open only to selected coin dealers where we will offer a large selection of our stock." Im curious about this, never heard if it. I can only image the amazing coins that exchange hand at that 'marketplace'... Is this how high end auctioneers fill up their stock?
Congratulations on the win! It's a very nice coin, and I had my bottom feeding eyes on this one as well. I did not enter a bid though, the kids were heading to bed at this time of the auction. It got a fair hammer price indeed (even though it would have been too much for me; yes, I tend to stay very, very close to the bottom). I'm glad you got it
Thanks! I had already written off my chances at getting anything and had gone to bed. Waking up to find out that I had actually won something, albeit at my max, was a pleasant surprise. Looking forward to seeing what you scored.
Thank you, and congratulations to you too! It was my first NAC coin too, which also will complete my 12 C’s set in silver Looking forward to your post when it arrives. I think my coin warrants a post with my own pictures too.
Wow, great capture, Jordan! Very nice.
It has some issues but I liked the style and it has a good pedigree.
As I see it, this is the question: Just how much is it proper to allow for coins with marks, scratches, etc.? Obviously it is a matter of degree but the recent market has been very high for 'perfect' and not at all strong for 'problems' - especially problems described in the sale text or on a slab. Each bidder must decide what is a deal breaker and what can be ignored. Prices for lesser coins are not 'reasonable' or 'bargains' if all they are is in keeping with proper adjustment for their problems. There are quite a few bidders, it seems, that will tolerate only the finest so a scratched coin might attract only a tenth of the interest of a similar coin with no problems. Personally I am easier on scratches than I am on even surface roughness but that is a minority opinion. I do not follow European auctions but I scanned over the results and saw what I considered a bargain Commodus Medallion
When a visible crack separates a bimetallic medallion, it sells for under half of a coin described as heavily tooled on both sides?
There is no sense in auctions.
I was attracted to surprisingly high holed coin:
Mine has much worse faults but no hole ('attempted' or filled with dirt?). Perhaps that is why it was priced at about 6% of the NAC buyer's premium (not the coin, just the BP) at a show last year.
There is a lot of interest looking at the results from auctions. I will be watching for that Commodus to appear again.
Yes that is very shocking to myself as well. A heavily tooled coin to me pretty much loses its “ancient” classification and becomes simply a modern replica. When buying an ancient coin you’re paying for the work that was done 1500+ years ago not the actual metal and tooling pretty much eliminates that work.
I got manhandled on 4 of 5 coins I bid on. I made ‘em pay too but from the bidding ‘they’ didn’t seem to notice. Prices were very strong for the Italian Greek aes I was interested in bringing several multiples over estimates.
I think this is the only correct conclusion.
By the way, did anyone receive a check out notification for their lot(s)?
DIVA PAVLINA Veiled and draped bust r.
CONSECRATIO Paulina, holding sceptre, seated l. on peacock flying upwards
Sestertius 235-238, Æ 32 mm, 23.46 g
C 3. BMC 129. RIC 3.
Very rare. Lovely brown tone and very fine
I received mine yesterday.
1. From the collection of Ernst Justus Haeberlin (1847 - 1925)
2. From the collection of Apostolo Zeno, 1669-1750, Venetian librettist whose coins were deposited in a mountain top monastery in Austria in 1747, where they remained until dispersed in 1956:
The coins are modest and were very inexpensive (the Zeno has a plugged hole, repaired probably in the 1600s). The provenances are outstanding so am surprised they weren't better appreciated* by the market.
*of course as always you gotta do your own provenance research in advance of a sale if you wanna get ahead of the pack.
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