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What does "rare" mean, for an ancient coin?
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<p>[QUOTE="robinjojo, post: 8538305, member: 110226"]Rarity, while at least in theory a measure of surviving examples of a given coin type. At least that is the case with modern coins. Other parameters, such as date, condition, mint, die varieties, errors, etcetera often also apply.</p><p><br /></p><p>However the caveat for ancients as far as rarity applies is the wildcard of hoards. What is very scarce or rare can change almost over night if a hoard appears on the market. Auction records and private sales can be useful guide, insofar that they reflect a high percent of sales for a given coin type. </p><p><br /></p><p>But there are other factors when it comes to ancient coins: metal quality, style, centering, flan, toning (for silvers coins) and in the case of bronze coins, patina and surface conditions. In other words a coin could be quite common, but possesses unusually beautiful die style, or is struck on a large flan for the type allowing most or all detail to be present. </p><p><br /></p><p>So I see rarity in the context of ancient coins as being driven not only by a coin's census, but also by more intangible aspects that make a coin desirable irrespective of numbers available on the market at any given time. This factor of desirability is really quite subjective, and while an ancient might be fortunate to have this factor, it does not necessarily translate into a higher value. </p><p><br /></p><p>It seems, based on my experience, that coins with a reputation for beauty, such as Syracusan coinage, generally bring high bids at auction, regardless of the number of examples that appear over the years on dealers' lists and through auctions.[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 8538305, member: 110226"]Rarity, while at least in theory a measure of surviving examples of a given coin type. At least that is the case with modern coins. Other parameters, such as date, condition, mint, die varieties, errors, etcetera often also apply. However the caveat for ancients as far as rarity applies is the wildcard of hoards. What is very scarce or rare can change almost over night if a hoard appears on the market. Auction records and private sales can be useful guide, insofar that they reflect a high percent of sales for a given coin type. But there are other factors when it comes to ancient coins: metal quality, style, centering, flan, toning (for silvers coins) and in the case of bronze coins, patina and surface conditions. In other words a coin could be quite common, but possesses unusually beautiful die style, or is struck on a large flan for the type allowing most or all detail to be present. So I see rarity in the context of ancient coins as being driven not only by a coin's census, but also by more intangible aspects that make a coin desirable irrespective of numbers available on the market at any given time. This factor of desirability is really quite subjective, and while an ancient might be fortunate to have this factor, it does not necessarily translate into a higher value. It seems, based on my experience, that coins with a reputation for beauty, such as Syracusan coinage, generally bring high bids at auction, regardless of the number of examples that appear over the years on dealers' lists and through auctions.[/QUOTE]
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What does "rare" mean, for an ancient coin?
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