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What to make of Cederlind price on coin insert from CNG
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<p>[QUOTE="iamtiberius, post: 2438681, member: 37707"]I'm in the same boat; although my insert price may have a little more credence due to past auction records.</p><p><br /></p><p>[ATTACH=full]507795[/ATTACH]</p><p><b>BOEOTIA, Federal Coinage. </b>Circa 304-294 BC. AR Drachm (19mm, 5.62 g). Boeotian shield / Amphora within incuse square. BCD Boiotia 62; HGC 4, 1164. VF, toned, traces of find patina, light scratch under tone in field on obverse.</p><p><i>From the estate of Thomas Bentley Cederlind.</i></p><p><i><br /></i></p><p>Insert:</p><p>[ATTACH=full]507798[/ATTACH]</p><p><br /></p><p>CNG 2016 Purchase Price: $220 (sans buyer's fee)</p><p>CNG 2016 Estimate: $300</p><p><br /></p><p>This same coin was auctioned through CNG Mail bid sale #58, 18 Sept 2001, lot 420 w/ the following description:</p><p>Source Via <a href="http://www.wildwinds.com/coins/sg/sg2371.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.wildwinds.com/coins/sg/sg2371.html" rel="nofollow">Wildwinds</a></p><p><br /></p><p>[ATTACH=full]507797[/ATTACH]</p><p><br /></p><p><i>420. Thebes. Circa 480-456 BC. AR Drachm (5.63 gm). Boeotian shield /</i></p><p><i>Amphora in incuse square. BMC Central Greece pg. 69, 19; SNG Copenhagen</i></p><p><i>261. EF, beautiful dark toning. ($1000)</i></p><p><i><br /></i></p><p><i>This rare drachm is from the period after the end of the Persian Wars and</i></p><p><i>before the Athenian invasion of Boeotia in 456. Most of the Boeotian League</i></p><p><i>had Medized during the Persian Wars. After the Greek victory, the region</i></p><p><i>went into a political and economic decline, with little coinage being</i></p><p><i>produced.</i></p><p><br /></p><p><i>Lot sold for $925.</i></p><p><br /></p><p>It's not totally asinine to price a coin at $2750 if it sold for $1000+ with a buyer's fee back in 2001. I've seen several of the same coins sell for more than double at auction with more than 10 years between auctions.</p><p><br /></p><p>I wonder if my specific coin's value has dropped due to an introduction of several other Boeotian drachms since 2001, or a hoarde find? Interesting, nonetheless.</p><p><br /></p><p>-Michael[/QUOTE]</p><p><br /></p>
[QUOTE="iamtiberius, post: 2438681, member: 37707"]I'm in the same boat; although my insert price may have a little more credence due to past auction records. [ATTACH=full]507795[/ATTACH] [B]BOEOTIA, Federal Coinage. [/B]Circa 304-294 BC. AR Drachm (19mm, 5.62 g). Boeotian shield / Amphora within incuse square. BCD Boiotia 62; HGC 4, 1164. VF, toned, traces of find patina, light scratch under tone in field on obverse. [I]From the estate of Thomas Bentley Cederlind. [/I] Insert: [ATTACH=full]507798[/ATTACH] CNG 2016 Purchase Price: $220 (sans buyer's fee) CNG 2016 Estimate: $300 This same coin was auctioned through CNG Mail bid sale #58, 18 Sept 2001, lot 420 w/ the following description: Source Via [URL='http://www.wildwinds.com/coins/sg/sg2371.html']Wildwinds[/URL] [ATTACH=full]507797[/ATTACH] [I]420. Thebes. Circa 480-456 BC. AR Drachm (5.63 gm). Boeotian shield / Amphora in incuse square. BMC Central Greece pg. 69, 19; SNG Copenhagen 261. EF, beautiful dark toning. ($1000) This rare drachm is from the period after the end of the Persian Wars and before the Athenian invasion of Boeotia in 456. Most of the Boeotian League had Medized during the Persian Wars. After the Greek victory, the region went into a political and economic decline, with little coinage being produced.[/I] [I]Lot sold for $925.[/I] It's not totally asinine to price a coin at $2750 if it sold for $1000+ with a buyer's fee back in 2001. I've seen several of the same coins sell for more than double at auction with more than 10 years between auctions. I wonder if my specific coin's value has dropped due to an introduction of several other Boeotian drachms since 2001, or a hoarde find? Interesting, nonetheless. -Michael[/QUOTE]
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