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What's with these Tigranes II coins?
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<p>[QUOTE="robinjojo, post: 24643893, member: 110226"]That's an excellent coin! Often times the metal quality and strike quality are only so-so. That coin is far above the average example, in my opinion.</p><p><br /></p><p>A hoard, or hoards, of Tigranes II tetradrachms have been hitting the market. They are also appearing in CNG and Roma auctions. The prices that they are bringing appear quite solid, given the numbers appearing, but it is important to keep in mind that these coins sold for much more before the appearance of the hoard and were considered very rare.</p><p><br /></p><p>My Tigranes II tetradrachm cost me well over $2,000 dollars years ago from CNG, and it is definitely in the VF range grade-wise, with somewhat rough surfaces.</p><p><br /></p><p>Tigranes II "The Great", tetradrachm, 95-56 BC.</p><p>Bedoukian (CAA) 40</p><p>15.8 grams</p><p><br /></p><p>[ATTACH=full]1568525[/ATTACH]</p><p><br /></p><p>Recently (June 9th specifically) I was presented with a group of these coins by an Israeli dealer. As far as I know they sold for around $1,200 to $1,400 each. I think there might have been some pretty rare varieties included, but I don't collect by variety.</p><p><br /></p><p>[ATTACH=full]1568526[/ATTACH]</p><p><br /></p><p>How long will these coins appear in such numbers? That's hard to say since the size of the hoard is not known, and apparently coins are entering the market slowly and methodically. I doubt that we are looking at a scenario comparable to that of the gargantuan hoard of classical Athenian owls from Turkey several years ago. </p><p><br /></p><p>This could be a good time of for a collector to pick up a Tigranes II type coin before the hoard is absorbed by the market and prices inch up once again.[/QUOTE]</p><p><br /></p>
[QUOTE="robinjojo, post: 24643893, member: 110226"]That's an excellent coin! Often times the metal quality and strike quality are only so-so. That coin is far above the average example, in my opinion. A hoard, or hoards, of Tigranes II tetradrachms have been hitting the market. They are also appearing in CNG and Roma auctions. The prices that they are bringing appear quite solid, given the numbers appearing, but it is important to keep in mind that these coins sold for much more before the appearance of the hoard and were considered very rare. My Tigranes II tetradrachm cost me well over $2,000 dollars years ago from CNG, and it is definitely in the VF range grade-wise, with somewhat rough surfaces. Tigranes II "The Great", tetradrachm, 95-56 BC. Bedoukian (CAA) 40 15.8 grams [ATTACH=full]1568525[/ATTACH] Recently (June 9th specifically) I was presented with a group of these coins by an Israeli dealer. As far as I know they sold for around $1,200 to $1,400 each. I think there might have been some pretty rare varieties included, but I don't collect by variety. [ATTACH=full]1568526[/ATTACH] How long will these coins appear in such numbers? That's hard to say since the size of the hoard is not known, and apparently coins are entering the market slowly and methodically. I doubt that we are looking at a scenario comparable to that of the gargantuan hoard of classical Athenian owls from Turkey several years ago. This could be a good time of for a collector to pick up a Tigranes II type coin before the hoard is absorbed by the market and prices inch up once again.[/QUOTE]
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What's with these Tigranes II coins?
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