Ancient coin

[MillersBullion]

Iv just purchased 3 ancient coins today my first time when it comes to these type of coins normally I buy and sell bullion does anyone have info on these I’m planning to hold these and any idea on their value  

Edited May 22, 2022 by MillersBullion
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[James32]

@Leonmarsh is your man 

[MillersBullion]

4 minutes ago, James32 said:

@Leonmarsh is your man 

Thank you  

[Leonmarsh]

Quite specilaist these coins to be fair, there will be somewhere on here with more knowledge the world of roman can swing from a coupe of quid to a couple of thousand 

Sorry chaps 

[Leonmarsh]

My educated guess would be £30 to £50 each it's amazing really they don't command more 

[LawrenceChard]

14 minutes ago, Leonmarsh said:

My educated guess would be £30 to £50 each it's amazing really they don't command more 

Sounds rather high in the actual grades.

The description "double denarius" for the Gallienus coin is rather questionable. It is an "antoninianus", sometimes called a "radiate", and opinions are divided as to its original face/circulation value. Some sources believe it to have been a 1.5 denarius, althugh it may have originally been intended as a 2 denarius. It was never twice the weight, and was more frequently debased than denarii.

😎

[daca]

condition is everything when it comes to roman/ancient coins

£25-35 for Valens

£35-45 for Gallienus

£25-35 for Julian II

[Leonmarsh]

Wasn't far off then lol 

[dicker]

The reason for the prices….

Supply and demand (as well as condition).  Whilst there is not a vast commercial market for ancient coins, there are a great deal out there.

Additionally there are a lot that are discovered every year.  I have seen some labelled as NGC as from part of a hoard, others are not labelled as such but looking at the grading numbers and coins I think this is the case - or a super large collection.

10,000 were found in a field not far from me about 4 years ago, I have seen reference to far larger hoards being found in Europe   

 

 

 

[LawrenceChard]

45 minutes ago, daca said:

condition is everything when it comes to roman/ancient coins

£25-35 for Valens

£35-45 for Gallienus

£25-35 for Julian II

In much better grades possibly, but in the actual grades, much less.

Would you like to buy a few hundred Gallienus ants for about £5 to £10 each, all better than the OP coin? With provenance, from the Blackmoor Hoard.

It would have been interesting for the OP to have stated how much he paid.

😎

[mustynewb]

I do want to pick up a few more ancients, a couple on the trade section recently but cant justify the costs at the moment with a baby due. 25-45 for a graded coin though i could be tempted hah (i've bought some before i suspect might be fake.. fleabay for you)