Egry

$9k isn’t even that bad for that coin. I’d pay that in a heartbeat. If you come across another drop me a Pm. Yep, I moved from Canada shortly after JT got into power. I’m not one to talk politics on this forum but I totally agree with you that he has been completely reckless with the the management of the country. FYI I’m from Sask originally so we are known not to be Trudeau supporters not PT or JT, so my comments may be biased. At least Pierre was intelligent, I’ll give him that. Politicians like JT are now a dime a dozen unfortunately. Here’s to hoping the pendulum swings back the other way.

I’m afraid to know how much that set you back, but totally worth it!

Number 9 is so cool. I’ve never seen one like it before.

@ChrisB, thanks for the lead. In Summary based on one’s of similar condition and most recent sale: Hammer $3,969 USD + buyers (sold in 2019) Hammer $1,058 USD + buyers (sold in 2108) Hammer $2,200 USD + buyers (sold in 2018) Hammer $1,506 USD + buyers (sold in 2016) (for easy comparison) Below is the one I bought (in 2022) it was about $1,500 USD (includes buyers). Based on the above I think it was a fair price if not even A bit of a deal despite the small flan crack on rev at 12 o’clock. It’s definitely way better condition than the one that sold for $3,969 + buyers.

I agree keep it unslabbed while I own it. I do enjoy it! I think if it wasn’t at a little known local auction house it would have no likely commanded a higher hammer. Opinion only.

@robinjojo it wasn’t cheap, obviously someone else besides me saw the value. Worked out to about the equivalent of €1500. in hand the coin is better than EF in my opinion. I can’t believe I’m saying this but should I get it NGC graded and slabbed?

A fellow coin collector from Germany who I’m in contact with via Reddit ( @Helvius Pertinax!, cheers mate) has provided me with this response, due to the obscure nature of this Thaler I thought it prudent to share: ”Okay, I finally found a good paper on the coin (which was a pain to access 😅). Information is quite scarce, we are talking about a relatively small and obscure duchy. I'll tell you what I found out now, since I doubt there is much more material I can access. First, the attribution: Duchy of Liegnitz and Brieg Taler, 1607, Reichenstein mint (today Złoty Stok) Obv: confronted busts, "through the grace of God, Johann Christian and Georg Rudolf, brothers" Rev: coat of arms of Niederschlesien (lower Silesia) and Glogau References: Davenport 7708, Fr.u.S. 1416 This piece was minted under Johann Christian zu Liegnotz und Brieg (1602-39) and Georg Rudolf zu Liegnitz (1602-53). It was minted on Reichenstein, which the father of the two dukes had bought in 1599. He got the minting privilege in 1601 from Emperor Rudolf II. After his death, the duchy was split between J.C., who ruled from Brieg and G.R., who ruled from Wohlau. From 1605-12, Christoph Tuchmann was engraver at the Reichenstein mint, I am not sure though, if he was responsible for this coin type. Due to the small size of the duchy, they didn't mint a lot of coins which makes them somewhat rare. I've seen sold listings for 800€, 1000, 1200, 3600 and 3750, thats all I can access. I'd say due to the good shape your piece is in its likely worth more than 2000€, but im really not an expert on pricing modern coins.“ please note that the above was provided to me by someone who I believe is way more knowledgeable than me. Once permission is provided I will give credit to him via his Reddit tag.

Hi All, I recently picked up this Thaler as an addition to my collection. The core of my collection is ancients but I will dabble in colonial and pre 1800s world coins if the opportunity arises. Like most the large German states thalers can sometimes be irresistible and I pick them up when one catches my eye. This one I picked up at a local coin auction, honestly I took a complete chance buying it purely due to its condition and appeal, and that little voice in my head resulting in me ‘needing’ to add it to my collection. I’m just wondering if there are any local experts on this type of Thaler? Possibly someone that can offer advice on the history, rarity, value? I did find some info on numista https://en.numista.com/catalogue/pieces93124.html however I find with some German coins that if you don’t speak the language your search result may can be limited. Any help would be greatly appreciated.

Looks real to me, just a bit clapped-out as per the majority of Nero denarii

Very nice. here is my DJ,

Good point, I’ll look for one

Here are the ones mentioned and a couple other Gordians.

Haha I don’t collect antiquities either but I always wanted a ring but every one I see is usually such poor condition. I saw this one on Roma and it was mint condition with the provenance as well, I had no idea how much they were worth but kept bidding to get it. Looks like I was the one that bid it up for you unfortunately, but you did get a nice ring.

Although I'm very happy you acquired this ring I am very disappointed that it didn't join my collection... I was the bidder that lost to you.

@thenickelguy Nice collection. I especially appreciate the Canadian 1925 call out. Now do you have a Canadian 1926 Far ‘6’?

Very good point.

That’s how I roll mate. Assuming a 20% auction BP, exchange and import tax add another 15%. Typically a total of 35%

Well explained. another way to inadvertently increase the ‘BP’ is increase the increment. An increment of $10 now becomes $20 or $50. Just enough to skim off another 1% without anyone knowing:)

I guess that’s true if you just set a max bid and disregard all other expenses. I don’t do that, possibly some do.

I’m not sure if I’m an outlier but when I purchase a coin regardless of where it’s being sold I set the total price I’m willing to pay then back calculate BP, import tax, shipping, exchange rate. My max bid is based on my total price minus all the expenses, therefore if the buyers premium goes up it results in my max bid being lower to compensate.

Awesome! Thanks, I’ll check this series out.

I don’t understand? Almost all the staff would have to be highly trained, most in a very niche skill like numismatics, with the others in international commerce and business. I know first hand what it’s like to have to find, pay, and keep good professional employees. It is not cheap. Firstly, they don’t make minimum wage nor should they, secondly you don’t want to lose them because if you do there goes about 6months of their wage training someone else. I would without a doubt say that wages are any auction houses largest business expense. For example using a round number of $100,000/annum as an average salary, this is not outrageous for anyone that is an expert in their field or highly skilled staff. That equates to gross $8,300/month add all other benefits, etc the employer has to pay, say round up to $10k/month. Say they have 10 employees that’s $100k/month just in wages, not rent, taxes, or anything else. I’m not defending the increased BP by any means, but can see why they need it to help keep up with rising costs.

I’d say due to its salt content it should be right for a long while

You have every right to defend, and people on here have every right to complain. However, I’m data driven. If someone puts the numbers to me that make sense then I’ll understand. looking at it now (these are total guesstimates) say you have on average 1,500 coins per sale/month, and on average each coin sells for $400, and you take a BP of 20% ( I’m assuming you aren’t taking any premium from the seller, probably not correct?). That leaves you with approx $120k monthly gross turnover. Considering wages for expert professional staff (they aren’t just pumping gas), rent, tax, equipment, IT, and searching for stock, that’s really just getting by paying everyone a wage with a staff of say 10 or so. You really would need some big signature sales with high value coins or above 1500 coins per sale to start bringing in a good profit. so really adding another 2% (or 10% increase on your fee) onto the BP will help but I can’t see it really changing the game. Big game changers would be more volume of high grade coins. TOTAL DISCLOSURE OF ABOVE - all those figures are made up and complete guess.

Ya I’ve realized my place in this conversation. This is your business literally. just for my own info what price ranges do you classify low, mid, high?