arnoldoe

Hammer price of the EID mar coin 2.7 Million GBP

I wonder how much the person who actually dug it up made from selling it.

5 hours ago, Sol_Invictus said:

As an American collector I have been trying to keep up with, and comply with, the various US import restrictions on ancient coins.  To that end I have found the Ancient Coin Import Restrictions list maintained by the ACCG to be an invaluable reference. Since there is no mention there of restrictions on Iranian coins, I have assumed that Persian or Islamic coins minted in what is now Iran are unrestricted. Recently I was reading through the Auction Terms on biddr for Timeline Auctions, and came across a note that "Auction lots ... of either Persian or Iranian origin are subject to United States trade restrictions which currently prohibit their import into the US, without exception." A quick search reveals that indeed US CBP has seized Iranian antiquities, and that the basis for this appears to be the general embargo on importing anything from Iran into the US. Presumably this law is meant to prevent money from flowing into the Iranian economy, so it's a bit surprising that it could be used to prevent import of antiquities or coins that may have left Iran long before the current regime came to power.  Does anyone know more about this?  Is there a restriction on importing Persian/Iranian coins into the US?

probably some vague law that is unevenly enforced.. you 99.9% fine buying whatever ancient coins you want.. but..
 

 basically If you are willing to buy ancient coins online - you have zero idea where the coin came from and it could potentially be seized if someone was to  really take the time to look into it/make a big deal out something you bought for whatever reason..

From the recent leu auction almost everything is listed as 

“From a Swiss/European collection, formed before 2005.“ . Lol

https://www.acsearch.info/search.html?id=6216410

the criminal masterminds responsible got the big silver Tetradrachm for 350 Euros in 2019 ( paying well above the 200 Euro estimate)

I bid one a few but didn't win anything..

one group lot i bid on was also in last years auction  where it sold for $400

I noticed the lot had two  of the best coins taken out from last year. so I thought I might be able to get a good deal..

but...

the lot sold for $300 more than last year despite someone keeping the two best /most valuable coins lol..

On 12/3/2022 at 10:10 AM, Prieure de Sion said:

Almost all coins are likely to come from legal sources. 

 

 

lol..

The current system just incentivizes smugglers to find people who dig up coins/artifacts 

they pay them a small fraction of their value while making huge profits for themselves and they can never report any findings

if there were better laws diggers could legally dig up + report significant finds + get better prices (even if the government took a percentage)

On 6/3/2022 at 6:03 AM, Al Kowsky said:

Ergy, You have to keep in mind 300 years ago these coins weren't valued much mor than bullion. Gold & silversmiths have been using ancient coins for centuries, especially for jewelry.

yeah, probably 95% or greater chance they would have ended up melted for scrap if they weren't used to make that thing.

example of a hoard found in 1714) Brescello Hoard

""While ploughing a field, accidentally found a vessel. after dispersing a relatively small part, the rest was melted to mint ducats."