Jump to content

"Sight Unseen" - A cautionary tale with a silver lining


Finn235

Recommended Posts

From time to time, I like to scour the random "large lots" of various auction houses, looking for that diamond in the rough that can find a home in my permanent collection, or at least something I can flip for hopefully enough scratch to buy one of my bigger targets.

A couple months ago I spotted this lot, and put in a calculated bid at no more than $2 per coin - what I assumed was a safe bid.

Screenshot_20240119-234616_Chrome.jpg.89577295800e35f0730f3d3a58a5f450.jpg

The lot finally arrived and to my horror, it was almost all coins like this -

20240119_164852.jpg.fd5097cee30e6824556d3c98e48ddc7f.jpg

A dozen really, really bad tourist fakes (the description did mention reproductions, but I assumed "a few" not 10% of the lot) and the rest of the coins were genuine but zapped to within an inch of their life!

32e76deb28e31b04137205d4a1116da10b7822bd_hq-3669952117.gif.39e4907d4605dfcd949f12de8fdcdccf.gif

 

I put the whole lot away and decided a couple days ago to dig it back out, go through it, lick my wounds and cut my losses on the sale. There was fortunately a silver lining, as the lot coughed up a rather nice Marcus Aurelius as Caesar denarius with a more mature bust - a type I had actually been looking for.

MarcusAureliusCaesarmatureportraitaequitas.jpg.7b79a5b9a59505e89b57a565998be835.jpg

And the irony - a personal white whale that I had just caved and spent nearly $200 on at the last Leu sale. These were initially attributed to Commodus, but recent scholarship has confirmed that these coins were struck for Lucius Verus as a young lad during the reign of Antoninus Pius - a curious thing indeed because Verus never held the title of Caesar - only Marcus Aurelius did!

This one RPC IV.2 10785, Ares standing rightLuciusVerusCaesarAEMarsstanding.jpg.cdbd7e902496fc705d73e03a7bff7081.jpg

Quite a rare coin apparently, only one other in RPC

https://rpc.ashmus.ox.ac.uk/coins/4/10785

Hideous, and like the others completely stripped of its patina, but I'll still be keeping it!

I am still certain that I will not come out ahead on this lot at all, but at least I'm not coming up completely empty handed!

  • Like 9
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...