My Numismatic Adventure: Creating a Calendar with the Twelve Caesars Coins
June 21, 2025Navigating Overpriced Ancient Coins: My Insights as a Collector
June 21, 2025After years of dreaming and countless hours searching, I’ve finally added an Athenian Owl tetradrachm to my collection – and wow, joining that exclusive club feels incredible. Like many of you, I’ve been mesmerized by these ancient icons since I first held a coin book. Now that I’ve got one of my own, let me share the real story behind my hunt: the excitement, the tough calls, and what I wish I’d known earlier.
The Coin That Won My Heart
My Owl is absolutely stunning. On the front, Athena’s portrait practically bursts off the flan – so big it gets clipped at the edge, which I’ve learned is typical for these. The relief is so high it needed an extra-thick slab, and holding over half an ounce of silver, it dwarfs my Roman denarii. Graded NGC Strike 5/Surface 3, there’s one nearly invisible hairline on Athena’s cheek that reminds me: true perfection doesn’t exist in ancients, and that’s okay.
The Long Road to Acquisition
Honestly? I probably looked at hundreds before committing. Auction overload is real – I’d stare at listings paralyzed, worrying I’d spend my budget only to find something rarer next week. But holding mine for the first time? Pure magic. Suddenly every hesitation made sense: this coin belongs in every serious collection.
Navigating the Market Maze
Prices have shot up like crazy recently, making purchases feel risky. Some perspective helped me: they made about a million yearly from 440–404 BC, and big hoards like Turkey’s 30,000-coin find in 2017 keep supply steady. Yet demand keeps values strong. I paid maybe 40-50% above rock-bottom prices for a coin that made my heart race. Lesson learned? Buy what sings to you, not just what’s cheapest.
Mastering Grading and Evaluation
With ancients, I’ve learned to trust my eyes over slab labels. NGC surface grades often highlight flaws that come with 2,400 years of history. Here’s what I check:
- Centering: Designs should sit well on the flan – bad centering can tank value
- Strike Quality: Feathers on the owl? Olive leaves? Make sure they’re sharp and complete
- Surface Flaws: Minor cracks or stains add character; dents or chop marks? Not so much
- Style and Era: Early Owls have that gorgeous high-relief charm, later ones feel different
Always examine the coin first – forget the slab – to form your own honest opinion.
Smart Buying Strategies
For big-ticket coins like this, auctions often deliver the fairest prices if you’re patient and avoid hype. Dealers can surprise you with perfect matches too, though their margins might sting. I actually bought mine from a dealer – sometimes paying a bit more for “the one” feels right.
Personal Collecting Philosophy
With my Owl, I chose killer centering and strike over chasing phantom perfection. Those tiny cracks? They’re part of its journey. I slab mine for protection, but unslabbed coins offer that irreplaceable feel. At the end of the day, collect what thrills you within your means.
Landing this Athenian Owl marks one of my happiest collecting moments. If you’re on the fence? Go for it – find one that speaks to you, then enjoy every scratch and story. Happy hunting, friends!