My George III Coin Discovery: From Twopence Doubts to Penny Clarity
June 16, 2025Why Some Ancient Coins Are Priced Too High: My Collector’s Confession
June 16, 2025I’ve finally joined the Athenian Owl club! Owning one of these iconic Greek tetradrachms feels like a huge moment in my collecting journey. After years of window-shopping these beauties, I took the leap and brought one home. Let me share what I learned along the way – the highs, the quirks, and how you might find your perfect owl too.
My Acquisition Experience
I must’ve looked at hundreds of owls before finding “the one.” When it finally arrived, holding it took my breath away. That incredible high relief means it needs a thicker slab holder – something I hadn’t considered! At just over half an ounce of silver, it feels wonderfully substantial compared to smaller ancients like denarii. On my coin’s obverse, Athena’s bust gets cut off (as often happens), with part missing near the helmet. But honestly? I fell for the helmet details instead. Graded Strike 5/Surface 3 by NGC, there’s a faint scratch on Athena’s cheek that barely shows. It’s a gentle reminder that these coins have lived real lives.
Grading Insights and Personal Evaluation
Here’s what I’ve realized about grading: NGC looks at deposits and corrosion, but ancient coins nearly always show their age. My advice? Look past the numbers first. Hold the coin (or study photos closely) and ask yourself: Is the design centered well? Does the strike bring out all the details? What’s actually missing? For me, it comes down to three things:
- Centering: Poor alignment can hide Athena’s crest or the owl’s legs – check both sides carefully
- Strike quality: Look for crisp feathers on the owl and defined olive leaves
- Surface character: Minor cracks or scratches tell a story, but big stains or chop marks distract
I chose mine with slight imperfections because they felt honest – and because the overall look grabbed me.
Market Observations and Buying Strategies
Athenian Owl prices have climbed steeply lately – seems everyone wants one! Auctions often beat dealer prices since they reflect what collectors will actually pay. The trick? Be picky and patient. I watched listings swing from $500 to $2,500 before finding my sweet spot. Remember: owls aren’t scarce. Massive hoards still surface (like 30,000 found in Turkey around 2017), so don’t rush. Wait for the right coin at the right price.
Historical Context and Coin Variations
These owls flooded the ancient world from about 440 BC to 404 BC – millions minted yearly at their peak! Production dipped during the Peloponnesian War, when even plated fakes appeared. They dominated Mediterranean trade until Alexander’s time. Quality shifted too:
- Early owls (pre-440 BC): Stunning high relief and fine details, but tougher to find
- Later standardized versions: Lower relief and simpler dies, but larger flans make them more available
I adore owls showing their era’s character, like an archaic-style Athena with a smile, even with honest wear.
Practical Advice for Collectors
Want to find your perfect owl? Here’s what worked for me:
- Centering comes first – it determines what details you actually see
- Chase strong strikes – weak details diminish the magic
- Embrace minor flaws – ancient coins aren’t meant to be perfect
- Shop auctions – but research recent sales first
- Consider slabs vs raw – I like slabs for protection, but unslabbed coins let you feel history
In the end? Buy what makes your heart race. I paid a bit extra for mine because holding it makes me grin – scratches and all.
Owning an Athenian Owl blends history, art, and silver into something truly special. If you’re dreaming of one, I’ll say this: Go for it. This club’s absolutely worth joining!