Who’s Done a Calendar with Their Twelve Caesars Coins? My Numismatic Journey
June 22, 2025My Take on Overpriced Ancient Coins: A Collector’s Reality Check
June 22, 2025Finally adding an Athenian Owl tetradrachm to my collection feels like crossing a threshold every serious collector dreams about. After years of auction-watching and handling countless coins, I took the plunge on this legendary piece. That first moment holding it? Pure magic. The incredible high relief demands a thicker NGC slab, and its heft – over half an ounce of silver – makes my Roman denarii feel like pocket change. Let me walk you through what I learned on this journey.
My Acquisition Experience
Choosing my Owl taught me to focus on what truly matters. Since Athena’s portrait often gets clipped by off-center strikes, I hunted for examples where her helmet details remained clear. Mine graded Strike 5/Surface 3 with a faint cheek scratch that doesn’t bother me. Here’s the reality with ancients: perfection is rare. It’s about balancing beauty and budget. After examining dozens, this one whispered “take me home” – worth paying a little extra for that gut feeling.
Evaluating and Grading Ancient Coins
Grading these treasures transformed my perspective. I never let slab numbers like NGC’s 5/5 dictate my judgment anymore. Here’s how I approach it:
- Forget the plastic first: Study centering, strike sharpness, and surface marks like scratches or encrustations.
- Focus on character: For Owls, examine the owl’s feathers and olive sprig clarity, but embrace quirks like die cracks or toning patterns.
- Trust your taste: Sometimes a coin with an ‘archaic smile’ or honest wear speaks louder than a pristine example.
Surface grades often miss the soul of ancients – I’ve learned to value history and artistry over digits.
Market Insights and Buying Strategies
Hunting Athenian Owls requires patience and nerve. Prices have climbed steeply, though discoveries like Turkey’s 30,000-coin hoard keep supply steady. My hard-won tactics:
- Auctions beat shops: I snag fairer deals bidding against collectors than paying dealer premiums. Walk away from inflated prices – another chance always comes.
- Budget wisely: With Owls appearing regularly, I save my funds for scarcer opportunities that rarely surface.
- Price factors: Sharp strikes and centered designs boost value. Many overgraded coins command silly premiums – know what you’re seeing.
I once watched an Owl sell for $2,500, but waiting landed me a better coin at half that price.
Historical Context and Collecting Tips
Holding history changes everything. Struck from 440–404 BC using Laurium silver, millions circulated – common yet profoundly significant. I steer clear of plated fakes and seek coins radiating their era’s spirit, like early thick-relief pieces versus later cookie-cutter issues. My advice for fellow collectors:
- Follow your passion: Slabbed or raw, buy what thrills you. I keep some unslabbed to enjoy the feel, though holders help for storage.
- Seek standout features: Full crest details, clean fields, and centered strikes matter most. Minor flaws add personality; major damage distracts.
- Start small: Phoenician copycats offer affordable gateways if budgets are tight.
Joining the Owl club has reshaped how I see this hobby. If you’re considering one, listen to that collector’s instinct – it’s a milestone you’ll cherish.