Crafting a Calendar with My Twelve Caesars Coins: A Numismatic Journey
June 20, 2025My Insights on Overpriced Ancient Coins: Balancing Value and Passion
June 20, 2025After years of saving and searching, I finally held my own Athenian Owl tetradrachm in hand – what a moment! I must have examined hundreds online and at coin shows, but nothing compares to feeling that weight in your palm. Let me walk you through my experience and some hard-won tips for finding your perfect owl.
Meeting My Owl
This beauty weighs just over half an ounce of solid silver, with such dramatic high relief that it needed a special NGC holder – typical for these chunky ancients. On the front, Athena’s portrait commands the space, and like most, mine loses part of her helmet crest to the edge. You learn to accept some compromises with these. Graded Strike 5/Surface 3, it’s got a faint hairline on Athena’s cheek that disappears unless you squint. Holding it next to my Roman denarii really shows why collectors treasure these – the owl feels monumental, like holding history itself.
Cutting Through the Grading Fog
Here’s what I’ve learned about ancient coin grading: trust your eyes before the label. These coins have survived wars and oceans – scratches, deposits, and porosity come with the territory. When I evaluate an owl, I ignore the slab details at first. Instead, I check: How centered is Athena? Does the owl’s feathering show crisp details? Are there any glaring flaws like cracks or blobs? Only after forming my own opinion do I glance at the grade. This habit saved me from overpaying for mediocre coins and helped me appreciate the character in minor imperfections.
Navigating the Hunt
Owl prices have climbed steadily lately, making smart buys crucial. With millions struck annually during Athens’ golden age and massive hoards still surfacing (like that 30,000-coin find in Turkey), there are plenty available – but collector demand keeps values strong. My approach? Auctions often offer the fairest prices for common types if you play it cool. I walked away from dealer cases asking $2,500 for mid-grade owls and waited for my auction moment. Some hard-learned advice:
- Set a firm budget – don’t spend your entire coin fund on one owl when rarer opportunities might surface
- Focus on strong centering and strike quality – off-center designs are common but shouldn’t carry premium prices
- Consider raw coins – slabs add cost without much benefit for many ancients
I paid a bit extra for mine because it spoke to me, but disciplined bidders can save 40-50% at auction.
Finding Your Perfect Bird
When owl hunting, keep three things front and center: That Athena portrait should show as much detail as possible without being cut off. Check for crisp strikes in the helmet details and the owl’s feathers. Expect some surface marks – they’re part of the story – but avoid coins with distracting damage like heavy corrosion. Also notice the period: Early owls (pre-440 BC) have that wonderful archaic style with higher relief, while later ones trade some artistry for larger flans. For storage, I like slabs for protection but admit nothing beats the thrill of holding an unslabbed ancient.
Owning this coin still gives me goosebumps – it’s the crown jewel of my collection. If you’re dreaming of joining the owl club, do your homework and wait for the right moment. When you finally hold yours, you’ll understand why we collectors get so passionate!