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200 sats \ 16 replies \ @siggy47 4 Nov \ on: A piece of history and a store of value. history

A fellow traveler! I too discovered ancient coins around 10 or 15 years ago. I also started by finding below market gold and silver. Maybe we can set up a little SN ancient coin daily post.

I'm a big Augustus fan. Here's one from my collection:

43 sats \ 2 replies \ @tomlaies 4 Nov

I too discovered ancient coins around 10 or 15 years ago. I also started by finding below market gold and silver.

You mean you... found physical ancient coins and their silver weight is worth more than the market value for these coins? Really? That seems like a very odd market inefficiency.

Have you used a metal spectroscopy device on it?

5 sats \ 0 replies \ @siggy47 4 Nov

I never got scientific. In my case, I would haunt gold and silver shops and pawn shops for years. Those guys know what they are doing, and I never found something priced wrong. When I started looking at ancient collectables, I would find dealers where the numismatic value would almost be at the price of bullion. This happens, or used to happen, sometimes with St Gaudens double eagles priced the same as a bullion eagle. I also recalled that happening with gold 40 franc Napoleons.

5 sats \ 0 replies \ @plunda OP 4 Nov

there are lots of coins and medals minted in the modern period that, with a little patience and practice, can be acquired for below spot.

for ancient coins it can happen too, but it's much less common

43 sats \ 12 replies \ @plunda OP 4 Nov

How cool that we share a similar story and interest in this subject. I'm all ears for setting up something regular on SN. There are so many things that we could find to talk about on the subject, maybe it could even lead to a territory one day!

p.s. it's a really nice coin, did you photograph it yourself?

0 sats \ 11 replies \ @siggy47 4 Nov

Sounds great. No, my photography skills are terrible. Whenever I buy a coin I save and download the catalogue photo and description. Lazy man collecting!

I am considering downsizing my collection, and would really like to somehow sell coins for bitcoin. I don't know where or how yet.

43 sats \ 10 replies \ @plunda OP 4 Nov

Sounds smart, not lazy 😏

I was thinking of picking a few coins that have an interesting history behind them and doing a little research and write up on them for SN.

For the first write-up I'd probably choose the French Sol coins from the Constitutional Monarchy (1791-1792) - minted around the time of the French revolution, a time of turmoil and hastily issued currency.

source: https://coincraft.com/france-louis-xvi-2-sol-fair

Would you like to work on this together, or shall we choose a coin each and prepare our own write-up?

100 sats \ 9 replies \ @siggy47 4 Nov

I'm traveling this month, so maybe you should take the lead at first. I will chime in, of course. There are many history buffs here who would enjoy this. @TomK comes to mind.

43 sats \ 7 replies \ @plunda OP 8 Nov

Here's the writeup! #758631

0 sats \ 6 replies \ @siggy47 8 Nov

Terrific! I'm travelling today and will save it for the trip.

43 sats \ 5 replies \ @plunda OP 8 Nov

nice, sounds good! the article turned into a bit of a behemoth haha i think I'll keep next week's one a bit shorter. where are you travelling?