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Research Coins: Feature Auction

 
Triton XV, Lot: 702. Estimate $200.
Sold for $700. This amount does not include the buyer’s fee.

THESSALY, Pherai. Alexander. Tyrant, 369-358 BC. AR Obol (11mm, 0.89 g). Wheel of four spokes / A-ΛE below, double axe upwards. Jameson 2040 (this coin). VF, toned; obverse slightly off centre; scarce.

Acquired from Ed Waddell, May 1994, for $1200; ex Freeman & Sear FPL 1 (Winter/Spring 1994) A93, $275 (!).

This collector was traveling when the first list of Freeman and Sear came out and did not find out about the bargains offered therein until some months later. By that time, of course, most of the coins he wanted were already gone and it was not possible to trace them unless they were bought by a dealer. This obol was such a case and it can be seen by the price difference that it always pays to receive a FPL before anybody else does. Today, such bargains are few and far between as the internet makes sure that everyone has the same chance, provided they check their web mail often enough.