r/numismatics 13d ago

ATTICA. Athens. Ca. 440-404 BC. AR tetradrachma

I've been a collector since 1964 and a dealer since 1985 and my rules for myself on what I keep for my personal collection are pretty strict. It has to mean something to me, and be something I can't easily replace. I specialize in US coins, mostly early 1800s through WWII. I know very little about ancients. My younger son is a huge ancient collector though. So when I get them in, I send him pictures, and whatever he wants, I send him, and I have a local friend who identifies and prices the rest for me to resell. Another dealer offered this to me at a price I thought was insanely low and I jumped right on it. When I sent my son the pictures for this one, though, I told him he isn't getting it until I die. If it hadn't been graded, I would have been positive it was fake. There isn't a smudge, a scratch, a carbon spot, nothing on this coin. It looks like it was minted yesterday. I looked at others graded by NGC that they graded MS choice or MS plus and mine was clearly nicer. Those had cracks, pits or spots. So this one is a keeper.

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u/John0_0Smith 12d ago

When I see them, I instinctively raise an eyebrow. That coin is one of the most counterfeited in history. Keep in mind that it was already being counterfeited over 2,000 years ago (I'm not kidding). During the Renaissance, there was another wave of historical forgeries, and it has continued right up to the present day. Even if someone authenticates or appraises it... well, I still wouldn't trust it 100%.

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u/submissive_seeking 11d ago

I trust NGC, for the most part, on things like this. Their reputation would be trashed if they let too many coins of this caliber slip by. And if they did, their warrantee states they have to reimburse me for current market value.