- Posts: 1748
- Joined: Tue Apr 12, 2011 9:17 am
- Has thanked: 190 times
- Been thanked: 128 times
Remember the proviso in the treasure Act 1996 that it is a "willing seller & willing buyer"...eg: no "auction frenzy with multiple bidders" or the like.
By the time you consider the comments from the provisional valuer etc its actually a very well reasoned provisional valuation that the TVC could increase if new information comes to light.
As one who dabbles in such things I will happily second the warnings about condition. Sometimes when people post that a coin is 'like the day it was minted' or similar I often think that it must have been a damn bad day at that mint then because as far as I can see the thing would struggle to even be graded as being in a collectible condition. It is always nice to find older stuff but being buried for hundreds or even thousands of years rarely improves an items market value unless it is rare or unusual.WVAM wrote:Unfortunately appraisers have to give what they consider an accurate description as their documents will be used to justify prices and authenticity. Imagine, if the BM said the seal was in superb condition and is then sold. The buyer, possibly overseas, receives it and says it is not as described e.g. it's good but not superb. Who carries the responsibility, costs and loss of reputation of putting everything back where it should be - the BM, the auction house, the seller?
Some of the coin specialists on here might want to chip in. The difference between an extra fine and uncirculated coin is difficult for most of us to recognise but it means a whole load of difference to the price. Get the documentation wrong and someone will be unhappy.
Let's hope the OP gets to a solution where they and the landowner are happy.
I don't think that the BM's estimate for this seal is actually that far out as it stands but the value could probably be increased a bit by some expert cleaning and conservation (which of course will not be cheap). It will also increase if you can link it to a real person, which does sometimes happen.
Still a very nice object to find and at least you should get a searchhead cover or two out of it if they can afford to buy it.