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Rare Coin Market Update

Rare Coin Market Update #26 (Archives)

Ancient Coins - Our Past is the Gateway through Which We Can See the Future

by Staff 2015-03-23 17:12:21

Believe it or not, you can legally buy and invest in genuine Greek and Roman gold and silver coins that are over 2000 years old and remain in Choice and Gem condition. I'm talking about gold coins that are in the same condition they day they were struck. These are amazingly rare coins that many multimillionaires and billionaires are now buying. They're buying these amazing examples of Ancient history because they know what I know – these coins could easily jump 300%, 500% or even 1000% in the next ten years – and I think I am being conservative. Compared to other Antiquities like statues, canvases, tile art, goblets, weapons, military helmets and ancient jewelry these ancient coins are selling for pennies on the dollar – even though they are in Museum quality condition.

Compared to U.S. Gold and Silver rare coins – these Choice and Gem Ancient Gold and Silver coins are 10, 20 even 100 times rarer. Some are 1000 times rarer. The comparative value is just plain silly.  Best of all you can buy these 2000 year old Ancient Greek and Roman coins independently examined and graded by one of the two largest grading and certification services in world Numismatic Guarantee Group (NGC).

Why these Ancient gold and silver rarities are so undervalued … one reason and one reason only...EDUCATION. The truth is most people from London to Shanghai, from Moscow to Chicago are so poorly educated on world history that they have now real understanding of Ancient history. The average coin collector and investor – and virtually all rare coin dealers in the United States have no understanding of Ancient rare coins much less Ancient history --- but the Internet and the explosion of higher education in China, Europe and the America's including here in the United State is going to change this FAST!!!

The coins of Alexander the Great, like other ancient coins, are history in your hand. They're tangible, and tactile, documentation of Alexander's life and times, a way to hold a part of the man, his power, and his legacy. Alexander's coins, like all ancient coins, are a portal into the past, to a time when we as a civilization were beginning. The past isn't dead. It informs the present, providing a deep perspective on what's happening today and may happen tomorrow, helping us understand more clearly hopefully to make better decisions.

Open that Doorway in our Past...........

 

MACEDON KINGDOM, ALEXANDER III 336-323 BC,

AV STATER, NGC Graded Gem Mint State,

Strike 4/5, Surface is a Perfect 5/5

 

 

Alexander the Great lived from 336-323 BC Alexander III “the Great” was one of the most historically significant human beings in history. Having a chance to own an original tangible piece of history could be the investment opportunity of a life time.

More than any other world conqueror, Alexander III of Macedon, deserves to be called the Great. Although he died before the age of 33 in the year 323 BC, he conquered almost all the then known world and gave a new direction to man’s history.

Unlike many conquerors, he didn't plunge the conquered into chaos, wholesale murder, and slavery. Instead, he showed respect for their religion, customs, and ways of life and spread the Hellenic culture by giving the people a choice to accept or reject it. Many accepted it, probably because it was their choice to make, not mandated at the point of a sword. Alexander, it would appear, felt that persuasion usually works much better than coercion.

In order to pay his vast armies, civil servants and promote commerce a number of mints for gold, silver and bronze coins were established in more than a dozen key trading cities in his expanding Kingdom. The coins were struck during his lifetime and for at least a decade after his death. Among my favorite are the gold “Staters” which means soldier.

Rare coin collectors and dealers classify these as MACEDON KINGDOM, ALEXANDER III, AV STATER, 336-323-BC and the Numismatic Guarantee Corporation (NGC) certifies them by naming the mint if possible and whether they are “Life time,”- “Life Time – Early Posthumous, “ or “Posthumous”. The AV in the description means gold. These coins are VERY rare in Gem and Choice Mint State Condition. They can be bought in just Mint State condition and there are usually a few examples on the market on any given day if you know where to look.

Pictured here is Kingdom of Macedon. Alexander III, the Great, 336-323 BC. Gold AV Stater (8.60 gm) graded Gem Mint State Condition Strike 4 out of 5 and Surface 5 out of 5. Like many of these coins that come on the market the exact Macedonian mint it was struck from is unknown. This is not unusual because some mints were mobile and actually followed different armies.

Like all of these coins the obverse features the Head of Athena facing right and wearing a triple-crested Corinthian helmet, adorned with coiled serpent. Athena is also wearing an earring and necklace.

The reverse of the coin features Alexander's name in great (ΑΛΕΞΑΝ ΔΡΟΥ) and Nike standing left, holding wreath in extended hand, stylis in other; vertical thunderbolt at left.

In Nike's right hand, Nike holds a laurel wreath, which is a symbol of victory. In her left hand, she holds what some scholars interpret as a stylis (part of the stern of a Greek ship), others a ship's mast. The stylis alludes to Greece's great naval victory over Persia at the Battle of Salamis, allowing Greece, Western civilization, to continue its embryonic experimentation with democracy, individualism, rationalism, and the separation between political and religious authority.

The coin is an extraordinary specimen, perfectly centered, fully struck in very high relief, and extremely radiant. Imagine this is an Ancient Greet coin that is over 2300 year old in such an amazing condition.

The stater depicts two symbols of strength. Instead of two male gods they're adorned with two female gods. The obverse depicts a strong and beautiful Athena, goddess of wisdom and warfare, who would eventually morph into Roma, the patron goddess of Rome. The reverse depicts Nike, goddess of victory, with spectacular body length wings, who would eventually morph into a Christian angel.

 

 

ROMAN EMPIRE, LUCIUS VERSUS, AD 161-169,

AV AUREUS, NGC Graded Gem Mint State,

Perfect Strike 5/5, Surface is a Perfect 5/5 - Fine Style

 

Roman Empire, Lucius Verus, AD 161-169 AV Gold Aureus (7.29 gm). Obverse: VERVS AVG - ARMENIACVS Lucius Verus bare head facing right with curly hair and beard. Reverse: TR P IIII - IMP II COS II - REX ARMEN - DAT On platform, Emperor, in military attire and cloak, seated left between two officers, pointing with his right hand towards Armenian king, standing left on ground, wearing short tunica, his right hand up to head.

The “fine style” means the coin was struck with exceptional detail. Perhaps, struck for a dignitary, general or politician. Extra work was clearly done on the die that was used to hammer this coin. This coin defines spectacular with a pristine portrait and a coin of extraordinary quality that meets every criteria of being a superior "Fine Style" masterpiece.

Ancient coins often portray an event in time. The present piece being in remarkable Gem preservation leaps from time in true Finest Known condition after 1800 years to present the historical Roman event of imminent battle. In 162 the Parthians had invaded the Roman East, conquering Armenia and putting a son of one of their generals on the throne, and marching into Syria. Lucius Verus was sent to drive back. Verus succeeded beyond all expectations. The Parthians were driven out of Syria, Armenia was taken under Roman protection and given a king chosen by the Romans, and the Roman army then moved into Parthia and destroyed the great capital of Ctesiphon in 165.

While in control of the armies, Lucius Verus is known to have been a worthy commander who was not to proud to delegate tasks to generals more competent than he. The morale of the armies, while under his rule, was high. Going through the motions, he followed his war generals who did the dirty work while it was noted he enjoyed a hedonistic lifestyle on the road complete with a traveling theater and frequent banquets to entertain him. Lucius is described as having been extremely self-indulgent.

 

 

ROMAN EMPIRE, MAXIMIAN (Maximianus Herculius) AD 286-

310, AV AUREUS, NGC Graded Mint State* Star,

Perfect Strike 5/5, Surface 4/5.

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