If you’ve shopped with Austin Rare Coins & Bullion before, you’re likely well on your way to generating top-notch returns from precious metal investments. But what if you’re interested in examining various rare coins? That’s where our ancient coins come in. In fact, they are an exciting opportunity for investors and collectors alike. In this blog, our team is going to share why acquiring ancient coins might be the right move for you. So, read on and check out our store to begin!
What Classifies a Coin as “Ancient?”
According to the Numismatic Guaranty Company (NGC), the only reliable ancient coin grading services in the United States, a coin is deemed ancient if struck before 500 A.D. Likewise, if it belonged to the Byzantine Empire, which existed from 491-1453 A.D. The NGC evaluates ancient coins based on their strike, surface, and style to determine how much value they might hold.
Ancient Coins vs. Other Rare Coins
Rare and ancient coins are typically valued according to their scarcity as opposed to bullion coins. In other words, bullion coins are valued for their metal content. Modern rare coins are often scarce because their production was heavily limited. Although, this may be the case with ancient coins as well. However, it’s more likely that they’re rare because so many have been lost over the centuries.
High-Reward Investment Potential
Like other rare coins, ancient coins can be a solid investment for certain individuals. Ancient coins are typically very rare, and they often possess an intrinsic historical or artistic value. This makes them unique and highly sought-after. Due to these factors, ancient coins can appreciate in value very quickly, making them potentially rewarding investments.
Get Started With Austin Rare Coins & Bullion
If you’re interested in examining various rare coins, Austin Rare Coins & Bullion is the best place to start. We offer a curated collection of ancient coins from some of history’s most iconic eras: Ancient Greek currency, coins struck under Alexander the Great, coins from the Byzantine Empire, and more.
Now’s the time to add a piece of history to your collection or investment portfolio. To get started, check out all of the ancient coins we have available at Austin Rare Coins & Bullion!
FAQs
High-Reward Investment Potential
Ancient coins are typically very rare, and they often possess an intrinsic historical or artistic value. This makes them unique and highly sought-after. Due to these factors, ancient coins can appreciate in value very quickly, making them potentially rewarding investments.
How to price ancient coins? ›
To price an ancient coin, we recommend the following steps: Find current online offerings and closed auctions for the same type. Arrange (mentally) the comparison examples in order by eye appeal/price (including the buyer's fees and for older auctions adjust prices to account for changes since the closing date).
What is the value of a 2000 year old Roman coin? ›
A single coin can sell for up to £900 ($12,000) so fisherman Mike Smale, 35, was astonished when he uncovered one pristine coin after another dating back to 32BC.
Is there a market for ancient coins? ›
Coin collecting can be a great activity to connect generations and strengthen family bonds. Collectors purchase ancient Roman coins through a variety of means including online auctions, trade shows and local coin dealers.
How much was 1 Roman denarii worth? ›
While the value of a denarius fluctuated, one Biblical reference to the coin suggests that at the time, it was worth one day's labor, or about $50 in today's money.
How much does 1000 ancient coins cost? ›
Purchasing Ancient Coins
| Ancient Coins Price Chart |
|---|
| Name | Amount | Price (US) [$/coin] |
|---|
| Lost Chest of the Ancients | 550 | $5.99 [$0.011] |
| Hidden Trove of the Ancients | 1,000 | $9.99 [$0.01] |
| Royal Treasury of the Ancients | 2,550 | $22.99 [$0.009] |
2 more rowsThe 'Ides of March' denarius, struck in 42 BCE, is the only Roman coin to openly celebrate an act of murder, the only Roman coin to mention a specific date and one of the very few ancient coins to enter the popular imagination.
How do you find the value of ancient coins? ›
The value of a coin is based on its date, mintmark, mintage, and condition. Run an online search to identify what kind of coin you have, then contact a local coin dealer to assess your coin's value.
Which ancient coin has highest value? ›
A gold stater from the city of Panticapaeum, in present-day Crimea, has become the most expensive ancient coin ever sold at auction.
Why can't i purchase Ancient coins? ›
Please ensure that you have the correct account which owns and you use to play Sea of Thieves signed in to the Microsoft Store as well as the Xbox Console Companion app / Xbox (Beta) app (you can further confirm the correct account when you are prompted to sign in during the purchasing process).
While not every ancient coin is considered valuable, those that are scarce or exceptionally preserved can command significant prices within the collector's market.
What old coins are worth value? ›
Denomination
| Coin Type | Dates | Typical Uncirculated |
|---|
| Shield Nickels (Rare dates: 1877-1881) | 1866-1883 | $60.00-$150.00 |
| Half Cents Liberty Cap, Head Facing Left (All are rare) | 1793 | Ask |
| Half Cents Liberty Cap, Head Facing Right (Rare date: 1796) | 1794-1797 | Ask |
| Half Cents Draped Bust (Rare date: 1802) | 1800-1808 | $500.00-$2,000.00 |
78 more rows1849 Double Eagle Gold Coin
The one remaining specimen is carefully preserved at National Numismatic Collections at the Smithsonian Institution. The 1849 Double Eagle is currently the rarest and most valuable coin in the world, with an estimated value of around $20 million.
Which Roman coins are valuable? ›
The EID MAR aureus: the most valuable Roman coin.
