Ancient Coins: What Drives their Prices?
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- čas přidán 28. 07. 2024
- Links suggested on the video:
Ancient Coins: Buying coins online - • Ancient Coins: Buying ...
Ancient Coins: Affordable Roman Coins - • Ancient Coins: Afforda...
Ancient Coins: Affordable Greek Coins - • Ancient Coins: Afforda...
With the recent EID MAR aureus selling for over 2.7 million Pounds, we wonder "what drives the price of ancient coins", and what drives the prices of ancients in general?
It is not an obvious answer. Historical factors affected the total population of certain coins, hoard discoveries can change a coin´s population on the market, etc.
Today, we´ll discuss all of that, as well as how to use this information to make sure we are able to complete our collections and set realistic goals that fit our budget.
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Useful Links:
Ancient Coin marketplaces I recommend:
www.ma-shops.com
www.vcoins.com
Auction websites I recommend:
www.sixbid.com/en
www.numisbids.com
www.biddr.com/
www.coinarchives.com/
www.numisbids.com/n.php?p=res...
www.cngcoins.com/PricesRealiz...
Great websites for learning more about coins:
augustuscoins.com/ed/
coinweek.com/category/ancient-coins/
www.forumancientcoins.com/numiswiki/view.asp?key=Ancient%20Coin%20Collecting%20101
rg.ancients.info/guide/ancients.html
www.coinspot.org/ancient.html
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Recommended Literature:
Roman Coins and Their Values - amzn.to/3kEY6CS
100 Greatest Ancient Coins - amzn.to/3hKz1o4
The Handbook of Ancient Greek and Roman Coins - amzn.to/3iTB1vv
Greek Coins and Their Values - amzn.to/3mKng4S
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One of the best ancient numismatist you tube channels!
Hi, I just wanted to say that you're doing a fantastic job with this channel already. Beautiful coins, educational, useful practical information, and professionally produced content. Subscribed, keep up the great work. :-)
That's fantastic to know! Thank you very much! Hopefully this channel keeps growing more and more :)
Beautiful collection and my favourite CZcams channel! Spending hours and hours studying Roman coinage recently gives so much inspiration to collect :) Thanks for the video!
Great content, I studied Latin for 6 years and we were never really taught about their coinage but your vids are super educational and interesting :)
Subbed! (also I was blown away by the price of that coin, only 5 euros for something that's over a thousand years old?? That's less expensive than just buying some ice cream around here!)
Another great video 👍
Thank you for the great content. You really make this coin collection for a newbie easier!!! Gratias tibi!!!
please tell us about history of numismatics, i know about numismatist from around year 1600
Is it fair to leave out Lucius Verus ( the first Co-ruler in Rome 's history) from the "good" five emperor?
The situation with EID MAR is somewhat special. Because you get the EID MAR Denarius just for 600k $ ( there are 80 of the world wide) the Aureus there are only 3 known and this one was the only one which is avialable on the market. The other two are in Museums. This explains the insane price. On the other hand to be honest how many of the young people today would know what EID MAR means.....
he only lasted like 5 or 6 yesrs and Marcus did most of the work. so hes usually left out
@@pogdeterre2054 🤣 sorry but this is nonsense! The war in the east was managed by him and his generals. The wars against the Marcomans was prepared by him In the neary 10 years he did more than Mark Aurelius
My interest for ancient coins comes like most of you here I suppose from the historical value (they are like tiny time machines) and artistic values (so : style + quality of coinage + preservation + type and quality of metal + diameter). Considering these interests, I am now focused on Greek coins from 430 to 330 BC and imperial coins from Vespasian to the mid IIIth century. Now, in these specific periods of time and space, I consider every single beautiful coin as equally collectible, all coins being equally historical (and I have much pleasure in discovering the history of a less known Greek city or emperor), and scarcity isn't really worth a premium (quality is instead), since every ancient coin is somehow unique and I really enjoy to have a coin that used to be common, but is rare and beautiful in this condition.
So, this is what drives the prices of the coins I buy.
What are your criterias?
Your comment points to another important factor, which is the series themselves where the coins belongs. The more collected a series is (country, period or type), the most expensive is a rarity. This is why a US coin that was minted by the tens of thousands is an expensive rarity, and one of say, Guatemala, is not. Because there are about 2 million collectors of US coins arround the world, and just a few hundreds serious collectors of Guatemala. The rarest Roman imperial coin (by emperor) in my collection is an antoninianus of Pacatian, a ruler of whom 99.99% of the people never heared about. But undoubtedly is the most expensive Roman silver coin in my collection.
What the name of coin which was created in about 500 to 580 AD.
And how is it.
Great information 😀
I love coins and I love this channel.
And I love the incredible fanbase I have around here!
I love ancient coins!
Of course being gold probably also increases the value.
Nice video with a good info for someone who´s starting with ancients. Just allow me one correction, for the 5 good emperors the most expensive are in this order: Nerva, Trajan, Hadrian, Marcus Aurelius and Antoninus Pius.
Thanks for the view! I would disagree on your price order for the 5 Good Emperors, but maybe that´s what the average prices look like on your area :)
Je pense Nerva Hadrian Antoninus pius trajan marcus Aurelius
@@ClassicalNumismatics Hi, nice job. These are the avarage prices on European auctions, Nerva coins are the most expensive, because they are rarer, then Trajan coins because a lot of people buy Trajan coins, then Hadrian with the travel series, M. Aurelius and the cheaper ones you get in good condition are from Ant. Pius.
Ancient coins hold the wisdom of the past, while Bitcoin holds the promise of the future. Yet Ancients hold more than just wisdom - they hold the history of human culture. Given the rarity of many ancient pieces, we should expect their prices to rise significantly as I believe they are still undervalued. Better an ancient than a Byte of a Bitcoin.
Did you originally know when making this video that the Nerva coin was a contemporary fake? How could you tell? Did you send it to a coin grading service?
I knew after purchasing it! I´ve bought it at an auction and once I had it in my hands, certain parts of the edges had base metal exposed, giving it away as a fouree. I could have returned it, but considering the counterfeit is of good quality and the plating is quite thick, I´ve grown fond of it and just decided to keep it.
@@ClassicalNumismatics wow so the auction house perhaps wasn’t aware of it being a fake coin. I myself recently had a ancient coin authenticated by NGC and David Sear as genuine , would it be far to say that the coin is in fact genuine with those credentials? NGC also metallurgically scanned the coin. Can professionals always tell difference between a modern forgery and a real ancient one?
@@tdtyyuf Keep in mind that third-party grading companies cant legally authenticate any coins, nor do they guarantee authenticity. Their opinion is pretty good, obviously, but dont use it as the ultimate truth.
@@ClassicalNumismatics I appreciate you taking the time to answer my questions, it helps me a lot as someone who is thinking of starting a collection of ancients. Is it the case then that you don’t know if your coins are actually from ancient times? They all could of been made 10 or 50 years ago? If I can’t take their opinion as truth then who’s can I take?
@@ClassicalNumismatics sorry, I don’t mean to be so blunt in my questions.
👍🏻😀👏
Good day sir, i wanted to share my coin,i don't now what is hisory of this coin can you help me thank you.
Numismatics is an academic hobby. Get researching! :)
Did you just say that I can own a Roman coin for just €5?
Go to any coin show and you are very likely going to find a tray with unsorted ancients for 5 Euros.
They will not be very high grade, but definitely identifiable and collectible.
i bought ancient greek bronze coin with apollo for 0.70 euros
I have heard both Olybrius and Glycerius are the rarest. Which one is true, or is it neither?
found one from 356 its very black some very well shaved guy xD i think its apolon
Stoke you interest with a Three Million Dollar Brutus Ides of March Gold Solidus. Silver Tets, Silver Denarii and Bronze Follis are so common. They minted Billions of them. I viewed one of these BRVT EID MAR at the NY Show. I would prefer Bit Coins or Stocks myself.