Ancient Coins
- Posted: March 31, 2023Read more »
Located on the southern coast of Sicily, Gela was once one of the most important and powerful Greek colonies. Gela, the center of commerce in the ancient world, was established in the 8th century BC. Additionally, Gela was founded by settlers from Rhodes and Crete. Firstly, it quickly became a center of commerce, trade, and culture because of its strategic location. Secondly, Gela's fertile land and access to the sea made it an ideal location for the establishment of a thriving city.
Gela was also known for its impressive architecture, including its acropolis, temples, and public buildings. The city's most famous landmark was the Temple of Athena. In fact, it was considered one of the most beautiful temples in the ancient world. Gela's acropolis was also an impressive feat of engineering, consisting of massive walls and
- Posted: March 20, 2023Read more »
For many coin collectors, ancient versus modern collectible coins can be disconcerting. The truth is both coin types have a fascinating insight into the history of currency. When looking at collectible coins, the rarest coins are a perfect addition to any collection. In addition, it is captivating to know the history behind a rare coin as well as its true worth.
Here at Austin Rare Coins & Bullion, we understand the value of rare and ancient coins from different eras and countries. Let us know if you have concerns regarding the coins you already own. Just reach out to us. On the other hand, we can give help you find other rare ancient coins that fit your budget.
Ancient Collectable Coins
- Posted: December 02, 2022Read more »
When it comes to investing, trust the sage advice that you shouldn’t keep all your eggs in one basket. While cliché, this is actually a sound strategy. In fact, it can insure you benefit from upward trends in multiple markets and avoid drastic losses from a singular downturn. The Four Rare Coin Misconceptions are something to be aware of.
Once you’re ready to start diversifying your investment portfolio, Austin Rare Coins & Bullion can help. One of the best ways to do so is by expanding your strategy to include commodities like precious metals. We specialize in selling ancient coins, gold and silver bullion, and more. In other word, we can help you bolster your portfolio or even expand your collection! Today, our team is here to dispel the four misconceptions surrounding rare coins. As a result, you
- Posted: November 30, 2022Categories: Ancient CoinsRead more »
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 the exceptionally rare? That’s where our ancient coins come in, which 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!
- Posted: October 14, 2022Read more »
If you’re new to the rare coin industry, you may have a few questions about rare coins and their values. At Austin Rare Coins, we’re here to help collectors, buyers, and sellers alike. 4 common questions about rare coins we often are approached with that provide valuable insight into collecting rare coins are listed below.
What Are Rare Coin Values?
This question doesn’t always have a set answer, unfortunately. While certain coins are well-known to be valuable, such as Buffalo Nickels, many coins fluctuate in value. If you think you have a very rare and valuable coin, reach out to our team today. However, even though we do buy Modern Bullion Gold, Silver, Platinum & Palladium as well as rare U.S. & Ancient Coins, there is a $5,000 minimum. If you feel you are within our minimum parameters, call
- Posted: September 23, 2022Read more »
Was Thrace influenced by Greece & the Macedonian Empire? It is a fact, Thrace was conquered by Philip II, king of Macedonia. This occurred in the 4th century BC. Once Philip the II died Thrace became a part of the great kingdom of Alexander the Great. Following Alexander’s death, his empire was divided among his generals, who established independent kingdoms including Thrace.
Lysimachus, who reigned from 323 to 281 BCE, was the general who succeeded Alexander as the ruler of Thrace. According to Herodotus, an ancient Greek historian, Thrace was highly influenced by Greece and the Macedonian Empire's culture. But, were they?
Yes, Thracian coinage gave homage to the once great leader of the Macedonian Empire. The Thracians under the leadership of Lysimachus used Alexander's portrait on the front of their coins. However, on the back "Lysimachus n - Posted: October 29, 2021Read more »
Philip III King of Macedon was the son of Philip II. Alexander the Great, also known as Alexander III, was also the son of Philip II. Philip III's actual name at birth was Arrhidaeus and his mother was Philinna of Larissa. Philip III didn't ascend to the Macedonian throne until after the death of Alexander III. Even though Philip III was older than Alexander he was overlooked because he was half-witted and an illegitimate son. Philip III ended up merely serving as a figurehead. He was only placed king as a pawn and out of necessity. It was Alexander III who claimed the throne right after his father’s bodyguard assassinated him. In fact, Alexander killed all his rivals before they could challenge him. However, he took Arrhidaeus under his wing because he was very fond of him. Alexander even brought his older brother on campaigns in order to protect his life.
The Death of Alexander the Great
When Alexander the Great died on June 10 323 BC a crisis ensued. Who would be Macedonia’s new king? Philip Arrhidaeus had to become the candidate even though he was mentally challenged. Alexander III's wife Roxana was pregnant and was waiting to give birth to their son. He was to become the eventual heir to the throne and was to be named Alexander IV. It was decided that Philip III would reign as the appointed regent. He would be Philip III of Macedon in name only until the new Alexander IV would become old enough to rule. Philip III King of Macedon did not have a long lasting reign. Only 6 years after becoming King he was murdered by Alexander III's mother, Olympias. She put to death Philip Arrhidaeus and his wife Cassander due to her using her husband to advance her own cause. Cassander’s brother and a hundred of his partisans who were conspiring with Cassander were also killed. This cleared the path for Alexander IV to become Macedonia’s rightful new king.
- Posted: October 12, 2021Read more »
Coin collecting is not only a rewarding and enjoyable hobby, but if done properly, coin collecting can also be profitable. In this report and the video below, we will share some of the most important things to keep in mind when coin collecting. This is in order to maximize the rewards of assembling a profitable collection, regardless of your budget.
- The first thing is to make sure that you’re collecting an area with a solid base of other collectors. You can have the rarest coin in the world, but if nobody else wants it, then it's unlikely to see much appreciation.
- Make sure you own coins that are attractive. To clarify, a great looking coins will always catch the eye of a potential buyer.
- Make sure you acquire and own coins t
- Posted: May 28, 2021Read more »
The ancient city of Athens holds a unique place in our hearts and minds. It was the foundation of western civilization. Even today the Parthenon stands high upon the rocky Acropolis as testament to Ancient Greece. Today, we can easily answer why the Athenian owl coin was made, because it was one of the foundations of this new western civilization.
An example of the world's earliest coin was the drachma. It helped to develop a new concept of currency. Drachmas were the silver coins of ancient Greece. They dated from the mid-6th century BC and were the monetary unit of ancient Greece. Importantly, the most influential of ancient Greek coins came from the ancient City of Athens. It was the Classical Owl Tetradrachm
- Posted: May 13, 2021Read more »
Some 600 years before Christ was born mankind started using electrum as a form of payment. This was in exchange for good and services. Ancient man found electrum in riverbeds. They were in nugget form, but it wasn't long before the very first coins were produced. This is how and when electrum was first used as coinage.
These earliest coins known in the ancient world were created from this naturally occurring alloy called electrum, as a result of a mixture of gold and silver. It also often found containing other trace elements like platinum, copper and other metals. These alloys give off a shiny property that easily catches the rays of the sun. A variety of colors could be found to range from pale yellows to bright greens. Occasionally, even a brassy-color due to higher copper