Ancient gold coin

  1. 4 Common Questions About Rare Coins

    4 Common Questions About Rare Coins

    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 with their rare coins, and that also means providing valuable insight into the hobby, so we’ve collected four of the most common questions we get asked and their answers so you can get started with all the information you need!

    What Are Rare Coin Values?

    This question doesn’t always have a set answer, unfortunately. While there are certain coins that are well-known to be valuable, such as Buffalo Nickels, there are many coins that fluctuate in value. If you think you have a coin that’s rare and valuable, reach out

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  2. The Cruelest Roman Emperor

    The Cruelest Roman Emperor

    Roman Emperor Caligula is remembered as being the cruelest roman emperor. No one can say exactly why he was so cruel. Some speculate, that it was because he fell ill of syphilis 6 month into his reign. Whatever the reason, he never recovered mentally and became a ruthless leader.

     

    Caligula's cruelty lasted during his four-year reign from 37-41 AD. In fact, he became so ruthless that no one was safe, including his family. Some even refer to Caligula as the mad emperor. In short, his cruelty, sadism, extravagance, and sexual perversion was nothing short of the actions of an insane tyrant. For instance, he made his horse a member of the senate and slept with or killed every member of his own family.

    There are others who believe Caligula's excessive cruelty is exaggerated

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  3. The First International Currency

    The First International Currency

    The world’s first coins were minted in ancient Lydia. Lydia's King Croesus became the first ruler to separate gold from other metals. He issued the world's first pure gold and pure silver coins. The Persian Empire, also known as the Achaemenid Empire, took up the idea of coinage upon defeating King Croesus in 547 B.C.. However, it wasn't until Alexander the Great of the Macedonian Empire, who conquered the Persian Empire, that the first international currency evolved. In fact, some believe that Alexander was the father of the first international currency.

    Alexander ascended to the throne in 336 BC following the assassination of his father Philip II. He became king at the very young age of 20. In addition, Alexander adopted the Attic coinage standard. Unfortunately, Alexander spent his ruling years conducting lengthy military campaigns and really didn't get to enjoy his conquest much. He was always too busy conquering more lands throughout Western Asia and Egypt.

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  4. Byzantine Empire Gold Solidus

    Byzantine Empire Gold Solidus

    The Roman Empire began fragmenting in the 5th century AD. However, as the Western Empire fell in c. 376-476, the Eastern Roman Empire began to thrive. The name Byzantine Empire, or Byzantium became more popular than calling it the Eastern Roman Empire. There was also a clear power shift from Rome to the new capital city of Constantinople. In short, it was the beginning of a new era. The age when the Byzantine Empire Gold Solidus became a symbol of this new dynasty. One that would last for over a thousand years. Ultimately, falling to the Ottoman Empire in 1453.

     

    Christianity became the official religion. This caused a major cultural shift. In addition, the official language changed from Latin to Greek. All of this, because the Eastern Orthodox church became the dominant power.

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  5. What is the largest ancient gold coin?

    What is the largest ancient gold coin?

    Many customers ask us, "What is the largest ancient gold coin?" We tell them, you’ve come to the right place! Only one ancient gold coin struck holds that title. The Gold Octodrachm was by far the largest gold coin ever struck in the ancient world. These heavy weights were a most common denomination of its day. Importantly, other large denominations like the tetradrachm (four drachms), the pentadrachm (five drachms) were also common. However, the Octodrachm (an eight-drachm coin) was the largest.

     

    Gold Octodrachms were struck over 2,300 years ago. They were produced during the Hellenistic period in Ptolemaic Egypt. No other kingdom or empire in the ancient world comes close to producing such a large gold coin. Above all, Ancient Egypt was known to be a country of r

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  6. What is a Gold Aureus?

    What is a Gold Aureus?

    A gold coin of ancient Rome

     

    What is a Gold Aureus? The Julius Caesar Gold Aureus was a gold coin of ancient Rome originally valued at 25 pure Silver Denarii. From the 1st century BC to the beginning of the 4th century AD the aureus was commonly struck. It later was replaced by the Solidus. This gold Aureus was struck Caesar during the Roman Republican period under Julius Caesar by Praetor A. Hirtius.

     

    The aureus was heavier than the same size denarius because gold is more dense than silver. Before Julius Caesar became emperor of Rome the gold aureus wasn't very common. It was Caesar's extravagant spending and trying to gain favor with the social elitist that

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  7. How much is a Roman Aureus worth?

    How much is a Roman Aureus worth?

    Ancient coins are beautiful, miniature works of art, and true antiquities. In order to understand how much is a Roman aureus worth, you have to understand that ancient coins are amazingly rare. There is a very limited supply and a growing demand from investors and collectors.

     

    You don't need a fortune to acquire a truly rare and beautiful ancient coin. There are many different types. But, In order to really understand a Roman Aureus' worth you have to know how rare it is. You also have to know what the condition it is in. And, you have to know how many people want to own it.

     

    The 3 basic principles the affect cost of ancient coins

     

    The rarity of a coin is basically determined by these three different principles: 1) How many of a particular coin survived and are still in existence. 2) Whether

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  8. What Persian Darics were used for.

    What Persian Darics were used for.

    An ancient Persian Gold Daric is a high-purity gold piece and weighs approximately 8.4 grams. This weight is based on an ancient weight standard.

     

    The Daric was also referred to as a Babylonian shekel. It was called a shekel because it was equivalent to one month's pay for a mercenary foot soldier. We know what Persian Darics were used for. Persian Darics were some of the first coins ever used as currency. Currency was a new concept, because in ancient times bartering was the norm.

     

    One daric could be exchanged for 20 silver sigloi. This was a daric's silver currency counterpart.

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  9. Are Roman coins worth anything?

    Are Roman coins worth anything?

    When it comes to ancient Roman coins investors always ask, are Roman coins worth anything? Well today, that depends on quality, rarity, and other important factors. For example, eye appeal, artistic merit, historical significance, and precise state of preservation. These are things to consider before you buy any Ancient coin.

     

    A gold aureus was worth 833⅓ denarii in 301. By 324, the same aureus was worth 4,350 denarii. Ancient coins appreciate in time. Mainly, due to the demand of a finite quantity that can be found.

     

    As noted on our Ancient Gold Coins Website:

     

    1. Ancient coins are beautiful, miniature works of art. In other words, true antiquities.
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