![]() ![]() It allowed people to understand and trust a clearly identifiable object of value and accept it as payment for goods and services.Ĭoins allowed for people to instantly transact business instead of having to barter. Rare ancient coins allow you to take a journey back in time to the earliest roots of commerce and enjoy a magnificent work of art from thousands of years ago.Ĭoinage and the concept of money is without question one of the most important inventions in the history of mankind. Have you ever heard the saying, “Holding history in your hands”? Perhaps it is best understood when you encounter an incredible, rare ancient coin.Īncient gold or silver coins from thousands of years ago are tangible links to when currency, art, and written language were in their infancy. The key to success is knowledge, building a relationship with a firm you can trust to help you work within your means, and a clear focus on your particular areas of interest. Many of our clients have come to realize that putting together a collection of ancient coins is something that is quite different and special.Ī carefully chosen selection of certified ancient coins can prove to perform well over time as astute investors and collectors track down these rare items. Sure, it can be profitable, but in most cases you’re looking at numbers on a computer screen. Let’s face it, investing in stocks or bonds isn’t really that much fun. Once they get a basic understanding of the market they are very comfortable making their first acquisition. Furthermore, many of our first time clients are shocked to find out that Ancients can be acquired at very affordable levels. Every coin that Austin Rare Coins handles tells a unique story. The opportunity to own gold or silver coins from the time of Alexander the Great or Julius Caesar may seem impossible, but with ancients that dream can become a reality. ![]() Imagine the thrill of owning something that was made over 2,000 years ago that has been preserved in immaculate condition. Historical ImportanceĪncient coins are real, tangible links to our distant past and the earliest days of commerce. Today it is believed that around 80 are known to exist, however, there are far more collectors who desire to own one, hence the six-figure price tag as a starting point. The coin portrays Brutus, a chief conspirator, and is one of the most sought-after coins of the ancient world. While not a particularly beautiful coin, it is extremely valuable and highly desirable because it commemorates the assassination of Julius Caesar. Take a coin like the Brutus “Eid Mar” Silver Denarius from 42 B.C. You can have the rarest coin around, but if nobody knows or cares about it, then it won’t be valuable. So, what makes a coin valuable? The answer is demand and quality. Remember, just because a coin is old doesn’t necessarily mean it has value. Long-Term Valueīesides the age of a coin, its condition and history is critical to collectors and investors and a primary driver of price. We expect this trend to continue as time goes on. We have noticed lately that truly great coins are few and far between as the ever-increasing demand puts pressure on the extremely limited supplies available. As time goes on, we expect far less “fresh” material to enter the market due to this fact. The Department of Antiquities will go in and seize the find as national treasures and they then go to museums or private cabinets. Recently, when an excavation takes place and an ancient coin or any other artifact is uncovered, these finds are not leaving the country where they were found or going to coin dealers. We fully expect that there will be an influx of interest as Ancient gold and silver coins are rediscovered by the collecting community. There is no question that the added assurance of owning NGC certified ancient coins will fuel this growing market into the next decade. Those looking to acquire truly rare, ancient coins many times find them to be remarkably affordable in comparison to the multitude of six-figure coins that exist in the U.S. In our opinion, as the certified Ancient coin market continues to grow, it won’t a take a lot of buying pressure to push prices higher. There are very limited supplies of high-quality ancient coins, yet, they are surprisingly affordable in comparison to U.S. As a result, thousands of new collectors and investors have discovered ancients and are actively participating in this exciting market. Although ancient coins have been around for thousands of years, it wasn’t until very recently that NGC began certifying them. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |