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I never knew that authentic Roman coins were available at such low prices until an interview you did a few months ago mentioned it. I’ve gotten really into it since then. Thanks a ton for introducing me to the hobby!
7:33 the stratospheric rise in the price of modern art really needs to be looked at from a few different perspectives. It's become a favorite means of money laundering which has substantially skewed the data set. Trying to figure out how much that skewed the data set is likely impossible to determine.
A have a few ancient coins that I would pass around the classroom and tell a story about it. I also had many foreign coins that I would buy in bulk. That was a great classroom resource in many ways. The kids could buy these coins in the Challenge Shop with points they’d earned for attempting or solving a challenging math problem of the day. Often they were not that difficult but it gave us an opportunity to talk about strategies they used. Now I’m retired and have an abundance of world coins. I bought them in bulk and had a hobby of making the best ones into decorative pins. I live across the street from a popular park. I bury about 25 a year in areas I can observe guys coin shooting while I’m washing dishes. I wonder what they are thinking when they find a coin from Fiji.
@@larsrons7937 I had one parent who returned a coin for exchange. It was one of those heads I win, tails you lose tokens with female images. Ooops. I said he can pick out a replacement. So the next day he spent about an hour searching through the coins and chose one from Vietnam. It featured the words DAM and COK. Lol.
How very informative. I began researching ancient coins a few years ago and was surprised at how affordable they are. I haven’t purchased any yet because I’m still researching. For me, it’s the aesthetics and haven’t decided on a coin.
Best intro ever. I love the worn and cheap coins! My collection is built from them, but so many cool kings and cities... it's so exciting to go through.
Is it wise to purchase coins at this time? Will the price of old coin continue to fall this year despite widespread claims that the market is active? How soon will cryptocurrencies fully recover? To be totally honest, I have no idea how other traders in this market manage to generate gains of more than in a single year.
I also discovered that many people are still earning six-figure incomes in spite of the present economic crisis; the only difference is that these strategies are frequently employed with success by those who have a solid grasp of the market.
this is one of the primary reasons I utilize a portfolio coach to oversee my daily investing decisions is that their whole skill set is centered on trading long and short at the same time, utilizing profit-oriented techniques and minimizing risk as a hedge against unforeseen events.
@@alexanderjames3043 Due to the significant falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?
@@waynestones Yeah, I have total faith in a financial advisor who is certified by the US SEC. In fact, I'm not sure whether I'm allowed to disclose this, but I'd suggest checking up "sharon lee casey" because she was a huge issue in 2020. She is my mentor in addition to managing my investments.
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Interesting and useful video. Before the internet most people I met collected coins that were in mainstream catalogues (the last 1 - 200 years). I have a single small Roman (from Emp. Claudius I think) bought for 2 € (less than an icecream) in Spain 12 years ago, and a Norman 1 penny of William the Conqueror from 1.035 (his first year of reign) bought 7 years ago for 350 € but through a friend with a huge "employees discount". I'm sure both would worth a fair bit more today.
I have taken up cleaning coins after your video on the subject! It has been a magnificent journey to start with a clod of dirt and eventually reveal a face, a history, and a piece of art long lost to time. I hope to continue for a long time!
There used to be a program, Ancient Cons in Education (I think it is now defunct), that provided schools with very low-cost ancient coins for the kids to clean. They also had contests for the kids to write about the ancient world to win fairly nice Roman coins. I had my 6-8th grade history students participate. Some were bored, but some really enjoyed it. Being the first to lay eyes on the features of a coin for over 1000 years is really compelling.
The Harlan J Berk store in the loop in Chicago is a great store and chicagoans should check it out! Shout out to Curtis Clay, their ancient numismatist! He’s great
Nice to see the silver Eid Mar in hand. I actually bid on it at the auction Berk acquired it from, but my funds at hand were simply not adequate. The hammer price I believe was £30k + fees.
Are u interested in a small gold ancient coin collection?, wich includes a vespasian aureus, doble excelente from spain, macuquinas, islamic coins, napoleonic coin and few others ¡
I know which coins you’re all talking about during this video, but it would have been great for you to put up a graphic of those coins for everyone to get a visual
Great video. I am an investor with Masterworks, I partly own and Banksy and a Picasso, which is pretty cool and both are great investments...at least I hope...lol
I'm now the proud owner of Naked Statues, Fat Gladiators and War Elephants. This is the very first time I've bought some sort of merch or item to support a channel and will probably be the last time so I'm glad it's TiS.
I lived in Ankara for a year and their archaeological museum is top notch. They had so many coins from every emperor. Ankara isn´t the most interesting city but if you get the chance, go to the museum. World class.
I'd love it if you would cover the story of Publius Clodius Pulcher. I don't know a ton about his life leading up to it, but the incident with The Sacred Chickens is perhaps one of the funniest moments in all recorded history.
Not much of a coin collector (I have a handful, none much older than a century) but as far as I can tell super obscure coinage is at the very least affordable. Like, coins from the Jewish revolt (which used silver from the temple stores - yes, *that* temple!) are under $1000. I feel like such incredibly historical stuff should be worth more than that, even if it is still more money than is generally worth it for some collectible. Seems like anything that isn't immediately well known and seen as valuable by the ultra rich gets ignored and is at the very least within reach.
I just picked up some ancient coins but don’t know what they are I have searched the internet but can’t find them is there a way I can send you some pictures of them to see if you know what they are? Thank you Janet
If anyone is interested in gaining more Numismatic knowledge/enjoyment go have a look at Aaron's podcast here on RU-vid - 'The Ancient Coin Podcast', highly recommend it!
Currently Kitco is selling silver rounds Rounds! at 34% over spot not including shipping or insurance. I don't see them selling much inventory unless it is to suckers. Now consider that these ancient coins are valued differently and I am interested
Something that was tiptoed around in this interview, related to the laws on sales of coins, is that much of the supply of ancient coins comes from rampant looting of ancient sites. Looting destroys the historic context of the coins, as well as often the physical ruins, and thus most of the information they can tell us about the ancient world. This is why I have significantly reduced my ancient coin buying, despite how much I enjoy them!
What good does it do to let the coins go into the hands of somebody who disregards it’s possible archaeological connection? That’s not a reason not to buy them, in fact you should feel even more inclined to purchase them to save such historical artifacts from their unforeseen future.
Nice to see RU-vid killed all the cyber currency spam that originally showed up in the comments. Just wondering if you would consider a vid on Roman glass?
Are European medieval coins collected too? What's their value compared to ancient coins and early modern coins? I especially mean those coins older than the florin, like the penny/denier, the groschen, the tarì and the augustalis...
Great question. I’ve drooled over images of medieval coins. I’ve read a lot of history, so it’s a thrill to hold something like that. Check out CITVAS (I think) to see prices. I’m curious to know what became of the salvaged bronze from the Collosus at Rhodes. Was some turned into to coins, and what likely coins?
Similar thing happened to me last week, I was just telling a friend about Roman dogs and then toldinstone uploaded a video about it less than an hour later, uncanny timing
Just bought a Roman coin from them couple of weeks ago the coins was minted late Republic started me researching the person who minted it he is Lucius Appuleius Saturninus Tribune of the Plebs quite interesting.
An old girlfriend paid a visit recently. I mentioned my coin collection. She talked about it as an investment. I never thought of it that way. A friend said to me, "I spend my money on thrills crap, but you spend your money on sensible stuff." I never thought of it that way. When I drop 1500 on a coin, I feel guilty, not smart. I feel less guilty, now.
Seems like the main markets are overly focused on Rome and Greece... like, those are incredibly historical and important empires, but plenty of other civilizations existed too which created coinage...
My favorite ancient coin has a portrait of Noah on the obverse and the Ark on the reverse. These are scarce. Mine is especially valuable,as it's the variety that had the head of a Giraffe, sticking out of top of the Ark.
I'd like to ask any coin collector who is willing to answer HONESTLY....is it too late of a hobby to get into? As in, if I started searching now, is the market only full of repros and fakes and low end late age pieces? Or can I get some legit stuff from the REPUBLIC OF ROME/SECOND TRIUMVIRATE ERA? I'm only interested in that era specifically. Thanks!!!!!
No, it's not too late. If you try to buy your coins from, say, eBay, you'll have problems, but not from a reputable dealer. Many denarii from the late republic and imperatorial era are actually very affordable in decent condition.
Agreed wrih what Ryan has just wrote. I share your interest in the same eras and you can definitely start collecting right now. There's plenty of coins out there, just do some research and get familiar with the hobby before you dive in. Good luck!
It is absolutely a good time to get into the hobby. People have been collecting ancients since the 1700s, there are tons of very knowledgeable dealers all over the world and the market is very mature.
It's definitely not too late, many great coins out there, including many from the second triumvirate era. I've collected quite a few really cool coins and have never spent more than $200 USD one one, and rarely spent over $100 on a single coin. There is so much out there even in the $25-50 range from a lot of cool kings and cities.
I would recommend purchasing from noble roman coins. They are a reputable dealer that Told in Stone referred us to in his video on cleaning coins. They have uncleaned and cleaned coins and I have had nothing but positive experiences with them.
Advice I got years ago.... collect what you like or appeals to you. Don't collect as strictly an investment that'll grow, it may not or worse devalue. If you have objects you like you have the enjoyment of handling it, researching the history of its time, etc. All gives you a conversation piece to educate and share your passion for history with others.
@@LuvBorderCollies One nice thing about ancients, is you do get to handle them, actually touch them, unlike more modern coins where the slightest touch may degrade the value.
Fascinating, I want more ancient coins! They do seem to be a good investment, pretty cheap, and kinda off the radar for most people.Thanks for the good vids!
If the coins are older than the last 1 - 200 years that were in mainstream catalogues before the internet I would expect all of them to have gone up a lot, and probably still rising (but noone can predict the future like that). I would collect them for the joy of it, not for profit. A 100 years old coin was probably worth a lot more when new than it is today, whether I spend it or sell it to a collector.
Thanks for sharing this. While watching your videos I've often wondered what the value of these ancient coins are. I'd like to have any of them just to imagine all the people throughout history that had them. I do that with common coins anyway, especially old ones.
According to the Roman historian Suetonius in his De Vita Ceasarum written in the 1st century AD. Augustus sometimes presented old and exotic coins to friends and courtiers during festivals and other special occasions. For that coin collecting is one of the coolest hobbies in my opinion. And one of the oldest hobbies.
An investment, sure, but personally I like to think of the folks from history who could have handled them... Every time I get a 19th century US coin, I think of that, and how far we've advanced with technology since then. I really should do some studying up on ancients. It's a different ballgame altogether but there are some truly beautiful designs out there.
@Peter T it’s not as easy as you say it is, fakes are easily spotted by anyone participating in this hobby and has made effort to learn how to separate real from forgeries. I would love to see you replicate an Imperial denarius or Greek tetradrachm with perfection. Go ahead and try buddy
@Peter T Then the entire ancient numismatic market is completely and utterly fake with replicas being produced by the thousands. Including all types, Persian, Roman, Greek, Celtic and more. So perfect are these fakes that you, me and any expert cannot tell them apart. I’ll be sure to post this on popular Ancient coin forums and let everyone know that their collections are not authentic.
In collection: Silver Tetradrachm - Mint Syracuse 479BC following the Battle of Himera in 480BC. Reverse Die unpublished by Boehringer. Rare indeed. $24K minimum in 2022.
Well, Hadrian isn't exactly someone I'd consider a ... thoughtful figure? Anyone Orthodox (Jewish or Christian) is not going to enjoy that person very much. As an Orthodox Christian, I'm eyeing grabbing a Byzantine gold coin, especially if there's one with Justinian on the obverse and Christ on the reverse or vice versa. For some reason, the way that gold looks is unique. I'm also interested in any "New World" coins before reconnection with the West if they were numerous enough to circulate among collectors through the generations. As an interesting side note, the biggest lost of art and coinage in world history happened during the Fourth Crusade Sack of Constantinople. Inconceivable amounts of statuary art, gold and silver were melted down for their metals to be hauled back west and restruck/recycled there. It was likely worse than the losses at Timbuktu or Alexandria.
coin collectors are strange.... i don't really care what's on the coin or what it's made of as long as it's in good knick.... i've got a dozen coins in better condition than those eid mar ones and they cost me anywhere between $30-$50. i see dozens of people bidding on a beat up silver, meanwhile an immaculate, gorgeous example of a constantine or even just old bronze will go straight past em'. unnoticed. that's where i jump in 🤣
Every economist declares that inflation has damaged actual value of money. So, older money is worth more than today's money, and ancient money would therefore be WORTH MORE. DUH. Even science supports this...lead is actually gold, just atomically devalued through time. I knew my Econ degree from Wharton would come in handy someday!
