The Peculiarities of Collecting Ancient Coins

Ancient coins can be fascinating. They not only depictof the coin. If most were lost, the value is high. Hence,
history, they are part of history. The images they bearthe number of survivors on any issue is small.
give our best insights into what rulers looked like inCollector coin issues were unheard of in ancient times.
ancient times, and the events, while perhaps slanted toAll coins were intended to circulate. So, most ancient
favor the government that issued the coin, tell ofcoins have wear that is consistent with the circulation
historically significant occurrences. Even the coinsof the coin.
themselves indicate the state of metalworking ofThe lack of a banks required other means to protect
ancient times. All of these combine to make owningone's treasure, so many were buried. Those that were
such coins desirable to a true numismatist.buried are often found well deteriorated due to the
Ancient coins lose their appeal if they are not genuine,water and chemicals found in the soil. Many are
and of all coins they are perhaps the most easilyencrusted to the point of needing a major cleaning.
counterfeited. The method of production preceded theWhile it is usually not considered advisable to clean a
techniques employed by modern mints where coinscoin, ancient coins may be an exception.
are stamped out. Ancient coins predate suchAnother problem is dating these items from antiquity.
machinery. They had to be produced one at a time byOur calendar did not exist. In the period of the Roman
a slow, arduous method of being pounded into shape.Empire, for example, no one knew what year they
This caused the pressure used to vary, and the qualitywere in according to our calendar. They might know
was irregular. Indeed, the blank pieces of metal beingwhich year of the then current Caesar's reign they
struck usually had a certain variance from beingwere in, but could not stamp a coin with a year that
perfectly round.might be intelligible to most people today. True, some
The metals used had to be relatively soft to allow forcultures had a calendar, and could have used their
the image to form when a person struck the coin. Butyear on their coins, but those years might just get us
the exact composition of those metals could not beclose to the year in the current system that the coin
guaranteed. One check for a counterfeit coin is towas struck. For example, the Hebrew calendar has its
weigh the coin, but variances in weight due to metalyear starting before our year starts, so a date using
composition and divergence from a perfectly roundthe Hebrew calendar can place the coin's origin in one
shape do not allow such tests on ancient coins.of two years.
Since there were no mints as we have today, recordsUnfortunately, when it comes to ancient coins, if it looks
of the number of coins struck do not exist. Thetoo well preserved, and has too much quality, it has a
method of production determined the number of coinshigher risk of being counterfeit. Determination of
to be small by today's standards. Even if accuratewhether an ancient coin is genuine requires special
records would have been kept, the number ofexpertise, so always buy from a professional who
surviving coins is more important than the numberspecializes in ancient coins, or have such an expert
struck. A coin's value is determined by the availabilityprovide an opinion.