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Coins & Currency > The Official Blackbook Price Guide to World Coins 2008, Edition #11

The Official Blackbook Price Guide to World Coins 2008, Edition #11




Price: $7.99
The Official Blackbook Price Guide to World Coins 2008, Edition #11

ANCIENT COINS: COLLECTING HISTORICAL COINS Courtesy of Victor England, Jr., Senior Director of Classical Numismatic Group, Inc. Coins are the most important form of money. For over 2,000 years these small pieces of metal have represented units of intrinsic value. Today we take coins for granted; but since coinage emerged in the late 7th century B. C. it has played an important role in the eco-nomics of many cultures. Today we are fortunate to have coins as records of past history. Through the collecting of coins you can acquire significant histori-cal artifacts that can lead you down many paths of research and ex-ploration. If only these small objects could talk—I am sure they would tell many interesting tales. The collecting of historical coins from the Greek, Roman, and Byzantine periods is an affordable pastime that can provide many hours of enjoyment. The collecting of ancient coins is perhaps the old-est part of numismatics. Once only the hobby of kings, it is now a re-warding field readily open to all. A recently published book series, Ancient Coin Collecting by Wayne G. Sayles, is a must for anyone wanting to look over this fas-cinating area of numismatics. These books are available from your favorite bookstore or numismatic bookseller. Over the next few pages I will introduce you to 32 ancient coins that might form the beginnings of your collection. Condition, strike, and style play important roles in the price of ancient coins. I have provided price ranges you might expect to pay for some of these coins. The price categories in the order they appear on the following pages are as follows: Fine–Very Fine Very Fine–Good Very Fine—Extremely Fine Over 2,600 years ago in Lydia (Western Turkey), small lumps of metal were stamped with a simple design. These lumps of metal, made from a natural alloy of silver and gold, were called electrum. They represent one of the earliest coins. 115

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