Numismatics - Ancient Coins, US Coins, and World Coin Collecting

in coin •  11 months ago

Screen Shot 2017-08-09 at 12.40.42 AM.jpg

Rare gold coin minted during the reign of Augustus Caesar

(btw, I do not own that coin)

https://www.economist.com/news/finance-and-economics/21722234-once-shady-market-aspires-respectability-numismaticsacquiring-old

Interesting recent article on numismatics and coin collecting. A nice highlight:

"An index of tangible alternative asset classes compiled by Knight Frank, a consultancy, shows that returns on rare coins over ten years to the end of 2016 were 195%, easily beating art (139%), stamps (133%), furniture (-31%) and the S&P 500 index (58%)."

Ok, ok, not as good of a return as bitcoin, but still. I went ahead and started an ancient Roman and Greek coin collection last year. I also bought some middle eastern and asian coins. My prediction is that as people in the middle east, asia continue to develop economically, an interest in their own history and collectibles will continue as well. Think about it, the roman and greek ancient coin market is pretty well mature...we are now seeing a strong interest in Chinese, Indian (mughal) and middle eastern coins as well. If anyone has an interest, here are some good resources

  1. Heritage Auctions (excellent US, Ancient and Wold coins, and other collectibles): www.ha.com
  2. Stacks and Bowers: https://auctions.stacksbowers.com/
  3. Ira & Larry Goldberg Auctions: http://www.goldbergcoins.com/content/
  4. Stephen Album Rare Coins (expert in Islamic, Indian, Asian coins): http://www.goldbergcoins.com/content/

My favorite is heritage auctions. You will find collectible items from coins, to old manuscripts. If you are a lover of history, collectibles are a great way to make an investment into items you already have a natural interest in.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hello Friends, How Are You
Thank You Friend nice To Meet You @uzdc
the Best And amazing.
Nice To Meet You All #steemians
My Name Ary, Account name @dunia-food I Am Coming From Aceh Sumatra National Liberation Front (ASNLF)
I Say Welcome And Happy To You Here #steemit or#eSteem.
Vote @good-karma As Our Witness.
Do not Forget Follow Me Also @dunia-food
I would like to express my gratitude.

Thanks for the resources. Most of my collection is of US minted coins. Ancient coins sound very interesting for diversification! May not be as lucrative as bitcoin but more stable and tangible with little chance of bottoming out.

·

I just love ancient history - greco-roman history is fascinating. when you hold a coin that is "hopefully" 2000+ years old (hopefully because there are many fakes..have to be careful)....it always gives me goosebumps.

·
·

Yea Im already having all kinds of questions come up in my mind. Like what are some common coins of that era? I can see this requires a bit of research... Seems like a whole new world within coin collecting.

·

definitely agree!

I'm also a big fan of Heritage Auctions. Their past auctions results search contains a massive amount of very useful sales data.