Insights

Stephen Album schedules live auction of ancient, Islamic, Chinese, Indian coins in California offices

Highlights include siege of Jerusalem bronze follis, gold dinar of Abbasid Caliphate
By Jeff Starck - Coin World Staff
Published : 04/23/14
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Stephen Album Rare Coins has announced that its 19th auction is scheduled to be conducted May 15 to 17, at the firm's offices in Santa Rosa, Calif.

The auction offers a total of 2,441 lots of ancient, Islamic, Chinese, Indian and world coinage, as well as numismatic literature. It includes 159 lots of Arab-Byzantine coins, one of the largest groups ever brought to auction, according to the firm.

One of the highlights is a bronze follis from the Byzantine Empire struck in Year 4 (circa 613 to 614) under Heraclius. The coin was struck during the Persian siege of Jerusalem. The siege commenced in September 613 and terminated in the Persian occupation in May 614, well into Heraclius’ fourth year of reign.

The coin was undoubtedly struck due to a severe shortage of ordinary Byzantine copper coins during the siege, according to the auction firm. Jerusalem remained in Persian control until it was reconquered by Heraclius in 629.

Because of the conditions under which the emergency money was coined, most examples of these coins are poorly struck and often badly preserved, according to the auction firm. This example, in About Very Fine, is “one of the finest known specimens” and has an estimate of $9,000 to $10,000.

Another highlight is from the Abbasid Caliphate.

The A.H. 132 (circa A.D. 749 to 750) gold dinar represents the first year of coinage from the first ruler of the Caliphate, Abu al-Abbas al- Saffah (the “blood shedder.”)

Silver dirhams from the first year of coinage are sometimes available, according to the auction house, but other coins are extremely rare. No mint name is identified on the coin, but that is because no Abbasid coinage identified a mint until A.H. 198.

The coin is Extremely Fine and has an estimate of $8,000 to $10,000.

One more highlight represents the Mughal Empire.

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