The ancient coin market remains robust, despite some concerns about
cultural patrimony laws that may impact the ability of American
collectors to buy and sell some ancient coins. Numismatic Guaranty Corp.’s NGC Ancients
program, led by David Vagi, continues to help make buyers
comfortable with ancient coin collecting by taking much of the
guesswork out of grading, authenticating and attributing of ancient coins.
In this week's Market Analysis we're highlighting three ancient
Greek silver coins that sold at Heritage’s April 14 to 19 auctions
held at the Chicago International Coin Fair in Rosemont, Ill. Here is
one of them:
Aegina Turtle silver stater, circa 480 to 457 B.C., Choice Fine
Like the Athenian silver tetradrachm, the Turtle silver coins from
the Greek island of Aegina were “branded” as a world trade coin
because of a consistent design that developed over centuries. The
silver staters of Aegina generally have a depiction of a sea turtle on
one side with a reverse punch mark.
Among the first trade coins that enjoyed wide circulation throughout
the ancient world, examples today are available in large quantities
due to hoards.
The design was first used around 650 B.C. and continued largely
unchanged (although the turtle would have more details as time went
on) for 300 years. At Heritage’s CICF auction, a classic Aegina turtle
stater dating from circa 480 to 457 B.C. and graded Choice Fine by NGC
with a 4/5 for strike and a 4/5 for surface sold for $376, providing a
solid entry point into collecting this classic ancient type.
Keep reading this Market Analysis:
Athenian Owl tetradrachm highlights Heritage
Sicilian silver stater from Syracuse in Fine Style
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