if I let friends see my coin collection, the coins that really give a ‘ Wow ‘ response are the Roman coins. My friends of the currency in the wallets of some Roman Centurion around the time of Jesus dreams, and it should be worth a fortune. They are fast, and somewhat disappointed, shocked to find that most Roman coins a value of not more than a couple of pounds or dollars. How is this possible?
what makes a coin worth money
once a currency is no longer official registration is only worth what a collector would pay for it. Effectively we have a small round metal disc with some engraving on. So how we value? This depends on several factors:
: rarity as a coin is rare usually draws more money. Of course, there are many examples around and everyone has there been a than it is not to much. Just because a coin is old does not mean it is rare. I’ll explain why later.
condition : coin collectors call these ‘ rank ‘ and it makes a big difference with the price. A coin in a condition near when it was struck for the first time is always the goal for coin collectors. Heavily worn coins are usually worthless unless very rare.
Metal : If a coin is made of a precious metal, such as gold, silver or Platinum then it will have intrinsic value, even if it goes into the melting pot.
Interest : sometimes a coin will be strengthened in price because of the slight rise in popularity that stimulates demand. For example, there are many coins from shipwrecks but if we found a coin from the Titanic it would sell for a premium because of the legend around the story of the Titanic.
if we apply these rules on Roman coins that will explain why they are not worth a fortune.
the history of the Roman Empire
probably the main reason why Roman coins are cheap is the fact that they are not rare. On the contrary, they are everywhere. The Roman Empire was one of the largest Empires in history, covering most of Europe, Great Britain, parts of Asia, the Middle East and North Africa. It was in 27BC to 476AD, the existence of more than 500 years. And all these places used Roman coins during the era.
the Romans needed coinage in huge quantities to cover their needs. To make matters worse, sometimes inflation ran at 1000 percent. A Roman soldier reward (are ‘ by ‘) was probably a few denarii per day at the beginning of the Empire; by the end the soldier would have been paid several hundred. The smaller coins did not have much purchasing power.
In passing, Roman soldiers were always male, had to sign up for 25 years and receive a salary, a bonus and pension. On the flip side they had to pay for their own food and contribute to the horses and weapons.
Originally coins were minted only in Rome, but in the third century there were coins in other countries also. These coins sometimes produced more than 2 million monthly in order to meet demand. Coins typically depicted the Emperor on one side and some other image or letters on the other. During the Empire, more than 10,000 different types of coins made.
the coins were hammered, which means that a blank disc was placed between two dies and a blow with a hammer! That’s why the edge of the design and the edge of the RIM does not always match up. It was a simple process and very open, and that started from the first coins. Initially there may be some official permission in order to make some coins locally to meet requirements of the currency, but by the end of the third century forgeries was a common and serious problem.
you may need to be warned that they because of the popularity of Roman coins for the gifts of the tourist and historical interests have replicated, so always buy from a trusted , such as a professional dealer.
so I hope you see now that Roman coins that are not rare, and they are still is found in fairly large quantities even today.
in view of the fact that not all Roman coins are worthless think
not all Roman coins that low in price. The Romans used gold and silver often; Some coins are very rare; some emperors are better known and more collectable than others, such as Julius Caesar and Nero. A Roman coin not fire because you think it is in poor condition; Don’t forget the coin is probably very old, been in the ground for centuries and because of the way they were made you never find that perfect is compared to a modern coin.
the nice thing about the low price of ancient Roman coins is that they are very affordable. They are components of interest and conversation, so you need one or two for your collection and they make a great gift for anyone interested in Roman times.
by Les Kendall