|One of the world’s oldest coins was recently sold in Germany for over over $380,000. Issued between 600 and 625 B.C., this coin is unique because of the stamp of Phanes. The exact identity of Phanes remains unknown. “I am the badge of Phanes” is one of the English translations of the stamp. The words can also be translated as the more cryptic “I am the tomb of light.” Since Phanes was the god of light, and also the word for light, the ancient words can be interpreted in many different ways.|
There are four examples of these types of coins. Known as “Staters of Phanes,” the denomination is one stater. A stater is an early currency of ancient Greece. Denominations began at 1/96, and went up to one stater. There were seven total denominations. Only the two highest had the Phanes stamp.
|Electrum Stater Of Miletos. Several Greek cities as well as the Lydian kings began minting the first coins by stamping the badge of their city into one side of a standard weight lump of electrum and various punches into the other. These were used to facilitate trade by certifying that the intrinsic value and weight of the metal was guaranteed by the issuing authority.|
Of these early coins, those of Miletos (600-550 BC), are probably the finest.
A silver Tetradrachm, Thrace dates from 386-375 BC and depicts a Griffin preparing to spring on the obverse with a nude image of the god Apollo carrying a laurel branch and patera and accompanied by a stag. About $7,500|
Gold octadrachm from the reign of Ptolemy II in Alexandria from 285-246 BC. Arsinoe II on the obverse, a double cornucopia appears on the reverse. $11,500.
|Thrace - Tauric Chersonesus, Pantikapaion, (c.320 B.C.), gold stater, (9.13 gm), obv. head of bearded Pan to left, with animal ear, wearing ivy wreath, rev. horned griffin with curved wings standing to left on an ear of corn, right foreleg raised, head facing, holding spear in jaws. $33,000|
|Gold coin of Croesus - Croesus was the king of Lydia from 560 to 547 BC until his defeat by the Persians. In Greek and Persian cultures the name of Croesus became a synonym for a wealthy man. Croesus' wealth remained proverbial beyond classical antiquity: in English, expressions such as "rich as Croesus" or "richer than Croesus" are used to indicate great wealth to this day. |
Ancient Roman Gold Aureus Coin of Emperor Augustus - 10 BC. $ 5,800
| Gold Byzantine Solidus Coin of Jesus Christ & Emperor Justinian II. $8,000.00|
Ancient Celtic AV Gold Remic Stater Coin from the Atrebates Tribe - 55 BC. $1,600.00
|English Medieval gold sovereign struck under King Henry VIII. The obverse depicting the King, enthroned holding orb and sceptre, portcullis at feet, his cloak falling over his feet in folds, ornate pillars either side.|
The legend reading:
HENRICUS DEI GRACIA REX ANGLIE ET FRANC DNS HIBM
"Henry, by the Grace of God, King of England and France, Lord of Ireland" - $19,500.00
|Alexander the Great lifetime stater, 8.61g, official issue from Abydos, Asia Minor, c. 328-323 BC|
Silver stater of Lokris featuring Ajax. Persephone is on the obverse.
|Syracuse, 16 Litrae coin of Hieron II. (275-215 BC)
Sicily, Katane. c. 430-420. BC
|It's a mysterious nickel that was estimated to bring $2.5 million at auction. The coin, known as the Walton nickel, surpassed estimates and sold for $3.17 million in early 2013.|
|This nickel is both old and rare, one of only five that were struck at the U.S. Mint in Philadelphia in 1913. That year a buffalo image was to replace the Liberty head design on the front side of the U.S. nickel. Five coins were inadvertently struck with the old image.|
The coin is not supposed to exist. It is supposed to have the buffalo design.
|A decade ago, as a promotion for a display of the other four nickels in the set, a $1 million reward was offered for anyone who brought in the missing coin. Walton's family decided to bring their nickel in to see if it might be real after all. Indeed it was. |
The family decided to put the coin up for auction. "It's been in their family for 70 years. They decided that the hundredth anniversary of the coin was the right time to sell it and for another collector to have it," Rohan said.
The reverse with the goddess, Victory standing left holding a long, jewelled cross and wearing loose drapery. $7,000.00
Caligula Gold Coin Found in Cyprus
US mint runs out of certain Silver Eagles
|"Inventories of newly struck 2013 American Eagle silver bullion coins are exhausted after United States Mint authorized dealers ordered 6,007,000 in less than two weeks.|
2013-dated American Eagle silver bullion coins launched on Jan. 7, 2013. Opening sales hit 3,937,000 for a one-day record that spans through the Silver Eagle’s 27-year history. Pent-up demand boosted the numbers as the 2012-dated bullion coins sold out on Dec. 19, leaving distributors without new supplies for three weeks."
|Silver prices posted the biggest gain for the week among major metals, up 5%.|
Silver prices are up nearly 8% in the past couple weeks as investors increasingly load up on the white metal.
Trillion Dollar Coin Trick "explained"
|Diehl said this works like additional tax revenue or borrowing under a higher debt limit so there are no negative macroeconomic effects. Moreover, the trillion-dollar coin doesn’t circumvent congressional power nor raise the debt limit, it delays when the debt limit is reached."|
So there's absolutely NOTHING to worry about here, right?
$ 50 American Buffalo Gold Coin
|"LONDON (Reuters) - Britain's Royal Mint has started to manufacture gold sovereign coins in India for the first time in almost 100 years, it said on Monday.|
Indian residents have been unable to buy commemorative sovereigns since 1918, when the Royal Mint operated a branch in the country, producing 1.3 million coins in a single year. The first production run will be for 50,000 pieces and will be available in the market immediately, the Royal Mint said in a statement that coincided with British Prime Minister David Cameron's visit to India. The commemorative sovereigns will be produced by Indian gold producer MMTC-PAMP using tools and techniques developed by the Royal Mint in its South Wales facility.
India is the largest consumer of gold, with gold coins playing a key role in wedding ceremonies and festival celebrations throughout the year. The country's gold medal market is estimated at around 80 tonnes a year."
World's largest Gold Coin(s)
|Ottawa, Ontario, October 18, 2007 – The Royal Canadian Mint (RCM) is proud to announce that its masterpiece 100-kg, 99.999% pure gold bullion coin with a $1 million face value has been proven by Guinness World Records to be the world's largest gold coin.|
After several interested buyers came forward, the RCM decided to make a very limited quantity available for sale. To date, five of these majestic gold bullion coins, weighing 3,215 troy ounces each, have been purchased by investors from Canada and abroad.
3,215 troy ounces (of many extra fine 9s) gives us something that otter be worth around $ 5,460,000, at least, if we find one laying around today.
|Not to be outdone in such matters, The Perth Mint in Australia took 18 months and unveiled a 1 tonne, 1,000 kilograms, or 32,150.7466 troy monster coin in late 2011.|
My math makes this baby worth $ 54,655,500 on a real bad day.
RCM 10kg Coin
|One has to hand it to the Royal Canadian Mint. If one of the 100 kg solid gold coins is slightly outside your budget the RCM has a nifty 10 kg variety (limited edition of 20, don't be ridiculous pffft) thats sure to tickle your expensive fancy.|
Featured is west coast artist Bill Reid's iconic "The Spirit of Haida Gwaii"
Composition: 99.999% gold
Weight: 10,000 g
Diameter: 180 mm
Face Value: 100,000 dollars
Artists: Bill Reid (reverse), Susanna Blunt (obverse)
Master Engraver: Cosme Saffioti (2003-2011)
Item Number: 113954
|The RCM has issued an ultra nifty 1 kilo coin (35.27 ounces) for the discriminating Gold fan with a limited run of 20. |
Naturally if one is wondering about the price you probably don't need one. For those of us not concerned about such petty matters this baby can be had (while they last) for $ 69,000 with no tax.
Specifications : No123807
Composition fine gold (99.99% pure)
Weight (g) 1,000
Face value 2500 dollars
Artist W. David Ward (reverse), Susanna Blunt (obverse)