Silver Drachm

Why are Ancient Coins so inexpensive?

I've noticed ancient coins that are over 2000 Years Old are less expensive than the ones that are 200 years old. Why is that? Sorry that i asked this on the religous board but I didn' know where to put it.

Here is an example

http://cgi.ebay.com/2300-Year-Old-GREEK-Silver-COIN-of-ALEXANDER-the-GREAT_W0QQitemZ110027081764QQihZ001QQcategoryZ4738QQrdZ1QQcmdZViewItem

I guess that the real reason is that people do not appreciate the fact of how many of these coins were made, or the fact that there are not that many collectors in the world. This coin by Alexander was Made From dozens of mints for years to fuel the economy of one of the largest empires the world has ever known. They minted them by the millions per year. Add to this the fact that there were no banks, so many people buried their life savings to keep it safe. If the person died before retrieving their savings, those coins are kept safe for future collectors.

I have seen hoards of coins like this of many thousands of pieces, and have seen hoards of late Roman Coins in the tens of thousands just from one hole in the ground. In the past, these coins were so plentiful that they were melted for their precious metal content, since there were not enough collectors to want them.

The question as to why a 200 year Old Coin is worth more than a 2000 Year Old coin is the number of collectors of a series. You don't even have to go 200 years back. A Wisconsin quarter with a cracked die made some error coins a couple of years ago that looked like it had an additional leaf in the cornstalk. Those coins are worth more than this authentic Alexander the Great silver drachm! It is just a matter that millions of people collect the State Quarters, and maybe 10,000 people collect greek silver.

Popular Silver Drachm On eBay Below:

DANUBE CELTS 2nd Cent BC Silver Drachm 18mm Head Herackles Rev Zeus seated
DANUBE CELTS 2nd Cent BC Silver Drachm 18mm Head Herackles Rev Zeus seated
$12.19
Alexander the Great Lifetime silver drachm struck Lampsakos
Alexander the Great Lifetime silver drachm struck Lampsakos
$146.06
Akarnania Federal Coinage 250 200 BC Silver Drachm or Hemistater Rare
Akarnania Federal Coinage 250 200 BC Silver Drachm or Hemistater Rare
$500.00
Kings of Cappadocia Ariarathes V Eusebes Philopater 163 130 BC Silver Drachm
Kings of Cappadocia Ariarathes V Eusebes Philopater 163 130 BC Silver Drachm
$95.00
SYRIA Antiochos VI Dionysos 144 142 BC AR Drachm 17mm 395 gm
SYRIA Antiochos VI Dionysos 144 142 BC AR Drachm 17mm 395 gm
$400.00
49988 Zoilos II Baktria Drachm 45 35 BC Silver SNG ANS1672
49988 Zoilos II Baktria Drachm 45 35 BC Silver SNG ANS1672
$182.00
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R59
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R59
$5.99
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R57
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R57
$5.99
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R58
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R58
$5.99
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R60
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R60
$5.99
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R62
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R62
$5.99
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R63
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R63
$5.99
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R56
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R56
$5.99
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R55
ANCIENT INDIA WESTERN KSHATRAP SILVER KING POTRAIT DRACHM R55
$5.99
Illyria Apollonia AR Drachm Fire of Nymphaeums VERY RARE
Illyria Apollonia AR Drachm Fire of Nymphaeums VERY RARE
$450.00
GREECE MACEDON MACEDONIA ALEXANDER III THE GREAT DRACHM MAGNESIA COIN REPRO
GREECE MACEDON MACEDONIA ALEXANDER III THE GREAT DRACHM MAGNESIA COIN REPRO
$15.99
ANCIENT GREEK MOESIA ISTROS QUARTER DRACHM EAGLE DOLPHIN SILVER COIN VERY RARE
ANCIENT GREEK MOESIA ISTROS QUARTER DRACHM EAGLE DOLPHIN SILVER COIN VERY RARE
$135.00
HEPHTHALITES KABULISTAN ZABULISTAN AD 475560 576 SILVER DRACHM 319 GRAMS
HEPHTHALITES KABULISTAN ZABULISTAN AD 475560 576 SILVER DRACHM 319 GRAMS
$42.00
Alexander the Great Thrace AR Drachm Lysimachus Coin 305 281 BC NGC Choice VF
Alexander the Great Thrace AR Drachm Lysimachus Coin 305 281 BC NGC Choice VF
$230.30
Indo Sakas Western IINDIA RUDRASENA II silver DRACHM 255 278 AD Mahakshatrap
Indo Sakas Western IINDIA RUDRASENA II silver DRACHM 255 278 AD Mahakshatrap
$24.00
Indo Greek Empire Apollodotus II 80 65 BC Silver Drachm Choice Condition
Indo Greek Empire Apollodotus II 80 65 BC Silver Drachm Choice Condition
$95.00
INTERESTING Illyria Dyrrhachium Silver Drachm Cow Calf Ancient Greek Coin
INTERESTING Illyria Dyrrhachium Silver Drachm Cow Calf Ancient Greek Coin
$45.00
Thessaly Larissa 344 21BC silver Drachm ANACS VF25 BMC12 Irregular shape
Thessaly Larissa 344 21BC silver Drachm ANACS VF25 BMC12 Irregular shape
$275.00
Thrace Thasos 500 463BC silver Drachm ANACS VF30 Sear1358v Satyr Nymph
Thrace Thasos 500 463BC silver Drachm ANACS VF30 Sear1358v Satyr Nymph
$275.00
GREEK 188 84 BC Caria Island of Rhodes Choice VF Drachm B8050
GREEK 188 84 BC Caria Island of Rhodes Choice VF Drachm B8050
$295.00
ITALY Sicily Messana 450 430 BC Drachm NGC F B8062
ITALY Sicily Messana 450 430 BC Drachm NGC F B8062
$975.00
Parion Mysia Immitative tribal issue 5th century BC silver Drachm RARE
Parion Mysia Immitative tribal issue 5th century BC silver Drachm RARE
$65.00
ROMAN PROVINCIAL NERO SILVER DRACHM COIN CAESARIA CAPPADOCIA 59 60 AD  BMC 411
ROMAN PROVINCIAL NERO SILVER DRACHM COIN CAESARIA CAPPADOCIA 59 60 AD BMC 411
$172.61
silver drachm 95 63 before christ ariobarzanes 1 philaromaios bc
silver drachm 95 63 before christ ariobarzanes 1 philaromaios bc
$44.95
500 400 BC Ancient Greek Apollonia RARE Silver Drachm of Medusa Very Ancient
500 400 BC Ancient Greek Apollonia RARE Silver Drachm of Medusa Very Ancient
$168.98
Alexander The Great Abydos Ancient Greek Silver Drachm Griffin 414g NGC Ch VF
Alexander The Great Abydos Ancient Greek Silver Drachm Griffin 414g NGC Ch VF
$117.50
123 88 BC Parthian AR Drachm Mithradates II Arsaces Archer Silver Rhagae S 285
123 88 BC Parthian AR Drachm Mithradates II Arsaces Archer Silver Rhagae S 285
$100.00
Alexander The Great Lampsakos Ancient Greek Silver Drachm NGC VF 41g Pegasus
Alexander The Great Lampsakos Ancient Greek Silver Drachm NGC VF 41g Pegasus
$88.65
Ancient Greek AR Drachm w Alexander The Great Sardis Mint 337 323 BC in Mint
Ancient Greek AR Drachm w Alexander The Great Sardis Mint 337 323 BC in Mint
$374.99
PERSIA ARMENIAN SASANIAN EMPIRE KING KHOSRAU I 501 579 AD SILVER DRACHM type 2
PERSIA ARMENIAN SASANIAN EMPIRE KING KHOSRAU I 501 579 AD SILVER DRACHM type 2
$26.99
Cappadocia Ariarathes IX 10189 BC AG Drachm Young head Athena stg l S7297 EF
Cappadocia Ariarathes IX 10189 BC AG Drachm Young head Athena stg l S7297 EF
$229.99
NABATEAN Aretas IV + Shaquilat Jugate Busts 9 40 CE Silver Drachm
NABATEAN Aretas IV + Shaquilat Jugate Busts 9 40 CE Silver Drachm
$85.00
NABATEAN Rabbel II + Shaquilat 70 106 CE Silver Drachm
NABATEAN Rabbel II + Shaquilat 70 106 CE Silver Drachm
$85.00
NABATEAN Rabbel II + Gamilat 70 106 CE Silver Drachm
NABATEAN Rabbel II + Gamilat 70 106 CE Silver Drachm
$105.00
ALEXANDER the Great Macedon Herakles Zeus Torch Ancient Greek Silver Drachm Coin
ALEXANDER the Great Macedon Herakles Zeus Torch Ancient Greek Silver Drachm Coin
$199.00



List Of Recently Purchased Silver Drachm:


danube celts 2nd cent bc silver drachm 18mm head herackles rev zeus seated, alexander the great lifetime silver drachm struck lampsakos, akarnania federal coinage 250 200 bc silver drachm or hemistater rare, kings of cappadocia ariarathes v eusebes philopater 163 130 bc silver drachm, syria antiochos vi dionysos 144142 bc ar drachm 17mm 395 gm, 49988 zoilos ii baktria drachm 4535 bc silver sng ans1672, ancient india western kshatrap silver king potrait drachm r59, ancient india western kshatrap silver king potrait drachm r57, ancient india western kshatrap silver king potrait drachm r58, ancient india western kshatrap silver king potrait drachm r60, ancient india western kshatrap silver king potrait drachm r62, ancient india western kshatrap silver king potrait drachm r63, ancient india western kshatrap silver king potrait drachm r56, ancient india western kshatrap silver king potrait drachm r55, illyria apollonia ar drachm fire of nymphaeums very rare, greece macedon macedonia alexander iii the great drachm magnesia coin repro, ancient greek moesia istros quarter drachm eagle dolphin silver coin very rare, hephthalites kabulistan zabulistan ad 475560576 silver drachm 319 grams, alexander the great thrace ar drachm lysimachus coin 305281 bc ngc choice vf, indosakas western iindia rudrasena ii silver drachm 255278 ad mahakshatrap, indogreek empire apollodotus ii 8065 bc silver drachm choice condition, interesting illyria dyrrhachium silver drachm cow calf ancient greek coin, thessaly larissa 34421bc silver drachm anacs vf25 bmc12 irregular shape, thrace thasos 500463bc silver drachm anacs vf30 sear1358v satyrnymph, greek 18884 bc caria island of rhodes choice vf drachm b8050, italy sicily messana 450430 bc drachm ngc f b8062, parion mysiaimmitative tribal issue5th century bcsilver drachmrare, roman provincial nero silver drachm coin caesaria cappadocia 5960 ad bmc 411, silver drachm 9563 before christ ariobarzanes 1 philaromaios bc, 500400 bc ancient greek apollonia rare silver drachm of medusa very ancient , alexander the great abydos ancient greek silver drachm griffin 414g ngc ch vf, 12388 bc parthian ar drachm mithradates ii arsaces archer silver rhagae s285, alexander the great lampsakos ancient greek silver drachm ngc vf 41g pegasus, ancient greek ar drachm w alexander the great sardis mint 337323 bc in mint, persia armenian sasanian empire king khosrau i 501579 ad silver drachm type 2, cappadocia ariarathes ix 10189 bc ag drachm young head athena stg l s7297 ef, nabatean aretas iv shaquilat jugate busts 940 ce silver drachm, nabatean rabbel ii shaquilat 70106 ce silver drachm , nabatean rabbel ii gamilat 70106 ce silver drachm , alexander the great macedon herakles zeus torch ancient greek silver drachm coin, ancient india 34 century indo sassanian empire silver drachm rare coin, macedonian kingdom alexander iii 336323 bc posthumous ar drachm ngc ch au, 336323 bc alexander iii the great ancient greek silver drachm ngc xf, parthia empire; mithradates ii 12388 bc silver drachm sellwood 286 41g, indoskythians king azes silver ar drachm rare 200 g1511 mm grk154242, indoskythians king azes silver ar drachm rare 130 g1500 mm grk154642, lot of 5 owl coins athens tetradrachm amp; drachm silver amp; gold plated wisdom coin, silver drachm of alexander iii the great lifetime issue ngc ch xf 0004, asia minor turkey greece ionia drachm ephesos artemis forepart of stag coin, aphrodite ancient greek silver alexander iii the great drachm 336 323 bc, 500854 thessaly pharsalos drachm ef4045 silver bmc61, ngc silver parthian drachm king orodes ii arsaces i 1st century bc ch xf, ancient greek coin of alexander the great herakles zeus silver drachm lampsacus, alexander iii the great 336323 bc silver drachm 403grams macedonian kingdom , 125110 bc kings of bactria king stratos ar drachm silver a very nice coin, 414716 lucania drachm 280270 bc metapontion vf2025 silver sng, indoscythians azes i silver drachm axf 271 gram, sassanian empire khusro ii silver drachm xf 408 gram, 5th4th centuries bc thrace apollonia pontica gorgoneion ar drachm ngc ch vf, taras son of poseidon small drachm coin pendant amp; chain 81pendchain, taras son of poseidon horse and dolphins small drachm coin pendant 81pend, larissa nymph of thessaly coin pendant small drachm size 79pens, alexander the great and athena coin pendant drachm small size 78pends, ancient head of alexander drachm silver coin could be as early as 336bc 0135, cappadocian kingdom ariobarzanes 1st 9563 bc drachm 6665 bc choice, ancient greek macedonia philip iii 32321 bc ar drachm , moesia istros ca 4th century bc silver drachm coin, thessaly thessalian league ca 2nd1st centuries bc silver drachm coin, ancient apollonia pontika silver drachm 450 400 bc, illyria appollonia silver drachm 200 100 bc, parthia mithradates i 17138 ad ar drachm , volcae tectosages ancient celtic coin greek 100 bc silver drachm gallic celts, ancientindo sassaniankings portraitdrachmrarest silver coin1, ancientindo sassaniankings portraitdrachmrarest silver coin2, alexander the great iii ar drachm lysimachus coin 336 bc certified ngc vf, ancientindo sassaniankings portraitdrachmrarest silver coin3, ancientindo sassaniankings portraitdrachmrarest silver coin4, ancientindo sassaniankings portraitdrachmrarest silver coin5, alexander iii the great silver drachm set in 18k green gold pendant, ancient india indo sassanian empire 34 centuries silver drachm, indoskythians king azes silver ar drachm rare 170 g1425 mm grk154542, just in from austria nn 9217 auction thrace apollonia pontika silver drachm, indoskythians king azes silver ar drachm rare 180 g1620 mm grk155142, just in from austria nn 9217 auction istros 4th c bc 499 g silver drachm, ar drachm in the name of alexander iii the great lampsakos mint 323317 bc , ar drachm in the name of alexander iii the great chios mint 290275 bc nice, hadrian 131ad rare drachm of amisos in pontus silver roman coin athena i52663, arab sasanian ubayd allah b ziyad silver drachm bjraalbasra 60h ar 22gm, aet sasanians of persia khusrau ii ar drachm ef year 34, 24759 thrace istros drachm istros au5053 silver 547



Poplular Coins Recently Searched For:

1150-1300 paramara silver drachm. paramara silver drachm 1150-1300. paramara silver drachm malwa-india. paramarasilverdrachm. seleukos elephant coin drachm. silver drachm. silver drachm coin. silver Drachm of ALexander III The Great Colophon mint. silver drachm of azes. paramara silver drachm. orodes i silver drachm. indo-sasanian drachm imitation. Amazing NGC AU* Star Ancient Thessaly Larissa Horse Silver Drachm circa 420-400 B C. appraisal for a paramara silver drachm. azes drachm silver content. buy 1150-1300 ad paramara silver drachm. coin PARAMARA SLIVER DRACHM. dodeka drachm coins. framed greek parthian silver drachm 238 b. GREEK SILVER COIN AR Drachm LIIYRIA DYRRHACHIUM. tabaristan silver hemi drachm wiki.

Leave a comment

You must be logged in to post a comment.