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:

NABATEAN Aretas IV + Shaquilat Jugate Busts 9 40 CE Silver Drachm
NABATEAN Aretas IV + Shaquilat Jugate Busts 9 40 CE Silver Drachm
$85.00
Authentic Greek Silver Drachm of Lysimachus King of Macedonia NGC Ch XF 8002
Authentic Greek Silver Drachm of Lysimachus King of Macedonia NGC Ch XF 8002
$349.99
Authentic Greek Silver Drachm of Alexander III the Great NGC XF 8003
Authentic Greek Silver Drachm of Alexander III the Great NGC XF 8003
$299.99
Authentic Greek Silver Drachm from Thessaly Larissa NGC Ch F 9001
Authentic Greek Silver Drachm from Thessaly Larissa NGC Ch F 9001
$106.01
Certified Silver Drachm from the Thiessalian League 2nd Century BC NGC VF 2007
Certified Silver Drachm from the Thiessalian League 2nd Century BC NGC VF 2007
$82.00
ZURQIEH aa8635 PHILISTO ARABIAN SILVER DRACHM IMITATING ATHENS
ZURQIEH aa8635 PHILISTO ARABIAN SILVER DRACHM IMITATING ATHENS
$100.00
Boeotia Federal Drachm NGC Ch XF 4 4 ancient silver coin Poseidon
Boeotia Federal Drachm NGC Ch XF 4 4 ancient silver coin Poseidon
$295.00
ANCIENT WESTERN KSHATRAPS KING NAHAPANAS PIC DRACHM BEAUTIFUL SILVER COIN 36
ANCIENT WESTERN KSHATRAPS KING NAHAPANAS PIC DRACHM BEAUTIFUL SILVER COIN 36
$5.54
INDO GREEK KING APOLIODOTUS IIS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 37
INDO GREEK KING APOLIODOTUS IIS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 37
$9.51
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 38
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 38
$12.00
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 39
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 39
$1.25
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 40
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 40
$1.00
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 41
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 41
$1.00
INDO SKYTHIANS King AZES SILVER AR Drachm RARE 200 g 1511 mm GRK154242
INDO SKYTHIANS King AZES SILVER AR Drachm RARE 200 g 1511 mm GRK154242
$34.20
ZURQIEH aa8651 NABATAEAN KINGDOM ARETAS IV  QUEEN SHAQUELAT SILVER DRACHM
ZURQIEH aa8651 NABATAEAN KINGDOM ARETAS IV QUEEN SHAQUELAT SILVER DRACHM
$75.00
ZURQIEH aa8654 NABATAEAN KINGDOM RABBEL II  GAMILAT SILVER DRACHM
ZURQIEH aa8654 NABATAEAN KINGDOM RABBEL II GAMILAT SILVER DRACHM
$89.00
ZURQIEH aa8676 decapolis bostra trajan silver drachm
ZURQIEH aa8676 decapolis bostra trajan silver drachm
$80.00
ZURQIEH aa8684 decapolis bostra trajan silver drachm
ZURQIEH aa8684 decapolis bostra trajan silver drachm
$39.00
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 56
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 56
$1.00
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 57
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 57
$1.25
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 58
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 58
$1.00
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 59
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST BEAUTIFUL SILVER COIN 59
$1.25
ZURQIEH aa8692 decapolis bostra trajan silver drachm
ZURQIEH aa8692 decapolis bostra trajan silver drachm
$55.00
ZURQIEH aa8700 decapolis bostra trajan silver drachm
ZURQIEH aa8700 decapolis bostra trajan silver drachm
$36.00
INDO SKYTHIANS King AZES SILVER AR Drachm RARE 130 g 1500 mm GRK154642
INDO SKYTHIANS King AZES SILVER AR Drachm RARE 130 g 1500 mm GRK154642
$33.60
ALEXANDER III AR DRACHM 443gm 176mm HIGH GRADE FREE SHIPPING
ALEXANDER III AR DRACHM 443gm 176mm HIGH GRADE FREE SHIPPING
$49.00
Authentic Greek Silver Drachm of Alexander III the Great NGC Ch AU 0005
Authentic Greek Silver Drachm of Alexander III the Great NGC Ch AU 0005
$599.99
LYCIA Phaselis 84 77 BC AR Drachm 247 g NGC Choice XF 4 5 4 5
LYCIA Phaselis 84 77 BC AR Drachm 247 g NGC Choice XF 4 5 4 5
$135.00
CAPPADOCIAN KINGDOM Ariobarzanes I 96 63 BC AR drachm 418 gm NGC AU 4 5 4 5
CAPPADOCIAN KINGDOM Ariobarzanes I 96 63 BC AR drachm 418 gm NGC AU 4 5 4 5
$225.00
APHRODITE ANCIENT GREEK SILVER ALEXANDER III THE GREAT DRACHM 336 323 BC
APHRODITE ANCIENT GREEK SILVER ALEXANDER III THE GREAT DRACHM 336 323 BC
$303.75
ANCIENT INDO SASSANIAN KING PORTRAIT DRACHM RAREST SILVER COIN EX RARE
ANCIENT INDO SASSANIAN KING PORTRAIT DRACHM RAREST SILVER COIN EX RARE
$20.99
500854 Thessaly Pharsalos Drachm EF40 45 Silver BMC61
500854 Thessaly Pharsalos Drachm EF40 45 Silver BMC61
$1,300.00
INDIA CHALUKYAS SILVER DRACHM IIth Century AD Ancient Coin
INDIA CHALUKYAS SILVER DRACHM IIth Century AD Ancient Coin
$7.50
Alexander III The Great 336 323 BC Silver Drachm 403grams Macedonian Kingdom
Alexander III The Great 336 323 BC Silver Drachm 403grams Macedonian Kingdom
$175.00
Macedon Ar Drachm 323 317 BC XF Fine Style NGC
Macedon Ar Drachm 323 317 BC XF Fine Style NGC
$195.00
Macedon Ar Drachm 336 323 BC XF NGC
Macedon Ar Drachm 336 323 BC XF NGC
$195.00
NGC Silver Parthian Drachm King ORODES II Arsaces I 1st Century BC Ch XF
NGC Silver Parthian Drachm King ORODES II Arsaces I 1st Century BC Ch XF
$151.14
ANCIENT INDIA GUPTA EMPIRE  SILVER DRACHM 415 455 AD SLAB S62  KUMARAGUPTA I
ANCIENT INDIA GUPTA EMPIRE SILVER DRACHM 415 455 AD SLAB S62 KUMARAGUPTA I
$39.00
APHRODITE ANCIENT GREEK SILVER ALEXANDER III THE GREAT DRACHM 336 323 BC
APHRODITE ANCIENT GREEK SILVER ALEXANDER III THE GREAT DRACHM 336 323 BC
$243.00
APHRODITE ANCIENT GREEK SILVER ALEXANDER III THE GREAT DRACHM 336 323 BC
APHRODITE ANCIENT GREEK SILVER ALEXANDER III THE GREAT DRACHM 336 323 BC
$162.00



List Of Recently Purchased Silver Drachm:


nabatean aretas iv shaquilat jugate busts 940 ce silver drachm, authentic greek silver drachm of lysimachus king of macedonia ngc ch xf 8002, authentic greek silver drachm of alexander iii the great ngc xf 8003, authentic greek silver drachm from thessaly larissa ngc ch f 9001, certified silver drachm from the thiessalian league 2nd century bc ngc vf 2007, zurqieh aa8635 philistoarabian silver drachm imitating athens , boeotia federal drachm ngc ch xf 44 ancient silver coin poseidon, ancientwestern kshatrapsking nahapanas picdrachmbeautiful silver coin36, indo greekking apoliodotus iis portraitdrachmrarest beautiful silver coin37, ancientindo sassaniankings portraitdrachmrarest beautiful silver coin38, ancientindo sassaniankings portraitdrachmrarest beautiful silver coin39, ancientindo sassaniankings portraitdrachmrarest beautiful silver coin40, ancientindo sassaniankings portraitdrachmrarest beautiful silver coin41, indoskythians king azes silver ar drachm rare 200 g1511 mm grk154242, zurqieh aa8651 nabataean kingdom aretas iv amp; queen shaquelat silver drachm , zurqieh aa8654 nabataean kingdom rabbel ii amp; gamilat silver drachm , zurqieh aa8676 decapolis bostra trajan silver drachm , zurqieh aa8684 decapolis bostra trajan silver drachm , ancientwestern kshatrapskings portraitdrachmrarest beautiful silver coin56, ancientwestern kshatrapskings portraitdrachmrarest beautiful silver coin57, ancientwestern kshatrapskings portraitdrachmrarest beautiful silver coin58, ancientwestern kshatrapskings portraitdrachmrarest beautiful silver coin59, zurqieh aa8692 decapolis bostra trajan silver drachm , zurqieh aa8700 decapolis bostra trajan silver drachm , indoskythians king azes silver ar drachm rare 130 g1500 mm grk154642, alexander iii ar drachm 443gm 176mm high grade free shipping, authentic greek silver drachm of alexander iii the great ngc ch au 0005, lycia phaselis 8477 bc ar drachm 247 g ngc choice xf 45 45, cappadocian kingdom ariobarzanes i 9663 bc ar drachm 418 gm ngc au 45 45, aphrodite ancient greek silver alexander iii the great drachm 336 323 bc, ancient indo sassanian king portrait drachm rarest silvercoin exrare, 500854 thessaly pharsalos drachm ef4045 silver bmc61, india chalukyas silver drachm iith century ad ancient coin , alexander iii the great 336323 bc silver drachm 403grams macedonian kingdom , macedon ar drachm 323317 bc xf fine style ngc, macedon ar drachm 336323 bc xf ngc, ngc silver parthian drachm king orodes ii arsaces i 1st century bc ch xf, ancient india gupta empire silver drachm 415455 ad slab s62 kumaraguptai, 414716 lucania drachm 280270 bc metapontion vf2025 silver sng, parthian kingdom vologases iv ancient greek silver drachm 147191ad, 5th4th centuries bc thrace apollonia pontica gorgoneion ar drachm ngc ch vf, trajan 98ad rare drachm of lycia 2 lyres owl ancient silver roman coin, thrace chersonesos 386 bc lion star a ancient greek silver coin xf drachm, m2610 apollonia pontika ar drachm late 5th4th centuries bc, 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, collectible greek coin dyrrhachion illiria ar drachm circa 200 30 bc, moesia istros ca 4th century bc silver drachm coin, thessaly thessalian league ca 2nd1st centuries bc silver drachm coin, 040 greek silver coin alexander iii ar drachm herakles zeus avf, 041 greek silver coin thrace ar drachm gorgon anchor vf, greece macedonia 336323 bc alexander silver drachm, kingdom of persis artaxerxes ii silver drachm large flan, alexander the great king macedon herakles ancient greek silver coin drachm axf, alexander the great macedon herakles zeus ancient greek silver coin drachm p1538, illyria apollonia cow suckling calf ancient greek silver drachm coin vf, alexander the great thrace ar drachm lysimachus coin 305281 bc ngc vf 40694, alexander the great thrace ar drachm lysimachus coin 305281 bc ngc f 40698, alexander the great thrace ar drachm lysimachus coin 305281 bc ngc vf 40693, parthia mithradates i 17138 ad ar drachm , alexander the great iii ar drachm lysimachus coin 336 bc certified ngc vf, apollonia pontika thrace 450 404 bc silver drachm, indoskythians king azes silver ar drachm rare 170 g1425 mm grk154542, alexander iii the great ancient silver coin 336323 bc ngcvf ar drachm, kingdom of macedon alexander iii drachm ngc au 54 ancient silver coin, indoskythians king azes silver ar drachm rare 180 g1620 mm grk155142, hadrian 131ad rare drachm of amisos in pontus silver roman coin athena i52663, indoscythians azes i silver drachm axf 271 gram, sassanian empire khusro ii silver drachm xf 408 gram, aet sasanians of persia khusrau ii ar drachm ef year 34, 508135 seleukid kingdom demetrios i soter drachm antioch au5558, 24759 thrace istros drachm istros au5053 silver 547, 49980 antimachos ii baktria drachm 160155 bc silver, 49983 menander baktria drachm 160145 bc silver sear7604, 49987 apollodotos ii baktria drachm 180160 bc silver sear7672, 49981 menander baktria drachm 160145 bc silver sear7604, artabanos ii; parthian kingdom; silver drachm, emperor trajan rare silver drachm of lycia 2 lyres 9899 ad, alexander the great lampsakos ancient greek silver drachm ngc ch au 45 , island off thrace thasos 411350bc silver drachm anacs vf30 like bmc41, thrace kallatis 3rd2nd c bc silver drachm anacs vf20 bold well stuck, uncertain mint alexander the great silver drachm 336322 bc , 336323 bc greek macedonia alexander iii the great silver drachm, 240270 ad sassanian empire shapur i silver drachm, 105147 ad parthia silver drachm vologases iii, pcwg6146corinthia corinth circa 350300 bc silver drachm, new price illyria dyrrhachium silver drachm cow calf ancient greek coin, forvm kingdom of thrace lysimachos silver drachm herakles zeus atophoros, danubian celts silver drachm ii, lot 12 bactria eucratides i 415 grams silver drachm drachma 171145 bce cull, lot 14 bactria eucratides i 35 grams silver drachm drachma 171145 bce porous, lot 16 bactria eucratides i 364 grams silver drachm drachma 171145 bce cull , black sea apollonia pontika silver drachm coin gorgonion anchor , ancient greek thessaly larissa horse silver drachm in 14kt gold pendant 350 bc, apollonia silver drachm of medusa coin with presentation boxcoa



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.