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:

Genuine ancient Greek silver coin Dyrrhachium Illyria Drachm Cow Calf Dioscuri
Genuine ancient Greek silver coin Dyrrhachium Illyria Drachm Cow Calf Dioscuri
$95.00
350 364BB Silver Drachm Of Abdera Apollo And Griffin Ancient Greek Coin Monnaie
350 364BB Silver Drachm Of Abdera Apollo And Griffin Ancient Greek Coin Monnaie
$64.12
448 415BC Attica Athens Silver Drachm Athena Owl Ancient Greek Coin Monnaie Grec
448 415BC Attica Athens Silver Drachm Athena Owl Ancient Greek Coin Monnaie Grec
$24.54
32004 Illyria Apollonia Drachm Apollonia EF40 45 Silver 294
32004 Illyria Apollonia Drachm Apollonia EF40 45 Silver 294
$156.00
32015 Thrace Byzantion Drachm EF40 45 Silver 526
32015 Thrace Byzantion Drachm EF40 45 Silver 526
$286.00
Roman Empire Gorian III Rev Mt Argaeus AD 238 244 AR Drachm NGC graded VF
Roman Empire Gorian III Rev Mt Argaeus AD 238 244 AR Drachm NGC graded VF
$94.49
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
$116.75
400455 Parthia Kingdom of Phraates IV Drachm EF40 45 Silver 370
400455 Parthia Kingdom of Phraates IV Drachm EF40 45 Silver 370
$364.00
400452 Parthia Kingdom of Artaban III 80 Drachm AU50 53 Silver
400452 Parthia Kingdom of Artaban III 80 Drachm AU50 53 Silver
$169.00
400456 Parthia Kingdom of Phraates IV Drachm AU50 53 Silver 400
400456 Parthia Kingdom of Phraates IV Drachm AU50 53 Silver 400
$422.50
400453 Parthia Kingdom of Osroes II 190 Drachm AU50 53 Silver BMC
400453 Parthia Kingdom of Osroes II 190 Drachm AU50 53 Silver BMC
$156.00
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 1
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 1
$7.50
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 2
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 2
$7.53
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 3
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 3
$6.00
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 4
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 4
$6.50
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 5
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 5
$7.50
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 6
ANCIENT WESTERN KSHATRAPS KINGS PORTRAIT DRACHM RAREST SILVER COIN 6
$7.50
415676 Xusros II Drachm 630 AD AU50 53 Silver Gbl 210
415676 Xusros II Drachm 630 AD AU50 53 Silver Gbl 210
$89.70
415671 Xusros II Drachm 630 AD EF40 45 Silver
415671 Xusros II Drachm 630 AD EF40 45 Silver
$84.50
415675 Xusros II Drachm 630 AD EF40 45 Silver Gbl 211
415675 Xusros II Drachm 630 AD EF40 45 Silver Gbl 211
$79.30
415672 Xusros II Drachm 630 AD AU50 53 Silver
415672 Xusros II Drachm 630 AD AU50 53 Silver
$91.00
415674 Xusros II Drachm 630 AD EF40 45 Silver Gbl 214
415674 Xusros II Drachm 630 AD EF40 45 Silver Gbl 214
$83.20
31mm Silver Drachm of Zoroastrian Persian King Khusro II Classic Fire Altar
31mm Silver Drachm of Zoroastrian Persian King Khusro II Classic Fire Altar
$49.99
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 43
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 43
$6.50
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 44
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 44
$6.00
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN EXRARE
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN EXRARE
$20.99
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN EXRARE
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN EXRARE
$20.99
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 45
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 45
$9.50
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 46
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 46
$5.50
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 47
ANCIENT INDO SASSANIAN KINGS PORTRAIT DRACHM RAREST SILVER COIN 47
$8.38
H77 Ancient Greek silver coin  Parthian Kingdom unidentified AR drachm
H77 Ancient Greek silver coin Parthian Kingdom unidentified AR drachm
$49.00
GREECE KINGDOM MACEDON ALEXANDER THE GREAT SILVER DRACHM COIN VERY RARE
GREECE KINGDOM MACEDON ALEXANDER THE GREAT SILVER DRACHM COIN VERY RARE
$49.99
APHRODITE ANCIENT GREEK THESSALY SILVER LARISSA DRACHM CA 356 342 BC
APHRODITE ANCIENT GREEK THESSALY SILVER LARISSA DRACHM CA 356 342 BC
$595.00
Alexander III The Great Silver AR Drachm Hercules  Zeus Ionia Kolophon Rare
Alexander III The Great Silver AR Drachm Hercules Zeus Ionia Kolophon Rare
$225.04
Islands off Caria Rhodes Silver Drachm Helios Facing  Rose Stasion Scarce VF
Islands off Caria Rhodes Silver Drachm Helios Facing Rose Stasion Scarce VF
$447.88
Lucania Velia AR Drachm Nymph Delta  Owl Standing Left 465 440 BC Rare
Lucania Velia AR Drachm Nymph Delta Owl Standing Left 465 440 BC Rare
$109.60
KINGS of PARTHIA VOLOGASES III AD 105 147 SILVER DRACHM
KINGS of PARTHIA VOLOGASES III AD 105 147 SILVER DRACHM
$69.00
Alexander III the Great as Hercules Ancient Drachm Greek Coin Zeus
Alexander III the Great as Hercules Ancient Drachm Greek Coin Zeus
$59.00
PARTHIAN KINGDOM SILVER DRACHM COIN ORODES II 57 38 BC
PARTHIAN KINGDOM SILVER DRACHM COIN ORODES II 57 38 BC
$33.77
BEAUTIFUL ANCIENT GREEK SILVER DRACHM OF EUBOIA CHALKIS 338 308 BC EF+ RARE
BEAUTIFUL ANCIENT GREEK SILVER DRACHM OF EUBOIA CHALKIS 338 308 BC EF+ RARE
$49.36



List Of Recently Purchased Silver Drachm:


genuine ancient greek silver coin dyrrhachium illyria drachmcow calf dioscuri, 350364bb silver drachm of abdera apollo and griffin ancient greek coin monnaie, 448415bc attica athens silver drachm athena owl ancient greek coin monnaie grec, 32004 illyria apollonia drachm apollonia ef4045 silver 294, 32015 thrace byzantion drachm ef4045 silver 526, roman empire gorian iii rev mt argaeus ad 238244 ar drachm ngc graded vf, danube celts 2nd cent bc silver drachm 18mm head herackles rev zeus seated, 400455 parthia kingdom of phraates iv drachm ef4045 silver 370, 400452 parthia kingdom of artaban iii 80 drachm au5053 silver, 400456 parthia kingdom of phraates iv drachm au5053 silver 400, 400453 parthia kingdom of osroes ii 190 drachm au5053 silver bmc, ancientwestern kshatrapskings portraitdrachmrarest silver coin1, ancientwestern kshatrapskings portraitdrachmrarest silver coin2, ancientwestern kshatrapskings portraitdrachmrarest silver coin3, ancientwestern kshatrapskings portraitdrachmrarest silver coin4, ancientwestern kshatrapskings portraitdrachmrarest silver coin5, ancientwestern kshatrapskings portraitdrachmrarest silver coin6, 415676 xusros ii drachm 630 ad au5053 silver gbl 210, 415671 xusros ii drachm 630 ad ef4045 silver, 415675 xusros ii drachm 630 ad ef4045 silver gbl 211, 415672 xusros ii drachm 630 ad au5053 silver, 415674 xusros ii drachm 630 ad ef4045 silver gbl 214, 31mm silver drachm of zoroastrian persian king khusro ii classic fire altar, ancientindo sassaniankings portraitdrachmrarest silver coin43, ancientindo sassaniankings portraitdrachmrarest silver coin44, ancientindo sassaniankings portraitdrachmrarest silver coin exrare, ancientindo sassaniankings portraitdrachmrarest silver coin45, ancientindo sassaniankings portraitdrachmrarest silver coin46, ancientindo sassaniankings portraitdrachmrarest silver coin47, h77 ancient greek silver coin parthian kingdom unidentified ar drachm , greece kingdom macedon alexander the great silver drachm coin very rare, aphrodite ancient greek thessaly silver larissa drachm ca 356 342 bc, alexander iii the great silver ar drachm hercules amp; 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fire altar, 205190 bcislandscariarhodosrhodesar drachmainetoranacs vf30chipped, alexander the great abydus mint ancient greek silver drachm 403g ngc choice vf, 170130 bc caria mylasa ar drachm heliosbirdrose anacs vf35, thrace vf30 year 425 bc pontika w anchor drachm medussa silver greek coin, ancient greek drachm coin alexander the great amp; zues silver relic trade 328 bc , indoskythians king azes silver ar drachm rare 160 g1455 mm grk153942, 2rooks greece euboia euboian league nymph bull dolphin silver drachm coin gift, parthian kingdom orodes ii 5738 bc silver drachm shore 262 extra fine rare, beautiful ancient greek silver drachm coin from sinope 330 bc, ancient greek seleucid silver drachm coin of king antiochus vi dionysus 143 bc, forvm larissa thessaly silver drachm 440400 bc hero thessalos horse, forvm cappadocian kingdom ariarathes ix silver drachm 8887 bc vf, forvm apollonia pontika silver drachm facing head of medusa anchor crayfish, forvm amisos pontos silver drachm 300125 bc head of heratyche owl wings open, phriapatios parthian king drachm hekatompylos mint arsakes omphalos sellwood 81, paphlagonia sinope ar drachm 365300 sinope head eagle dolphin, indogreek coin menander i soter ar drachm circa 155130 bc silver 240gm 17mm, aphrodite ancient greek rhodos silver drachm, thessaly larissa silver hemidrachm circa 350 bc nymphhorse grazing, artabanos ii 1038ad silver drachm ef sellwood636v ancient parthia, alexander the great iii ar drachm coin 336 bc certified ngc choice xf ef, scarce greek syria seleucos i nikator 312380 bc seleucia silver drachm zeus , trajan 98ad rare drachm of lycia 2 lyres owl ancient silver roman coin i40553, 5th4th centuries bc thrace apollonia pontica ar drachm photo grade ngc vf, alexander iii the great silver drachm set in 18k green gold pendant, ancient greece 323317 macedon alexander great silver drachm zeus , illyria dyrrhachion silver drachm after 229 bc cow suckling calf, kyrenaica kyrene circa 500 480 bc ar drachm rare coin silphium fruit coin, ngc silver parthian drachm king orodes ii arsaces i 1st century bc ch xf, ngc silver drachm ariobarzanes i king of cappadocia 1st century bc grade vf, 336323 bce kings of macedon alexander the great silver drachm, indo greek skythian azes zeus azes on horseback ar drachm 585 bc bilingual



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