Monthly Archives: October 2022

Many ancient coin investors do not know very much about the Greco-Bactrian Kingdom founded in 256 BC. Who knew this Persian area was once a Hellenistic-era Greek state? Surprisingly, known as the "land of a thousand golden cities". In fact, the capital Bactra was one of the largest and richest cities of the ancient world.

This ancient kingdom covered what is today Afghanistan, Uzbekistan, Tajikistan, and Turkmenistan. It also covered parts of Iran and Pakistan. It is fair to say it covered most of the Indian subcontinent. Bactria covered the easternmost part of Alexander The Great's conquered territory.

General Seleucus, I took over

When talking about groups of people in ancient times some people wonder "who were the Thracians?" It is curious that many don't know much about them even though they were an Indo-European people who dominated a large area of Eastern Europe. They inhabited what today is modern day Bulgaria, Turkey and Greece. In fact, they occupied this area for much of antiquity.

We can find some of the earliest literary references of the Thracians from the Iliad. The epic poem of Homer referenced the Trojan War and King Rhesus who was a local Thracian ruler. The problem about Thracians is that they were divided between multiple tribes. They all had their own tribal identity and basically did things differently. Interestingly, The Thracians did not describe themselves by name. The term Thrace and Thracians were names given to them by the Greeks.

If you’re new to the rare coin industry, you may have a few questions about rare coins and their values. At Austin Rare Coins, we’re here to help collectors, buyers, and sellers alike. 4 common questions about rare coins we often are approached with that provide valuable insight into collecting rare coins are listed below.

What Are Rare Coin Values?

This question doesn’t always have a set answer, unfortunately. While certain coins are well-known to be valuable, such as Buffalo Nickels, many coins fluctuate in value. If you think you have a very rare and valuable coin, reach out to our team today. However, even though we do buy Modern Bullion Gold, Silver, Platinum & Palladium as well as rare U.S. & Ancient Coins, there is a $5,000 minimum. If you feel you are within our minimum parameters, call