Monthly Archives: March 2023

  1. Gela, the Center of Commerce

    Gela, the Center of Commerce

    Located on the southern coast of Sicily, Gela was once one of the most important and powerful Greek colonies. Gela, the center of commerce in the ancient world, was established in the 8th century BC. Additionally, Gela was founded by settlers from Rhodes and Crete. Firstly, it quickly became a center of commerce, trade, and culture because of its strategic location. Secondly, Gela's fertile land and access to the sea made it an ideal location for the establishment of a thriving city.

    Gela was also known for its impressive architecture, including its acropolis, temples, and public buildings. The city's most famous landmark was the Temple of Athena. In fact, it was considered one of the most beautiful temples in the ancient world. Gela's acropolis was also an impressive feat of engineering, consisting of massive walls and

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  2. Philip II's Standardized Coinage System

    Philip II's Standardized Coinage System - Gold Stater

    In the early 4th century BC Philip II's standardized coinage system of Macedon was established throughout his kingdom. His coins quickly became one of the most coveted coins in the ancient world. One of Philip II's most notable achievements is his standardized coinage system. Additionally, he was also known as a skilled strategist and military leader. Furthermore, through a series of successful military campaigns, Philip II expanded Macedonian territory.

    The Philip II Gold Stater was a symbol of wealth and power. In short, it was a testament to the artistry and precision crafted by skilled Greek minters. The coin's weight and measurements ensured its value. Meanwhile, It made it useful for everyday purchases and large-scale military expenses.

    Portrait of Alexander himself

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  3. Ancient Versus Modern Collectible Coins

    Ancient Versus Modern Collectible Coins

    For many coin collectors, ancient versus modern collectible coins can be disconcerting. The truth is both coin types have a fascinating insight into the history of currency. When looking at collectible coins, the rarest coins are a perfect addition to any collection. In addition, it is captivating to know the history behind a rare coin as well as its true worth.

    Here at Austin Rare Coins & Bullion, we understand the value of rare and ancient coins from different eras and countries. Let us know if you have concerns regarding the coins you already own. Just reach out to us. On the other hand, we can give help you find other rare ancient coins that fit your budget.

    Ancient Collectable Coins

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  4. Examining Various Rare Coins

    Starting to collect coins can be challenging when examining various rare coins. Whether you're interested in collecting a specific type of coin or not, you can explore a few different options. However, it's advisable to seek advice from a reputable dealer who specializes in all types of rare coins, such as Austin Rare Coins and Bullions.

    Types Of Metals

    Minters can use various types of metals to produce coins depending

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  5. Coin Grading Collectible Coins

    Coin Grading Collectible Coins

    Learning about coin grading collectible coins can be challenging when getting started. At Austin Rare Coins and Bullion, we have a wealth of coin-collecting resources. If you want to learn more about coin grading collectible coins from a reputable dealer, call us today to get started. Below, we have provided a basic understanding of the coin grading process to help you evaluate a coin's quality and grade.

    The Sheldon Coin Grading Scale

    The Sheldon Grading Scale is the most widely used system for evaluating the condition of a coin. Developed by Dr. William Sheldon in the late 1940s, this scale ranges from 1 to 70. To clarify,

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  6. 1895 King of Morgan Dollars

    1895 King of Morgan Dollars

    Once upon a time, in the year 1895, a special coin was created - the 1895 King of Morgan Dollars. It wasn't an ordinary coin, but a rare one that only a few lucky collectors possessed.

    The 1895 King of Morgan Dollars was minted in San Francisco, and it had a low mintage of just 12,000 coins. However, only around 800 are known to exist today, making it a must-have for any Morgan Dollar collection.

    That's why people are finding it hard to find, and when they do, they're willing to pay top dollar for it. In fact, a recent sale of an MS 63 condition King of Morgan Dollars fetched over $75,000!

    But why is it called the King of Morgan Dollars? Well, that's because it's the

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  7. Strategies and Advice for the Novice Collector

    Strategies and Advice for the Novice Collector

    Want to get into coin collecting? It can be a gratifying and educational experience that could ultimately make you some money. Coin collecting is not as easy as it seems, however, and it can take years to become a skilled rare coin collector. However, we here at Austin Rare Coins and Bullion want to help you with strategies and advice for the novice collector.  We do it by advising you and helping you each step of the way on how to get started. 

    Be Patient

    In a world of immediate gratification, it can be easy for someone to stop coin collecting just as fast as they start. This is due to how long it can take to

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  8. How To Care For Rare Coins

    How To Care For Rare Coins

    People of various ages and backgrounds enjoy the pastime of coin collecting. To protect and preserve your rare collection is equally important to know how to care for rare coins. For some, it is a way to connect with history and an opportunity to build up a valuable collection of coins that they can pass down to future generations. For others, is here to help folks make a profit by buying and selling coins.

    Storage Is Crucial 

    The first step to caring for rare coins is to store them properly. It is important to keep rare coins away from direct sunlight and extreme temperatures, as these can cause damage to the metal. Coins should also be stored away

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  9. Most Valuable Rare Coins

    1794 Flowing Hair Silver Dollar

    Collecting rare coins can be a fun and exciting pastime, but for some, it is a way of making a profit. Collecting rare coins is an investment, and it is important to know what coins are the most valuable so you can make the best investment possible. Therefore, Austin Rare Coins can assist you with purchasing or selling valuable coins. 

    Top Dollar - Silver Dollar 

    One of the most valuable rare coins is the 1794 Flowing Hair Silver Dollar. This is one of the oldest coins in the United States and is one of the most sought-after coins. This coin was issued by the first United States mint and is estimated to be worth between $3 million and $10 million. 

    Only Two Double Eagles

    Another

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  10. Carson City Morgan Silver Dollar

    Carson City Morgan Silver Dollar

    Silver was found in the mountains near Carson City, Nevada, in the late 1800s. Hence, the Carson City Mint was established as a result. The mint produced a range of coins, but none became as famous as the Carson City Morgan Silver Dollar. Designed by George T. Morgan, the coins feature Lady Liberty on the obverse and a majestic eagle on the reverse.

    From 1878 through 1893, the Carson City Mint manufactured Morgan Silver Dollars. They were, however, a fairly small mint. Therefore, the number of Carson City Morgan Silver Dollars minted was significantly lower than other mints producing the same coin. Because of this, the Carson City Morgan Silver Dollar has emerged as one of the most sought-after coins. This is in all the history of American numismatics.

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