Gold Cobs are The Original Doubloons

Spanish Colonial gold coins salvaged from the 1715 Fleet off the east coast of Florida are called Gold Cobs. Gold Cobs are the original Doubloons. Therefore, the Doubloon is a solid gold coin. Even though the Spanish called their gold coins Escudos, Doubloon became the nickname for a two Escudo coin. In addition, the word Doubloon is actually taken from pirates calling these two Escudos “double-one,” which turned into “Doubloon.”

As commerce increased between North America and South America so did the need for coins. Spanish Gold Cobs were minted from the early 1600s to the early 1800s. They were minted in Bolivia, Chile, Columbia, Guatemala, Mexico, and Peru and were circulated as far north as Canada. Pirates sought after these Gold Cobs. Because, Gold Cobs are The Original Doubloons. In fact, they would attack and sink Spanish Colony ships just to get their gold. As a result, coins circulating freely during the colonial period of the New World, became easy targets.

1718 Peruvian 8 Escudo

Check out this absolutely remarkable gold coin in the video below. It’s a Peruvian gold 8 Escudo that was struck in Lima Peru in 1718. Additionally, it is one of only 4 coins like this certified by NGC in all grades combined. Above all, it is the finest known and certified in Mint State. This coin contains just about an ounce of pure Spanish gold.

The obverse shows the pillars of Hercules with ocean waves below it and a tick-tac-toe imagery of letters and numbers signifying when and where the coins was made. This 1718 Peruvian 8 Escudo has a Jerusalem Cross on the reverse with castles and lions in the four corners. Coins like this are extremely desirable for collectors and investors. This is one of the finest we have ever seen.

If you are interested in finding out more about this coins and others like it check out this page or call and talk to a Rare Coins Advisor at Austin Rare Coins at 1-800-928-6468.

Roman Emperor Trajan Decius

Gaius Messius Quintus Trajanus Decius, commonly referred to as Trajan Decius, ruled Ancient Rome from 249 to 251 AD. Roman Emperor Trajan Decius wanted to restore Rome to its former glory and ancient traditions. Therefore, he decreed the Decius’ edict. This was a proclamation for Empire-wide loyalty. The Decius’ edict meant that all Roman citizens needed to make a sacrifice to Rome’s gods or face torture, execution and seizure of assets. 

Moreover, Christian belief would not allow for them to worship any other god. As a result, Emperor Trajan Decius cracked down harshly on those he believed were undermining the ancient traditions of Rome. Consequently, they were persecuted and tortured. Even Pope Fabian was killed! By the end of Decius’ second year as Emperor, he resorted back to earlier tradition of tolerance.

The Downfall of Emperor Decius

A barbarian invasion forced Roman Emperor Trajan Decius to shift his attention away from domestic affairs. Decius needed a decisive battle win to score points with the Roman citizens. He riled his troops together and headed for Rome’s border. A battle ensued, and at first Decius seemed to have his win. He caused the Goths to flee into the marshes of Abrittus. However, it was a ruse that led him and his troops straight into an ambush. Roman Emperor Trajan Decius, and about half of his army, perished in the debacle. Instead of glorious victory, it was the first time a Roman emperor fell to a foreign enemy.

The catastrophic defeat at Abrittus accelerated the Roman Empire’s slide into anarchy. Christians claimed it was God’s revenge on their Roman persecutors.

Below – Gold Aureus coin issued during Decius’ reign. Find beautiful Roman coins like this one and many more at Austin Rare Coins. All coins offered by Austin Rare Coins are certified and graded by NGC Ancients.

Three-Dollar Gold Piece

The rarest pre-1933 US gold coin is the Three-Dollar gold piece. To clarify, only 539,792 of them were produced according to the US Mint. The reason there were so few made is because the Three-Dollar gold coins were very unpopular. Basically, the public rejected them when they were introduced in 1854. Therefore, only small mintages of these coins were produced from 1854 to 1889. Similarly, They ended production after just 35 years. This total of just over half a million coins were produced at the US Mint facilities in Philadelphia, New Orleans, San Francisco and Dahlonega combined.

Many of these 3 Dollar coins have been destroyed or lost throughout the years. Trying to find them at any condition can be difficult as very few are in existence today. Take the coin in the video below for example. This $3 princess was struck in New Orleans in 1854. No other $3 coins were issued with the O Mint mark. These coins are definitely rare and desirable in any condition. Only a total of 24,000 of them were struck and only around 1,500 of them have been certified in all grades combined!

3 Dollar Gold Piece Design

The Three-Dollar gold piece was designed by James B. Longacre, and for the first time he had been allowed to choose his own design. In the past, James had always been directed as to what design to use. Longacre decided to create something truly American. He wanted to represent America with a female Native American, or Indian princess, dating back to the 16th century. For example, the image of the Indian princess survived in the popular view of figures such as Pocahontas and Sacagawea. In addition, the US Mint issued the Sacagawea Golden Dollar from 2000 to 2008.

On the reverse of the Three-Dollar gold piece you’ll find a wreath comprised of tobacco, wheat, corn, and cotton. In addition, it encircles the date and the words 3 Dollars. You can find out how to purchase 3 Dollar coins for your own collection at Austin Rare Coins & Bullion!

The command to have Jesus Christ crucified

Pontius Pilate was Governor of Judea from 26-36 AD under the Roman emperor Tiberius. He is one of the most infamous men in history because he gave the command to have Jesus Christ crucified.

The New Testament describes Pontius Pilate as a wavering judge. It says that Pilate initially exonerated Jesus before bending to the will of the crowd, and condemning him to death. But non-Biblical sources paint a much darker picture of the Governor of Judea. His reign was corrupt and full of bribery. Although this was typical behavior for a Roman Ruler, Pilate was more ruthless than others as he also willfully defied the Jewish people’s traditions.

Pontius Pilate Bronze Prutah

Gov Judaea Pontis Pilate | Prutah Coin

The bronze coins (or ‘prutah’) was issued by Pontius Pilate between 26 – 36 AD. These coins are of especial interest to Christians and Jews. This is because of Pilate’s connection with Jesus Christ and his involvement in Jewish history. These coins were traded during the lifetime of Jesus. In fact, they were often used and traded every day!

This bronze prutah was minted between 29 and 31 AD. A prutah coin was of very low value and was mainly used in the poor province of Judea. For example, at the time of Jesus it took 24 prutah just to buy a loaf of bread. They were produced by the Mint of Jerusalem. The flans (on which ancient coins were struck) were cast in strips and then carelessly hand struck with even cruder dies. Similarly, little attention was paid to the quality of the prutah. Most are far off-center, flatly struck, or nearly unidentifiable.

On the Obverse you’ll see a lituus, which was the wand of an augur. The wand was used to interpret natural phenomenon such as lightning flashes, the flight of birds, etc. On the Reverse there is a simpulum, more commonly known as a ladle. These ladles were used to make libations during sacrifices and was a common symbol of the Roman priesthood. These symbols offended Jewish religious sensibilities. Being placed on coinage that they would have to handle on a daily basis was just adding insult to injury.

Prutah still has dirt from the Holy Land

The command to have Jesus Christ crucified was as historical as it was horrific. The coins that we have were found in and around Jerusalem and have not been cleaned for a reason. Each coin is uniquely toned. As a matter of fact, each Prutah still has dirt from the Holy Land adhering to its surfaces. They can be cleaned to exhibit more detail. However, we chose to leave them in their original “as found” state for the sake of history.

NGC, the top grading authority in the marketplace, has graded each of our Ancient Coin Picks. If you can’t find what you’re looking for, we are more than happy to assist you with your ancient coin needs!

Alexander the Great’s Influence

Alexander the Great’s Influence on the ancient world stretched across a vast area. His influence extended from Greece and Asia Minor, to Persia, Egypt, and all the way to the border of India. Alexander was known as one of the most successful military commanders of the ancient world.

It is amazing that Alexander had accomplished so much success at such a young age. At the age of 16, Alexander led his first troops into combat. Before his death at the age of 32, he had forged a great empire.

Alexander’s reign lasted from 336 BC to 323 BC. His connection and influence over the ancient world would last for years and years to come. Subsequently, Alexander’s generals continued his legacy.

Coinage Influenced by Alexander

Gold coins struck by Alexander are called Gold Staters and silver coins are called Silver Tetradrachms. They were very well-known coins of the ancient world. In fact, they are still extremely popular today. Alexander also issued a small amount of the impressive Distaters, or Double Staters, that were thought to be used as payment to his most trusted soldiers.

Owning one of these coins today is like holding history in your hands. For instance, you can purchase Alexander the Great Coins at Austin Rare Coins & Bullion to start your collection. They have quite an array of certified and authenticated NGC Ancients, the top ancient coin grading corporation in the business. 

Austin Rare Coins & Bullion actually specializes in certified high-end Alexander the Great Ancient Coinage. By dealing with one of our Ancient Coin Advisor who can help you:

  • Understand Ancient Coin Grading
  • Learn the truth about Long-Term Increased Value
  • Perceive the Ancient Coin Timeline

You can learn more about Alexander the Great Coins by following this link. Secondly, you can learn all about some of the oldest, most beautiful, and unique ancient gold and silver coins in history. Most importantly, you can gain a wealth of knowledge by requesting the 8-page Ancient coin report. Alexander the Great’s Influence has lasted thousands of years. However, many people do not truly know the whole story. Let the 8-page report help you! It is loaded with history, pictures, and descriptions to give you a solid foundation of how to go about collecting ancient coinage.

Coin Collecting Can Be Profitable

Coin collecting is not only a rewarding and enjoyable hobby, but if done properly, coin collecting can also be profitable. In this report and the video below, we will share some of the most important things to keep in mind when coin collecting. This is in order to maximize the rewards of assembling a profitable collection, regardless of your budget.

  • The first thing is to make sure that you’re collecting an area with a solid base of other collectors. You can have the rarest coin in the world, but if nobody else wants it, then it’s unlikely to see much appreciation.
  • Make sure you own coins that are attractive. To clarify, a great looking coins will always catch the eye of a potential buyer.
  • Make sure you acquire and own coins that have been professionally graded. This should be done by a third party grading service like NGC or PCGS—the tops in the business.
  • Try to focus on key dates. Do not try to collect the most common dates for a particular issue. These key dates, or “Stoppers” in a series tend to be harder to find. These are the coins other collectors will need to complete their sets.
  • Most importantly, work with someone you can trust to give you fair prices and solid advice. It helps to work with the same dealer you started with, especially if you want to trade up or if you sell a few of your coins. Remember, if you overpay for something, you are at a disadvantage. It may take a while to recoup the original investment. Above all, coin collecting can be profitable if you collect the right coins!

Coin Collecting is FUN!

Remember, coin collecting isn’t just about profits—Coin Collecting is FUN! Historically significant areas of collecting allows you to own items that have been around for hundreds or thousands of years. You can literally hold history in your hands.

With that said, a collection put together over time with attractive and desirable coins can appreciate over time. Try to invest in coins at reasonable prices and allow for time for it to appreciate. Certain areas of the coin market have proven to be a profitable venture for many of our clients. If you have questions or need to be pointed in the right direction, give Austin Rare Coins a call! Let our decades of experience help you put together your own impressive collection.

Liberty $10 Gold Piece Worth

The Liberty $10 gold piece’s worth is a lot higher than just its face value. The rare coin market has been expanding in the past few years and the price of gold has been going up. The values of those holding onto Liberty $10 gold coins have also gone up. Today, a coin, even if it isn’t a very rare one, can easily be worth a minimum of $821! Importantly, these coins are always popular, well loved, and in demand.

However, if the Liberty $10 Gold Piece is a rarer coin, it can be worth much more. In our opinion, Pre-Civil War New Orleans Mint Eagles are undervalued in the current marketplace. Each coin contains just under a half-ounce of gold. They are fundamentally rare and beautiful pieces of US history and money.

Liberty $10 Gold Piece Design

Gracing the obverse of this stunning coin you’ll find a neoclassical rendition of Lady Liberty. Designed by Christian Gobrecth, Lady Liberty is depicted in profile. She is wearing a crown with the inscription “Liberty,” and has her long hair up, instead of free flowing. Along the outer edge of the coin are thirteen stars that represent the original thirteen US colonies. Christian Gobrecht was the third Chief Engraver of the United States Mint from 1840 until his death in 1844.

Displayed on the reverse side of the Liberty $10 Gold Piece is a traditional Heraldic Eagle. The US national bird is suspended in flight with its wings open at full span. In the eagle’s right talons is an olive branch, and in the left, a bundle of arrows.

The 1851 O $10 Gold Liberty AU 53

The 1851 O $10 Gold Liberty AU 53 is a great coin for the money. There were 263,000 of these coins minted. However, between PCGS and NGC combined, only around 1,600 are certified! This includes ALL grades combined. Only 20 or so of these are in mint condition! Needles to say, this is a tough coin to find in high grades. Graded by NGC in AU53 condition this particular coins shown in the video below, comes with a CAC sticker. In short, this confirms the NGC grade even further.

Liberty $10 Gold Piece Worth differ from coin to coin. Therefore, If you have questions let us help. Our team of Gold, Silver, Rare Coin, and Ancient Coin advisors are here for you! Call us at 1-800-928-6468.

Was Marcus Aurelius on a coin?

When people ask “Was Marcus Aurelius on a coin?” The answer is a simple – yes. In fact, most Roman emperors were commemorated by having their likeness on a coin. Marcus Aurelius was a Roman emperor from 161 to 180. He was known for continuing Rome’s prosperity and dealing with German tribes on the northern borders. He was also known as a philosopher. Above all, he is actually best remembered for his “rule driven by reason.”

Marcus Aurelius was the last of the rulers known as the Five Good Emperors. The last emperor of the Pax Romana. This was an age of relative peace and stability for the Roman Empire. What made Marcus so famous was his guidance by wisdom and virtue. This separated Marcus from the majority of past leaders all the way to the present. 

Across all the centuries Marcus Aurelius is perhaps one of the most likable. His sensibly, dutifulness and patience proved his stoic leadership is something the world longs for even today. Marcus book name The Meditations, survives today because it was copied and recopied in medieval monasteries. It lives as a guide book for dealing with the stresses of daily life. Especially for a leader like himself, known to lead one of the most powerful empires in human history.

Marcus Aurelius Silver Denarius

Marcus Aurelius’s portrait can be found on both gold and silver coins. In addition, his coinage survived in abundance over four decades (139 – 180 CE). However, coins of Marcus Aurelius in pristine condition are much harder to find.

Below is a video of a rare Silver Denarius with Marcus Aurelius’s depiction on it. It is a Silver Denarius in Choice Mint State certified by NGC Ancients. One that is bright and shiny all over. It also has a center strike with a circular flan of Marcus Aurelius on the front. The reverse has a facsimile of Salus with a branch and snake.

Imagine holding something made around 1,800 years ago. This coin is extremely detailed for a such an ancient coin. Austin Rare Coins & Bullion sells Ancient Coins all the way back to the first coins ever made! To find out more talk to an Ancient Coin Advisor at Austin Coins today at 1-800-928-6468!

What Antoninus Pius did as emperor

Antoninus Pius was born near Lanuvium in A.D. 86. As he grew up, he started serving as a quaestor. This was commonly known as a public official. In Ancient Rome it was also an elected position. Antoninus had great success performing his various duties.

He worked with ease under Emperor Hadrian reign. Consequently, Antoninus obtained the consulship in 120 A.D. Because Emperor Hadrian had no immediate successor he decided to adopt Antoninus on February 25th, 138 A.D. This was only months before Hadrian died of congestive heart failure.

Antoninus was suddenly thrust into position to rule the Roman Empire. What Antoninus Pius did as emperor is best understood if we take a closer look at what he didn’t do. He didn’t lead the country into war. Throughout his reign Emperor Antoninus carried out the continuation of a peaceful state.

One of the five good emperors

Emperor Antoninus was known as one of the Five Good Emperors of the Roman Empire. One of the reasons is because he didn’t perform a single military act during his 23 year reign. In fact, he never had to command an army. Instead, Antoninus dealt in diplomacy. He worked through matters of war and peace. He dealt with governors through imperial letters. His style of governance was highly praised for generations to come. Above all, Emperor Antoninus never had to leave Italy.

Emperor Antoninus Pius also became a skilled administrator and builder. He carried out the expansion of aqueducts throughout the Roman Empire. As a result, he also built new bridges and roads. All these new infrastructure builds assured that the people of the Roman Empire would get free access to drinking water.

Emperor Antoninus managed to leave behind an empire better than the empire that he inherited. Most importantly, he left a sizable public treasury of around 2.7 billion sesterces. Rome would not witness another Emperor leaving his successor with a surplus for a very long time.

Antoninus Pius Gold Aureus

Below you’ll find a video that commemorates the reign of Emperor Antoninus Pius. It shows an Antoninus Pius Gold Aureus coin, which is a beautiful piece of history that can be held in your hands. It also serves as testimony to what Antoninus Pius did as emperor. He helped to build a better empire and prevented any major conflicts. All this while staying at home and concentrating his attention to his people.

What is a Spanish Escudo coin?

A common question we get is “What is a Spanish Escudo coin?” The Escudo was and is Spanish currency. Escudos comes in both gold and silver. Interestingly, the first Escudo gold coins were introduced in 1535/1537. They were issued in denominations of 12, 1, 2, 4 and 8 Escudos. In addition, the 2 Escudos coins were commonly known as Doubloons and worth 16 reales.

Gold Escudos were issued until 1833. They are beautiful coins with great attention to detail. As a result, these gold coins from Spain in the 1790’s have remarkable eye appeal. Today’s coin collectors and investors love the rarity and value found in gold Escudos. In fact, Gold Escudos are some of our best selling coins at Austin Rare Coins.

Silver Escudos were also circulated throughout Spain and its colonies. To be specific, Silver Escudos were currency of Spain between 1864 and 1869. “The escudo replaced the Real at a rate of 10 reales = 1 escudo.”

2 Escudos Doubloons

2 Escudo gold coins are also referred to as Doubloons and are worth approximately 32 reales. They weigh 6.766 grams, or 0.218 troy ounces of 22-karat gold. 2 Escudos were minted in Spain and also Spain’s viceroyalties. The viceroyalties included Mexico, Peru, modern-day Colombia, Ecuador, Panama, and Venezuela. It is interesting to note, the Escudo replaced heavier gold excelente as the Spain’s standard gold coin. Therefore, doubloons succeeded the doble excelente or double-ducat denomination.

1795 Spanish 2 Escudo

Below is a video of a 2 Escudo currently for sale at Austin Rare Coins. Amazingly, this is one of just 14 coins like this ever graded. There is only one in this Mint-State 61 grade and only one finer certified by NGC. We love the rarity and value to be found in this 2 Escudo gold from this timeframe, particularly at this attractive price point.

On the front side you will find the draped profile bust of Charles IV facing to the right. Meanwhile on the reverse there is a shield just below a crown within the Golden Fleece Order collar. This is definitely a beautiful rare gold coin and should answer the question “What is a Spanish Escudo coin?”

1795 Gold Spanish 2 Escudo