Ancient Electrum Coinage of Cyzicus

The first coins ever made were of a substance called electrum. Ancient Electrum Coinage of Cyzicus could be found occurring naturally along riversides in ancient times. Importantly, electrum contained gold and silver, with trace amounts of copper and other metals. It was bright and had such a white color to it that ancient Greeks who found it called it “white gold.” Moreover, there were several types of electrum depending on the amount of gold and the different alloys it contained. Electrum could range in color from a bright white yellow a greenish tone. Adding Cadmium, which is highly toxic, to the gold turned it to a green color. The ancient Lydians who discovered this also realized the health concerns regarding its use.

Cyzicus Electrum Choice Very Fine Stater

An example of a Cyzicus Electrum is this Ancient Cyzicus Electrum Choice Very Fine Stater. It is an amazing coin and desirable by many types of collectors. Firstly, this is the earliest depiction of a domesticated animal on human coinage that we know of. Secondly, it was struck around 2,550 years ago. Thirdly, this 17-gram electrum full stater depicts a hound running left in lifelike fashion. Finally, the dog is atop a totem animal, the tunny (tuna fish).

This Ancient Electrum Coinage of Cyzicus is an amazing piece of history. In other words, it is truly a rare artifact. It is also a collectors item. One to put away and relish. Above all, having one of the first coins ever made is of historical value.

In conclusion, starting in 650 B.C electrum coins were coins ever made. The material they use for the coins was a naturally occurring mixture of gold and silver found in and around streams and riverbeds.

If you’d like to own this amazing piece of history it is a tough item to beat. We love the value found in the earliest of all coinage: electrum. Talk to one of our Rare Coin Advisor to purchase this coin, or other like it. The coin shown is the exact coin you will receive.

Cyzicus Electrum Stater ‘Hound on Tunny’ NGC CHVF 4×4

Welcome to our new Rare Coins BLOG

Austin Coins Blog

You’ve come to the right place to learn all about rare coins. We want to Welcome to our new Rare Coins Blog.

Since 1989 Austin Rare Coins & Bullion has been an industry leader in precious metals and rare coins. We have rare coins from all around the world. This blog is designed to highlight and discuss our most interesting and unique inventory highlights. For instance, it may be a 2,000 year-old Roman coin, or a rare issue minted during the Civil War.

On this blog you will find the best we have to offer. We also want to share some fun and useful information. This is so you can understand better the fascinating world of rare coins.

This rare coins blog is an information tool. We hope to assist you in buying and selling Rare Coins. It can be US Rare Coins, World Rare Coins, or even Ancient Rare Coins. Just let us know how we can help. Whether you’ve just started collecting Rare Coins, or you’re a rare coins bug, this blog will have ideas for everyone.

Strong Demand For Coins

Today, there’s a strong demand for coins and growing base of coin collectors in the United States. In fact, coin collectors growing all around the world. In the 1980’s, coin dealers estimated the number of US coin collectors at 5 to 10 million.  “Ian Russell of Great Collections estimated there are 10 million coin collectors in the U.S.” Moreover, he declared it on the Larry King Show.

The global coin collecting (numismatics) market is valued at approximately $17.59 billion in revenue annually.” This industry is growing all around the world. In addition, many starting coin collectors are discovering the joys of collecting all types of coins. From Silver Dollars to Pre-1993 dated US Gold Coins. In addition, the massive shift of wealth to Far East nations has also brought many new coin collectors. They are coming from Japan, China, Asia, and the rest of the world.

In conclusion, welcome to our new rare coins blog. If you have questions call us at 1-800-928-6468. Speak with one of our knowledgeable coin dealers.

Carson City Morgan Dollars

It would be hard to argue that any coin embodies the history and allure of the American Wild West more than Morgan Silver Dollars. Carson City was just a fledgling town with only a few small gold and silver mines in 1859. The first gold and silver began to be extracted from what would prove to be the largest find of precious metals ever discovered in the history of the United States. All coinage from Carson City Mint is highly sought after with legions of collectors. This has created a constant demand to buy and sell Carson City Morgan Silver Dollars. This also provides downside price protection, and furthermore, offers true long-term value.

TCC Morgans which were once only seen primarily as collectibles, have now become accepted as profitable long-term investments. Adding United States Rare Coins to your portfolio can be an ideal way to balance your investment portfolio. Especially, when stocks, bonds, or other precious metal holdings go through down periods.

CC Morgan Silver Dollars at Austin Rare Coins

1881 CC Morgan MS67

All Carson City Morgans we sell have been certified by PCGS or NGC. You’ll find these certified CC Morgan Silver Dollars at Austin Rare Coins from years dating between 1878-1893. The Morgan Silver Dollar series is the most collected series of coins ever produced by the United States Mint.  In addition, those produced in Carson City Nevada are the most cherished of all the Morgans.

You should call and talk to one of our rare coin advisors. Most importantly, they are there to help you understand the rare coin market. For instance, they can help tell you what rare coins are best to add to your collection. In conclusion, recommend what rare gems meet your budget and expectations.

Thank you for stopping by and viewing Carson City Morgan Silver Dollars. Questions, give us a call at 1-800-928-6468. Want to learn more about CC Morgan Dollars?

Check out our “Carson City Morgan Silver Dollars (1878-1893)” report.

Gold Coins from the 1857 Ship of Gold

The SS Central America was also known as the “Ship of Gold.” It operated during the 1850’s transporting freshly mined gold from the California Gold Rush to New York. She did this twice a month until the largest hurricane of the 19th century struck on September 11, 1857.  The ship sank along with 425 souls. Gold Coins from the 1857 Ship of Gold, millions of dollars went into the dark waters of the Atlantic Ocean. The loss of the cargo was so important to the financial market that it caused the Great Financial Panic of 1857.

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