Very First Spanish Silver 8 Reales

To fully understand how the very first Spanish Silver 8 Reales was created you have to understand a little Spanish history. From 1475 to 1500 Spain was in a time of transition. It was the beginning of one of the largest empires in history known as the Spanish Empire or Hispanic Monarchy. In addition, it was the formation of the dynastic union between Isabella I of Castile and Ferdinand II of Aragon. Basically, the king and queen of the Crown of Castile and the Crown of Aragon forming a joint reign. The young couple got married on October 19, 1469. She was 18 years old and he was only seventeen.

Both signed a document in 1475 called the Concord of Segovia. In short, this is where the real transitioning of power began. In other words, both of them would have the same power in managing their kingdoms. This system remained valid throughout their reign as Isabella started to age. By transferring ruling competencies to Ferdinand, he and his Aragonese advisors had almost all the power by 1500.

The Spanish dollar, also known as the piece of eight, started to be minted by the Spanish Empire. To clarify, this followed the monetary reform in 1497 and was widely used as the first international currency. In fact, some countries, including the United States countermarked the Spanish dollar. Therefore, once the coin was properly weighted with an addition mark or symbol, it could be used as their local currency. This practice is no longer in use, but at the time it was a cheaper alternative. Otherwise, they would have to recall or confiscate the coins, melt them down, and replace them.

Spanish 8R minted at the Toledo Mint

Ferdinand & Isabella had the very first Spanish Silver 8 Reales minted at the Toledo Mint. In fact, the video below is and incredible Spanish rarity. It is the first ever and only certified Spanish 8 Reale struck of silver during Ferdinand & Isabella reign (1474-1504). What make this particular coin so unique is that it was issued at the Toledo Mint. Furthermore, it is the only one certified in any condition. On the front of the coin is a crowned coat of arms. On the reverse is star with eight arrows.

The Spanish dollar was the coin upon which the original United States dollar was based. As a matter of fact, it remained legal tender in the United States until the Coinage Act of 1857. To find out more about the very first Spanish Silver 8 Reales by calling a Rare Coin Advisor at 1-800-928-6468.

Alexander The Great Silver Drachm

Alexander The Great Silver Drachm in Holder

This Alexander The Great Silver Drachm is a beauty! Few names resonate in history like that of  General Alexander the Great of Macedon.  Even today 2,350 years after his death Coinage issued under Alexander are highly desirable and are sought after by all sorts of collectors.

A Silver Drachm Like this…Will Sell Quickly!

We are pleased to offer this remarkably high end silver drachm graded by NGC Ancients. Because it has been certified in choice mint state condition, it is highly desirable. It also has received the fine style designation, which implies it to be of the highest artistic quality. Furthermore, this particular coin is known to be a lifetime issue. This means it was struck while Alexander was still alive. Coins that were issued after his death are referred to as a posthumous issue. 

Front & Back of this Coin:

Alexander The Great Silver Drachm

Overall the look of this Silver Drachm is remarkable and it is hard to believe that it was struck nearly 2400 years ago. This coin’s silver is bright white, flashy, and the strike is absolutely solid. You will find the obverse depicts Hercules facing right in lifelike fashion wearing a lion skin helmet.

Alexander The Great Silver Drachm - Reverse

The reverse shows Zeus seated upon a throne holding a scepter in his left hand but an eagle is perched on his right hand. You can clearly make out the muscularity features of Zeus and the centering on the back of the coin is absolutely perfect.

Is this Coin is For Sale?

We have only one of these Alexander The Great Silver Drachms available, and expect it to sell quickly given the low price point and all of the features described above. Ancient coins are a remarkable area of the numismatic marketplace. Coins issued under famous generals or noteworthy leaders are highly desirable today—particularly those in such a remarkably high state of preservation. 

Have questions about this coin? Then be sure to call our ancient coin advisor to learn more. This type of coin is a rare find, so it would definitely be a great addition for ancient coin collectors and investors alike!

Alexander The Great Silver Drachm - Both Sides

Did the Emancipation Proclamation free any slaves?

Are you curious? Did the Emancipation Proclamation free any slaves? The correct answer would be that it “did not free all slaves in the United States. Rather, it declared free only those slaves living in states not under Union control.”

This beauty was struck nearly 150 years ago, but looks like it was struck only yesterday! The 1871 Bronze Emancipation Proclamation Medal made because of this monumental occasion is simply stunning. Unbelievable, that the US mint made it to commemorate Lincoln.

An Emancipation Proclamation medal rarely seen for sale!

This medal is a great buy with a quality second to none and the overall coloration very attractive. This is the Only Emancipation Proclamation medal available at Austin Rare Coins and very few of these even exist. We have never even seen one, particularly in such a high grade.

Superb value for the money, and only one available. Call to find out more about this US Rare Coin gem, because our Austin Coin Dealer are there to help unlike other Coin Dealers. When you ask, Did the Emancipation Proclamation free any slaves? Someone at Austin Rare Coins can help you with the answer. Even if you have other questions about coins you are thinking about call us at 1-800-928-6468!

Six Major Categories of US Coins

Here are some US coins most commonly used for investing and collecting. We’ve put them into six key areas that are popular among US Coin Collectors:

US Gold Coins: Coins minted before 1933, including
Pre-Civil War and Civil War Era Gold Coins.

19th Century & Earlier Type Coins: This would include coins minted from the late 1700’s through 1899.

Silver Dollars: Morgan Silver Dollars from 1878-1921, Peace Silver Dollars issued from 1921 to 1934.

Commemoratives: Coins specifically struck in low mintages to commemorate historic events.

20th Century Type Coins: Before 1965, including Silver Dimes, Quarters, Nickels, and pennies.

Current Issues: all circulating coins you can get at any local bank would be current issues.

What Ancient Roman coins were made of silver?

What Ancient Roman coins were made of silver is a question we frequently get. This NGC Certified Roman coin minted by Emperor Otho for instance, is a great example, and it is a beautiful coin. Finding a Silver Denarius in Choice Extremely Fine Condition with 3.54 grams of silver is not an easy task.

On the front of this Otho Silver Denarius you’ll find the likeness of Emperor OTHO CAESAR with his head facing right. On the reverse, seen advancing left, you’ll find the likeness of VICTORIA. She is the Roman Goddess of Victory.

Marcus Otho Caesar Augustus was born Marcus Salvius Otho in the year 28 AD. He was Roman emperor, but only for three months, and in addition his life ended tragically. Two weeks shy of his thirty-seventh birthday Otho took his own life. In conclusion, by stabbing himself with a dagger Otho’s reign ranks as one of the briefest in the history of the Roman Empire.

This coin is an excellent example of one of the least known Roman Emperors. Examples of coins from Emperor Otho are rare because of two reasons. Firstly because he only was emperor for 3 months and secondly because most found were badly damaged. We are lucky to have this Choice Extremely Fine grade and able to share it with you.

Otho denarii are quite scarce and extremely difficult to find. For this reason only around 300 of these coins have been certified, and none in Mint State.

Several Ancient Roman coins were made of silver including the popular Silver Denarius silver coin, however the base silver coin was the Sestertius. In conclusion, there were many types of Roman silver coins. They spanned the 482 years as a Roman Republic, 503 years as the Roman Empire, and 1131 years as the Byzantine Empire.

What Persian Darics were used for.

An ancient Persian Gold Daric is a high-purity gold piece and weighs approximately 8.4 grams. This weight is based on an ancient weight standard.

The Daric was also referred to as a Babylonian shekel. It was called a shekel because it was equivalent to one month’s pay for a mercenary foot soldier. We know what Persian Darics were used for. Persian Darics were some of the first coins ever used as currency. Currency was a new concept, because in ancient times bartering was the norm.

One daric could be exchanged for 20 silver sigloi. This was a daric’s silver currency counterpart. It was a period in the ancient world that the concept of currency as trade started. Archeologist unearthed hoards of darics and sigloi from Sicily to Afghanistan. This area was all part of the former Persian Empire. It was also proof that the concept of currency spread quickly.

Unique Persian Gold Daric

Our video below shows a unique Persian Gold Daric. It is from the Achaemenid Empire, c.5th Century BC. However, it is slightly different than virtually every other Daric. There have been thousands of typical ones found. Furthermore, only recently were new coins like the one below uncovered in Turkey.

10 Gold Darics were found with a formerly unused symbol. Usually there is a king with bows, arrows, and daggers. For the very first time we see the use of a cross underneath the king.

Some PhD’s suggest it’s a crucifix. Not to symbolize Christ. Jesus Christ didn’t come around for another 400 years. These experts believe it symbolizes the mighty Persian army crucifying those who would not obey them.

Ideas are swirling! Other experts have suggested the symbol is an anchor. In addition, they believe it refers to the Persian naval fleets. In conclusion, we may never know. We do know what Persian Darics were used for. It was the first time coins were used for currency and trade. After that, we are not too sure. Most importantly, why was a cross stamped on only a few examples and only recently found.

Could the cross have been stamped to send a message to the people and was it for propaganda? These questions and discoveries are what makes ancient coins so much more fun to collect!

Rare Spanish silver called 4 Reales

Rare Spanish silver called 4 Reales are coins that we’ve never seen before. Moreover, certainly not in such high of a grade. These coins were struck by Ferdinand and Isabella. The two who reigned over Spain jointly in the late 1400s, together known as the Catholic Monarchs.

Ferdinand and Isabella of Spain were responsible for funding Columbus’ journey to the New World. Silver Four Reales were the circulating currency back in the late 15th century. Some of them are probably the same coins that help to fund these trips. It is important to note, that Explorers didn’t intentionally venture out to discover the new world in the Americas. All they wanted to do was to gain wealth. Their intention was “finding a new trade route to China that would bypass the Mediterranean.”

Finest certified examples known

We acquired a group of these coins from a world coin collector in Europe. These coins are often toned, cracked, and badly worn. Luckily, we bought a group of three that are the finest certified examples known today. All of them are in Mint State 63 condition. Out of 11 total coins graded, these are the finest. They are fully centered on both sides and have very intricate strikes.

We love the world coin market because of coins like these. In addition, for the money Spanish silver like 4 Reales offer great value. Above all, they come along with a rich history. A find like this does not come around often. As far as Spanish silver goes, you’ll be hard pressed to find nicer coins than these.

Just talk to one of our Rare Coin dealers and they can help you find the exact rare world coin you are looking for. You can also go online and buy directly from our rare World Coins inventory section.

THIS COIN IS STILL AVAILABLE HERE!

Are Roman coins worth anything?

When it comes to ancient Roman coins investors always ask, are Roman coins worth anything? Well today, that depends on quality, rarity, and other important factors. For example, eye appeal, artistic merit, historical significance, and precise state of preservation. These are things to consider before you buy any Ancient coin.

A gold aureus was worth 833⅓ denarii in 301. By 324, the same aureus was worth 4,350 denarii. Ancient coins appreciate in time. Mainly, due to the demand of a finite quantity that can be found.

As noted on our Ancient Gold Coins Website:

  1. Ancient coins are beautiful, miniature works of art. In other words, true antiquities.
  2. Overall, ancient coins are amazingly rare.
  3. Ancient coins are portable, private stores of wealth.
  4. Owning ancient coins is a wise decision. Because, they are very limited in supply with a growing demand from investors and collectors.
  5. It is also important to note that Ancient coins are non-reportable and non-confiscatable.
  6. In addition, you don’t need a fortune to acquire truly rare and beautiful ancient coins.

Ancient Tiberius Gold Aureus

However, some very rare coins can cost 5, 6, and sometimes even 7 figures. With this particular coin, are Roman coins worth anything? is a loaded question. This Ancient Tiberius Gold Aureus, Certified by NGC in Choice Extremely Fine 5×4 condition is worth over $11,000. There are certain historical reasons that this coin is so rare and so desired.

Tiberius ruled the Roman Empire from 14-37 AD. His reign was during the life and death of Jesus Christ. Coins bearing his likeness are very desirable. Particularly, when in such a fine state of preservation. This unique coin is well centered and struck with originality and lots of eye appeal. Great coin for the money and a classic rarity from ancient Rome.

If this coin or other Roman Empire coins strike you interest, talk to one of our Ancient Coins Dealers. They can offer great advice and sound knowledge in the Ancient Rare Coins Market.

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