Imagine holding in the palm of your hand an ancient silver coin minted by of one the three kings who sent their emissaries to witness the birth of the baby Jesus. Imagine owning a coin that was touched by the people who walked among Jesus during his years on earth. Today, you can own an authentic silver Drachma, saved from destruction and preserved for over 2,000 years — just in time to celebrate Christ’s birth!
Finding an ancient Silver Drachma coin anywhere in the world is a noteworthy event. Finding one issued by one of the “Three Kings” of the Bible, a coin produced by the King of Persia from 35 BC to 5 AD and used throughout the life of Jesus Christ, is cause for true excitement. Intricately designed, it is a miniature work of art. In ancient times the Silver Drachma was struck by hand, one at a time, so no two are exactly alike. This was a coin that could have easily been used to purchase the gifts presented to the Christ Child and has been historically proven to have circulated in Jesus’ lifetime.
Very Limited at this Low PriceThis special offer of Ancient Silver Drachmas from the time of Christ is made possible by a recent discovery. The quantity is strictly limited and once they are gone, there is no telling when, or if, any more will ever be found. This coin has sold nationally for $135, but while our supply lasts you can own this Ancient Silver “Three Kings” Drachma for just $49.95. You can purchase at this store.
January 21st, 2008
you are interested in collecting coins, it’s important to be able to have a rough idea of how much coins are worth. Knowing how coin values are determined will enable you to find good deals, and ensure that you don’t get cheated into paying too much money for a coin with a low worth.
Supply Influences Coin Values One major factor in determining coin values is the law of supply and demand. If there are many coins of a particular type available, that coin will not be worth much. On the other hand, if only a very few coins of that type are produced, the coin values will rise. This is why a completely normal-looking copper penny minted in 1943 is worth about $200,000, whereas a 2,000 year old Roman coin may be worth less than $100 — because thousands upon thousands of Roman coins were minted, but only 40 pennies produced during war-time 1943 were made out of copper.
Demand’s Effect on Coin Values Even among coins with a similar number of copies in existence, some have a higher worth than others. This is because some coins are in higher demand, driving up the coin values. Coins may become popular because they are particularly lovely to look at, because they are part of a topical set that is often chosen by collectors, or because they have a certain historical significance.
Precious Metals and Coin Values Some coins are made out of precious materials like gold bullion or platinum. These coin values are less volatile because the worth is guaranteed in part by the material. A gold bullion coin, for example, is usually worth more than its melted weight, but it is never going to be worth less.
Coin Values are tempered by Grade or Classification The final major factor in determining coin values is the grade or classification of the coin. The more wear and tear that a coin has undergone, the less value it is going to have. This is why un-circulated coins are usually more valuable than coins that have been passed from hand to hand. Un-circulated coins have always been kept in the very best of conditions, making their value much higher. A coin in flawless condition may be worth hundreds of times more than a low-grade version of the exact same coin.
Now that you understand the basic factors that influence coin values, you have a better grasp of which coins may have real value and which will be worthless. In order to get a ballpark estimate of the value of any coins you might have, you will first need to determine its grade or classification. You can do this by comparing your coin’s condition to a published list of guidelines. Then look up the value of a coin in that condition in a book such as “The Standard Catalog of World Coins,” which should be available in most public libraries. If you need to know the exact amount that your coin is worth, you should take it to a coin dealer and let him or her evaluate it for you.
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January 7th, 2008
