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Mark Antony Legionary Denarii

 

These denarii are well circulated. High grades often sell for as much as $1,000+.  We have only a handful of these. They are hard to come by.

 

Widowmite with Roman Nail 1st Century AD

LIMIT ONE PER ORDER

Judaean Æ Widow Mites are perhaps the most sought-after Biblical coins of all time. They take their name from the Biblical lesson that Jesus makes there at the Temple.

The bronze mite, also known as a Lepton (meaning small), was first minted by Alexander Jannaeus, King of Judaea (103-76 BC), and was still in circulation at the time of Jesus. The Lesson of the widow’s mite was presented in the Synoptic Gospels (Mark 12:41-44, Luke 21:1-4), in which Jesus taught at the Temple in Jerusalem. The Gospel of Mark specifies that two mites (Greek lepta) are together worth a quadrans, the smallest Roman coin. A lepton was the smallest and least valuable coin in circulation in Judea, worth about six minutes of an average daily wage.

Victorinus (268-270AD) Debased Reduced Flan

Gallic Emperor Victorinus (268-270AD) was a soldier under the first Gallic Emperor Postumus, who possibly elevated him to the post of praetorian prefect after putting down a rebellion by Laelianus in 269AD. However, Postumus was murdered by his own troops organized by Marius, who became the new emperor. It was Victorinus who organized the overthrow of Marius, and subsequently, Victorinus was declared emperor by the troops. There was a rebellion in the city known today as Autun, in which he laid a siege that took 7 months. After his victory, he was assassinated by one of his own officers.

This hoard from the final year of his reign demonstrates the contagion of debasement from the Roman Empire and how in addition to the debasement from silver to bronze, the size of the flan also shrunk so that the full strike of the die was oversized to the planchet. These coins are generally Extremely Fine, showing little wear.  These are struck on reduced size planchets so the complete design does not appear. This hoard was most likely buried during the 270-273AD period since eventually Rome reunited the Gallic Empire in 273AD.

When Government Does Not Understand Something – Regulate It Until They Kill It

The golden rule of government is that whenever something new emerges – regulate it even when you do not understand what you are doing. While the details are not yet set, the EU wants to be the first to regulate AI. This new legislation requires foundation models such as ChatGPT and general-purpose AI systems (GPAI) […]

We will be Listing Coins for Sale Tomorrow

      We will be listing some Hoards for sale tomorrow, after 12 noon EST

Market Talk – December 8, 2023

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