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A Newly Discovered Ancient Gold Coin Hoard

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Lucky Cuss's Avatar
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 Posted 09/02/2024  4:45 pm Show Profile   Bookmark this topic Add Lucky Cuss to your friends list Get a Link to this Message Number of Subscribers
Unearthed in Turkey just last year -.

https://www.popsci.com/science/ancient-gold-coins/

Colligo ergo sum
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Spence's Avatar
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 Posted 09/02/2024  5:51 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Yes those Darics are pretty cool!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Coinfrog's Avatar
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 Posted 09/02/2024  7:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Good link, thanks.
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sel_69l's Avatar
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 Posted 09/02/2024  8:56 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
My very first thought is ?fake hoard?
The whole hoard and it's find site should be thoroughly investigated by an accredited specialist ancient numistmatist (preferably independent non Turkish) in a leading museum.
I cannot dismiss the possibility that corruption may exist between clandestine coin dealers and the Turkish museum administration.

It must be remembered the gold Darics were originally struck in huge numbers to help pay soldiers in Xerxe's army during their attempted failed invasion and reduction to slavery of Greece.
Herodotus describes the attempted invasion in detail.
From ancient times, almost all of the genuine coins would have been melted, and struck into other coins or bullion by the Romans or other subsequent cultures, right into modern times such that the survival rate of genuine gold Darics should be very low.

These coins had very many style variations, and so careful consideration needs to be given as to their authenticity, despite the fact that if false?, they still could be made from reasonably high purity gold, that could closely match that of genuine coins.
With genuine coins, the numismatic value far exceeds their gold value, such that a large profit could be made in the numismatic market.

Circumspection on the part of an experienced ancient coin collector is required. Hasten slowly
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Victor's Avatar
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 Posted 09/02/2024  10:16 pm  Show Profile   Check Victor's eBay Listings Bookmark this reply Add Victor to your friends list Get a Link to this Reply

Quote:
(preferably independent non Turkish)


The University of Michigan is heavily involved...that's pretty non Turkish
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jbuck's Avatar
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Sap's Avatar
Australia
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 Posted 09/03/2024  11:12 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I think the "fake hoard" theory can be discounted. These coins were found by an accredited archaeological team at a proper archaeological site in Turkey and will therefore never come onto the market, and anyone claiming that their coins came from this hoard would be promptly investigated by Turkish authorities. They have nothing to gain by creating fake artifacts.

Turkey has a major problem with looted and smuggled ancient coins leaving the country, but they never leave via museums or officially announced archaeological finds. Any coins known or suspected to be stolen from museum collections will not be salable in the West as Turkey will attempt repatriation. You will notice they waited over a year before announcing the find; that's because they wanted to get all the archaeology done on the site to prevent thieves from breaking in overnight and looting them.

As for being fake, the archaeological evidence proves otherwise. Quite the opposite, in fact: as the article states, the coins still have an imprecise dating sequence, and the datable finds in the archaeological layers surrounding the coins may help yield insights into when the coins were struck.

And to finish with just some trivia about the coins themselves: they are considered part of the "Biblical coin series", as they are the oldest coins mentioned in the Bible and the only coin mentioned in the Old Testament: 1 Chronicles 29:7 and elsewhere use the Hebrew word "darkemon", transliterated into Greek as "dareikos" and thus to English as "daric". A passage in Ezra 8:27 even mentions the use of "daric" as a unit of currency, rather than merely a weight, where a set of fine-crafted gold bowls is "valued at 1000 darics". So Sel is correct in this, that these coins are worth much more than their weight in gold.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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sel_69l's Avatar
Australia
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 Posted 09/09/2024  01:40 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I am happy to learn that the University of Michigan is involved in the investigation.

I have seen fake ancient gold coins that are made out of good quality gold.
That is why professional investigation is needed.
I agree with Sap,
and thus I would expect that none of these coins would find their way to the international numismatic market. They should be rightly regarded as part of the national heritage of Turkey.

Nevertheless, it is not illegal so sell fake ancient coins that are known to be fake in some countries.
That is why I have accumulated a fairly extensive 'black' collection of fake ancient coins over the years, for my self education.
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