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Alexander The Great Silver Drachm

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Valued Member

South Africa
147 Posts
 Posted 06/09/2014  09:02 am Show Profile   Bookmark this topic Add mikehy to your friends list Get a Link to this Message Number of Subscribers
Hi Me again,

Value of the coin shown below.

Alexander-The-Great-Silver-Drachm

Alexander-The-Great-Silver-Drachm

Thanks in advance for al responses.

Regards,
Mike.
Valued Member
South Africa
147 Posts
 Posted 06/09/2014  09:04 am  Show Profile   Bookmark this reply Add mikehy to your friends list Get a Link to this Reply
Sorry left out weight and diameter.

Weight is 3.6 to 3.8 grams.
Diameter is 16 mm's.
Pillar of the Community
United States
3443 Posts
 Posted 06/09/2014  12:01 pm  Show Profile   Bookmark this reply Add FVRIVS RVFVS to your friends list Get a Link to this Reply
Valuation is a very subjective thing. It all depends on "who" the seller is, "where" it is being sold and most importantly who the buyers might be. In a place like Syria where many of these types of coins are found (given the current conditions) someone might be willing to take a few loaves of flat bread for it ! Likewise at a major coin show in a large city like New York, the supply of superior quality drachms will drive down the price. I personally remember when dealers would have bowls full of VF's at $40 ea. your pick ! This one is a bit beaten and worn and silver tends to grade lower than bronze does. We rather expect silver to be higher quality as it does not circulate as quickly as does bronze.
Yesterday someone posted a rather ordinary denarius of Trajan which seems to have sold for somewhere around $100. I was rather shocked by this so maybe I am out of touch with 'reality'. Personally I would put a price tag of $30-40 and no more ...... but what the heck do I know !

Someone somewhere will no doubt top that price by a few loaves of bread
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echizento's Avatar
United States
23731 Posts
 Posted 06/09/2014  12:07 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Based on the wear on this coin I would agree with FR.
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chrsmat71's Avatar
United States
4971 Posts
 Posted 06/09/2014  4:34 pm  Show Profile   Bookmark this reply Add chrsmat71 to your friends list Get a Link to this Reply
my first thought was 50-60 bucks...the obverse is really pretty descent. but I know less than the two previous posters about this stuff.
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oh my florin's Avatar
Australia
1006 Posts
 Posted 06/10/2014  04:00 am  Show Profile   Bookmark this reply Add oh my florin to your friends list Get a Link to this Reply
I'd concur with the others on value tho have a look out for the Drachms made in Macedonia (instead of the Zeus design they have an Eagle design you will be able to tell when you see one and are absolutely beautiful) they are far more rare than the types manufactured outside Macedonia and in condition a bit better than yours sell for at the very least $1000 and $1300+ is not unheard of. By the way if you want to know which mints they minted these ones at they were Pella, Amphipolis and Aegae (alternate spelling Aigai these ones are ridiculously rare too).
Valued Member
South Africa
147 Posts
 Posted 06/12/2014  09:19 am  Show Profile   Bookmark this reply Add mikehy to your friends list Get a Link to this Reply
Many thanks to all that responded, assistance greatly appreciated.

Mike.
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