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Gold Octadrachms - NEWPs!

Hi all,
I'm very excited to share my newest purchases: two gold octadrachms. These are incredible coins. I can't imagine how they still exist after 2,200 years, considering their weight of nearly an ounce of gold. I've been primarily a collector of US coins but upon learning about these pieces, I couldn't resist.
The diameter of each is a little over 27mm, about the size of a US $10 Indian.
246-211BC - Ptolematic Posthumous issue of Ptolemy IV from the Alexandria mint. 27.71g


253-246 BC - Arisone II, Wife of Ptolemy II Philadelphos (struck under Ptolemy II). 27.74g


Thanks for looking!
I'm very excited to share my newest purchases: two gold octadrachms. These are incredible coins. I can't imagine how they still exist after 2,200 years, considering their weight of nearly an ounce of gold. I've been primarily a collector of US coins but upon learning about these pieces, I couldn't resist.
The diameter of each is a little over 27mm, about the size of a US $10 Indian.
246-211BC - Ptolematic Posthumous issue of Ptolemy IV from the Alexandria mint. 27.71g


253-246 BC - Arisone II, Wife of Ptolemy II Philadelphos (struck under Ptolemy II). 27.74g


Thanks for looking!
Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
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Sweet additions, very jealous.
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27mm is quite large for ancient gold, isn't it? I don't remember seeing old gold much larger than 15 or 20mm, but I don't get to see much outside of our local shows.
<< <i>Wow, those are nice!
27mm is quite large for ancient gold, isn't it? I don't remember seeing old gold much larger than 15 or 20mm, but I don't get to see much outside of our local shows. >>
Thanks everyone! Yes, 27mm is very large for ancient gold. The Ptolemy octadrachms are some of the largest ancient gold coins, in diameter and weight. There are a couple other types of octadrachm at the same weight/size but I find these two the most aesthetically pleasing.
Simply Awesome! Wow!
Any idea what the meaning is, if any, of the double cornucopia? I just noticed that on a 3rd century Roman coin I was looking at.
Larry
<< <i>Simply Awesome! Wow!
Any idea what the meaning is, if any, of the double cornucopia? I just noticed that on a 3rd century Roman coin I was looking at.
Larry >>
Thanks! As far as I know, the double cornucopia quite literally means double prosperity. The Greeks and Romans both used the cornucopia as a symbol of wealth, prosperity, and as a core symbol of the deities associated with a successful harvest.
Had to patch them together.
The ancients had some great artists working then.
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I know a silver octadrachme of approx. 35 Gramms, is worth 8 drachmes,
how much drachmes are these gold octadrachmes worth ?
<< <i>Beautifull pair , great pictures !
I know a silver octadrachme of approx. 35 Gramms, is worth 8 drachmes,
how much drachmes are these gold octadrachmes worth ? >>
The denomination of octadrachm was also known as mnaieion, meaning a one-mina coin, and is equivalent to 100 silver drachms, or a mina of silver.
I believe the minimum income was 1/3 of a drachme for a days labour,
so one of these gold coins is approx. a one year minimum income in those days.
and nowadays minimum income in the US, is probably the marketprice for one of these coins
<< <i>That puts the gold/silver ratio at 15:1
I believe the minimum income was 1/3 of a drachme for a days labour,
so one of these gold coins is approx. a one year minimum income in those days.
and nowadays minimum income in the US, is probably the marketprice for one of these coins
I've also read that one silver drachma was equivalent to one sheep, so one of these would be 100 sheep. Frankly, I'd prefer the coin
If you ever decide the opposite, I'll happily provide the sheep in trade. I'll even cover delivery
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<< <i>I've also read that one silver drachma was equivalent to one sheep, so one of these would be 100 sheep. Frankly, I'd prefer the coin
If you ever decide the opposite, I'll happily provide the sheep in trade. I'll even cover delivery
Give it a few thousand years and maybe I will. The gold will certainly outlast the 100 sheep so if they begin to become extinct, it may end up being a good deal!