Buying A $300 Ancient Coin Grab Bag – Millenia-Old Silver & Copper (And History) w/Spencer Miller

I purchased a $300 grab bag of ancient coins from Spencer Miller, a friend of mine who deals in ancient coins, and he said he would sit down with me and talk through the coins I had bought. I learned so much about what I bought, and love the history and understanding of how these coins were transacted and their significance – so thankful to have been able to buy these coins and add to my collection (or sell some of them) in the future.


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13 Comments on “Buying A $300 Ancient Coin Grab Bag – Millenia-Old Silver & Copper (And History) w/Spencer Miller”

  1. That is awesome. I would like to buy an ancient grab bag.
    Also this just proved that just because a country use gold and silver in their coins, it does not mean they are immune from inflation.

  2. Very nice purchase of ancient Roman coins for a great price. The “Divina Faustina” denarii are pretty stunners. It´s obvious that the bronze coins mostly are more corroded than the silver denarii and antoniniani. Thanks for this very interesting and informative vid, Christian ! Greets from GER, U.

  3. If you paid $300 for this lot, you got a reasonably good deal. Many people think all ancient Roman coins are rare and expensive, but this isn’t true. Even nice silver coins can often be purchased for $30 or so. But beware of buying these coins on places like eBay. I’d estimate over half the coins sold there are counterfeit. NEVER buy from a source outside the U.S.! It takes a little time to learn the various denominations, but four sestertii equaled one denarius, and 25 denarii equaled one aureus, the standard gold coin of the early empire.
    One interesting fact is that while the silver coinage was increasingly debased, Roman gold coins remained of high purity until the end of the empire.

  4. at 9:16, Antoninus Pius did leave Rome on a number of occasions due to problems with the Parthian Empire in the east stirring up trouble. The misconception that Antoninus Pius never left Rome during his reign is untrue and was invented when the Historia Augusta was written about the time of Constantine I. The Historia Augusta is at best an unreliable and heavily biased source and should be taken with a grain of salt.

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