Throughout history, there have been only a fine amount of items that have been able to survive the test of time. Artifacts that can be traced centuries before even the birth of Christ. Some of these rare items can be found in museums across the globe available for observation. Others are held by collectors and investors both publicly, and privately.
Let’s take a journey back through time to 359 B.C. Now referred to as Greece, the Kingdom of Macedon was ruled by King Philip II. King Philip II, was a member of the Argead dynasty of Macedonian kings, the third son of the former King Amyntas III, and most importantly, the father of Alexander III. Tutored by Aristotle, the famous "Father of Western Philosophy" until he was 16, Alexander succeeded his father who was assassinated in 336 B.C. From that time until about 323 B.C., Alexander went on to become one of the most notable and influential conquerors in history. Today he is known as Alexander The Great. During his rule thousands of coins were hand struck in gold and silver for the purpose of buying goods or services. Alexander being a King has held and swapped thousands of these coins. Now imagine being able to hold, in your hand, a coin that could have potentially been held in the same hand as a legend like Alexander the Great. The idea almost seems unreal. That same excitement is what led me to the remarkable market of Numismatics.
Numismatics is the study or collection of rare coins. Once referred to as the Hobby of Kings, the acquisition rare coins is practiced globally by both enthusiasts who enjoy the hobby, as well as investors who see the long term appreciation that may come from owning coins that are both scarce and in high demand. Some coins are worth multiple times over what the melt value may suggest. For instance, in 2013, Stacks & Bowers sold a PCGS SP66 graded, 1794 Flowing Hair Silver Dollar at auction. The coin carries less than an ounce of silver. However, the coin, considered to be the first coin struck in the United States, sold initially in 1999 for 4.1 million. What’s even more intense, in 2013 when the coin went to auction, it brought in over 10 million. 10 million for less than an ounce of silver! Although not every coin is as rare as this 1794 Silver Dollar, there are many coins currently available today that are both affordable and carry long term collector interest.
Here at Key Date, we have extensive experience in both buying and selling, Classic United States gold and silver, Modern U.S. Mint issues, as well as ancient coins. All coins we offer are certified and graded by either PCGS, or NGC ensuring both the authenticity, as well as the accuracy of the grade awarded. This is a protection that allows customers to buy and sell safely sight-unseen. Whether you are new to the market, or an experienced collector, Key Date has access to thousands of rare coins allowing us to fit every customer's needs. Give us a call today at (212) 655-9580 for a free consultation. I am confident that you will not be disappointed.
President & Founder
Key Date Inc