Table of Contents
What coins are used in Greece?
In 2002 the drachma ceased to be legal tender after the euro, the monetary unit of the European Union, became Greece’s sole currency.
What kind of coins did ancient Greece have?
Greek coins were made using mostly silver but also gold, electrum (a naturally occurring alloy of silver and gold), copper alloy, and bronze.
Are Greek coins valuable?
Today ancient Greek coins are also numismatic coins. This means that they are worth more than the value of their precious metal and are therefore valuable collectibles. Their added value is mainly a result of their ancient history and rarity.
Are ancient Greek coins rare?
The Archaic period took place from 480 BC and earlier. Greek coins were first introduced around 700 to 600 BC. Finding coins this old is rare but not impossible.
What were Athenian coins called?
Drachma
Modern drachma
| Drachma | |
|---|---|
| Replaced by | Euro |
| User(s) | None, previously: Greece |
| Issuance | |
| Central bank | Bank of Greece and Greek mint |
Are ancient Greek coins a good investment?
Rare ancient coins have made extraordinary gains in value over the last several years. ASI has partnered with ancient coin experts to bring you ancient rarities dating from over 2,000 years ago. As an asset type, ancient coins enjoy a truly expanding worldwide market demand and an ever decreasing supply.
What were ancient Greek gold coins called?
electrum coins
In the middle of the 6th century BC, King Croesus replaced the electrum coins with coins of pure gold and pure silver, called Croeseids.
Do ancient coins hold value?
Should I use silver polish on old coins?
Never use metal polish or acid dip to clean your coins! Using these chemicals will cause abrasions or chemical reactions with the metal, permanently damaging your coin. This damage can never be fixed or undone. Additionally, these chemicals can be caustic and cause injury or even death.
Should I clean old coins before selling them?
Don’t clean your coins! Not only does this cut their value by as much as half (or possibly even more), but it will be an immediate deal-breaker for many dealers who would’ve otherwise wanted to buy your coins if only they were left in their original condition.
Can toothpaste clean coins?
After all, they’re made of metal. But these cleaners are often made with caustic chemicals that can do serious, and permanent, damage to a coin. Don’t use toothpaste – Toothpaste is extremely abrasive. It can make your coins appear shiny, but cause significant damage to the surface.
Are coins worth more clean or dirty?
Only if the coins have more sentimental value to you and you don’t plan on selling them. Generally, it is better to leave your antique metal currency alone than it is to try and erase all the grime and grit off of those coins. Cleaning or polishing rare coins devalues them.
What soda cleans coins?
Pour your coins into the bowl and fill with Coke. Let the coins soak in the soda for about 5 minutes, then check to see if the corrosion has washed away. If the coins still feel grimy, then you can return them to the bowl for up to 15 minutes. If left much longer than 15 minutes, the soda can dissolve the metals.