The value of a Roman coin can vary dramatically, ranging from a few dollars to millions, depending on several key factors:
- Rarity: Coins with limited mintage, from rare minting periods or associated with short-lived emperors are more valuable.
- Condition: Coins in better condition, with minimal wear and original luster, are graded higher and fetch higher prices.
- Material: Gold coins (aurei) are generally the most valuable due to their intrinsic worth, followed by silver coins (denarii). Bronze and copper coins (sestertii, asses, folles) are less valuable unless they’re rare or in exceptional condition.
- Historical Significance: Coins depicting notable emperors, events, or themes, or those associated with pivotal moments in Roman history, are highly collectible and can command higher prices. For instance, a denarius minted by Brutus commemorating Caesar’s assassination is extremely rare and valuable. Coins of famous emperors like Julius Caesar or Nero are more desirable than those of lesser-known rulers.
- Authenticity: Genuine coins with well-documented provenance command higher prices. Counterfeit or damaged coins have significantly less value. It’s crucial to buy from reputable sources and, if in doubt, consult with experts for verification.
- Gold Aurei: Can range from $3,000 to $18,000 for most specimens, with rare examples fetching much more. A Julius Caesar Aureus was listed on eBay for nearly $15,000.
- Silver Denarii: Values can range from $40 to $12,000. Common denarii in poor condition might be available for as low as $20. Some denarii of Trajan and Hadrian can be obtained for around $100. However, the “EID MAR” denarius minted by Brutus is incredibly rare, with only about 60 known to exist, and one sold for over $3.5 million.
- Bronze and Copper Coins: These are generally less valuable unless rare or in exceptional condition. For example, a bronze coin from the Eastern Roman Empire (286-396 AD) is listed for just over $12 on APMEX. However, a rare Titus Colosseum bronze sestertius sold for over $84,000.
- Examine the coin: Determine the metal, inspect the design and inscriptions, look for mint marks and dates, and assess its condition. Use guides and resources like the [American Numismatic Society’s Ochre platform] or the [Roman Coin Attribution Toolkit] to help with identification.
- Consult Experts: If you believe you have a valuable coin, consult a reputable coin dealer or consider getting it appraised and certified by organizations like NGC Ancients or PCGS. You can also try posting photos on online forums or social media groups dedicated to ancient coins for opinions.
- Research the Market: Look for past auction results and current retail prices on reputable online marketplaces or at established coin dealers.
In essence, understanding the value of a Roman coin requires a blend of historical knowledge, numismatic expertise, and careful consideration of several factors. While many common Roman coins can be obtained at affordable prices, rare and historically significant examples can be incredibly valuable.
How much is a Roman coin worth now?
Prices start as low as a hundred dollars for circulated more common issues, while higher-end rarities can bring five or six figures depending upon their quality and rarity. If you ‘re interested in learning more about Roman coinage, you should request our 8-page Ancient coin report.
What makes a Roman coin valuable?
Great question! The Emperor depicted on Roman coins can have a great historical significance. For example, a collector will pay significantly more money for a Nero coin than a lesser know emperor such as Constantius. But rarity can also play a role. Some emperors had shorter reigns and some had longer.
How to sell Roman coins?
Good point! With London Coins selling your material could not be easier. We offer free appraisals, free collection of bulky material from your home, immediate cash offers, and an auctioneering service.