The conquerors of the territories that previously belonged to Byzantium were not familiar with the coinage before the reign of Muhammad, and therefore the history of the Arab coinage begins with imitation of coins of the Byzantine and Sassanian type. In part, these imitations were a rather loose interpretation of the original. Along with them, images of the ruling caliphs were minted on Arab coins.
Around 696-698, Caliph Abdul-Malik ibn Mervan from the Umayyad dynasty (685-705) carried out a reform of the eastern monetary system. Continue reading
Rare coins can grow in price by hundreds of percent over ten years. What influences their value and how to find assets attractive for investment in this market?
Old coins are the third most profitable alternative tool in the world after rare cars and collection wine. According to the latest report by Knight Frank, over the past 5 years, the return on investment in rare coins was 50%, and in ten years – 182%.
Numismatic market trends reflect special indices that include rare coins from different countries in whose territory they once served as means of payment. Continue reading