Wednesday, 26 July 2017

Mint Ptolemy IV Mnaieion

A superb gold mnaieion of Ptolemy IV honoring his father Ptolemy III. In mint state, it realized $24,675.

Mnaieions are among the most rare and desirable ancient gold coins. Ptolemaic gold mnaieions were one of the larger ancient gold denominations struck. They had a considerable face value of one mina, or 100 drachms.

 An extremely rare ancient gold coin was uncovered at Tell Kedesh in Israel near its Lebanese border in 2010. It is the heaviest gold coin with the highest contemporary value of any coin ever found in an excavation in Israel. The coin weighs almost one ounce (27.71 grams), while most ancient gold coins weighed 4.5 grams.