Category Archives: AUCM

Ancient Coins – A Soldier’s Share of Alexander the Great’s Plunder

Ancient Coins By Russell A. Augustin, AU Capital Management, LLC …… Alexander the Great, born in the autumn of 356 BCE and taught by the famous Aristotle, was one of the most successful military generals of all time, conquering a large part of Asia and ruling a kingdom that spanned from the Ionian sea to […]

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CoinWeek Streaming News: Classic Silver – the 1883-CC Morgan Dollar

CoinWeek Streaming News is brought to you by NGC. For information about NGC’s current grading specials and services, as well as to look up certs, pricing information, and current populations, visit www.ngccoin.com. * * * CoinWeek Editor Charles Morgan hosts this episode of CoinWeek Streaming News live from our new studio. In this episode, we show off […]

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CoinWeek Podcast #134: The Rare Coin Market Holds its Own (with Russ Augustin)

  CoinWeek Podcast #133: Early US Copper Planchets (with Bill Eckberg) Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. This week on the CoinWeek Podcast, we talk to Russ Augustin of AU Capital Management and RARCOA about the ways the COVID-19 crisis has shed […]

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Ancient Electrum Coins – Strength and Unity of an Empire

The Colosseo Collection Electrum Coins …… By Russell A. Augustin – AU Capital Management, LLC The ancient Greek island of Lesbos was located in the northeastern Aegean Sea off the coast of modern-day Turkey. Its largest and wealthiest city, Mytilene, was originally founded in the 11th century BCE by the Penthilidae family of Thessaly, who […]

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Ancient Gold Coins : The First Circulating Gold Coinage and the Stag of Artemis

Ancient Gold Coins By Russell A. Augustin, AU Capital Management, LLC …… From the The Colosseo Collection The First Circulating Coinage Little is known about this mysterious archaic electrum coinage – the first ancient gold coins. It was minted in Ionia, somewhere in central Western Anatolia on the shores of the Aegean sea, but scholars […]

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CoinWeek Podcast #123: Two Weeks in the Life & the 2019-S Reverse Proof Silver Eagle

 CoinWeek Podcast #123: Two Weeks in the Life & the 2019-S Reverse Proof Double Eagle Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. It’s been a long two weeks on the road for CoinWeek editor Charles Morgan. In this episode of the CoinWeek Podcast, sponsored by […]

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Ancient Roman Coins – Victory Over Parthia and the lost Roman Standards

Parthia and the lost Roman Standards By Russell A. Augustin – AU Capital Management, LLC …… While fighting the battle of Philippi, Octavian vowed to avenge the assassination of his adoptive father Julius Caesar. Octavian set plans in motion to build a temple honoring the god Mars Ultor (“the Avenger”). Mars was the god of war, protector of […]

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The Grandeur that was Rome – The Secular Games of The Circus Maximus

By Russell A. Augustin – AU Capital Management, LLC …… The Secular Games at the Circus Maximus were some of the largest and most memorable celebrations in antiquity. They were held on two different cycles, first on the “saeculum”, thought to be the longest possible length of a human life (between 100 and 110 years) and on the […]

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Ancient Coins – The Invention and Importance of Striated Coins

Striated Coins By Russell A. Augustin, AU Capital Management, LLC …… Shown with expressive and diverse imagery today, coinage started from very humble beginnings. The ancient author Herodotus wrote that “the Lydians were the first people we know of to use a gold and silver coinage”. Through hoard evidence and research, numismatists have confirmed that […]

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Wow! $1,000 Gold Coin Box – with Russ Augustin – ANA 2019 Video

  Coin dealer Russ Augustin shows us a scarce Lonson $1,000 gold coin box. Boxes like this were used by banks at the end of the 19th century through the first few decades of the 20th century to store and transport gold coins from bank vaults to teller windows. Lonson Boxes were built by the […]

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Ancient Coins – Coinage of the Ancient Olympics

Ancient Olympics – Elis, Olympia, 87th-90th Olympiad, 432-420 BC. AR Stater [1] Coins of the Ancient Olympics By Russell A. Augustin – AU Capital Management, LLC The Colosseo Collection …… One of the few ancient traditions to survive until the modern world is the Olympic games. Occurring in the same four-year cycle today as in […]

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Cool Coins! 2019 Episode 3: 1885 Trade Dollar, 1652 Pine Tree Shilling, and more!

  CoinWeek’s Cool Coins! returns with our third episode of 2019. In this episode, we talk with Russ Augustin of AU Capital Management about a wonderfully struck 1652 Pine Tree Shilling. John Brush, president of David Lawrence Rare Coins shows off the fantastically rare 1885 Trade dollar that he and mega-collector Dell Loy Hansen bought […]

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AU Capital Management: Indian Peace Medals: Important and Historic Collectibles

  AU Capital Management President Russ Augustin teams up with CoinWeek to discuss the fascinating Indian Peace Medal series. In this episode, Russ shares a number of medals from his collection and discusses the important historic role these numismatic objects played in bettering relations between native tribes and the American government. From the English administration […]

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AU Capital – Indian Peace Medals: Important and Historic Collectibles

  AU Capital Management President Russ Augustin teams up with CoinWeek to discuss the fascinating Indian Peace Medal series. In this episode, Russ shares a number of medals from his collection and discusses the important historic role these numismatic objects played in bettering relations between native tribes and the American government. From the English administration […]

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Ancient Greek Coins – New Style Athens Tetradrachm

Attica, Athens AR Tetradrachm. New Style Coinage, circa 154-153 BC By Russell A. Augustin, AU Capital Management, LLC ……   Athens was once immensely powerful and independent, but its invincibility was ultimately disproved. It was conquered first by Sparta, then by Macedonia, and eventually by Rome. Athens’ value was well understood, and it was allowed […]

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Ancient Coin Profiles – Portrait of Alexander the Great

Macedonia, Philip II, struck under Philip III; Kolophon, c. 322 BC, Stater By Russell A. Augustin, AU Capital Management, LLC ……   With no mass media, ancient coins functioned as powerful tools for propaganda due to their portability and potential to circulate widely. Rulers would carefully choose their types and each element of the designs […]

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Ancient Coin Profiles – Portrait of Alexander the Great

Macedonia, Philip II, struck under Philip III; Kolophon, c. 322 BC, Stater By Russell A. Augustin, AU Capital Management, LLC ……   With no mass media, ancient coins functioned as powerful tools for propaganda due to their portability and potential to circulate widely. Rulers would carefully choose their types and each element of the designs […]

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Ancient Greek Coins – Agathokles’ Victory

Sicily, Syracuse. Agathokles. 317-289 BC. Silver Tetradrachm By Russell A. Augustin, AU Capital Management, LLC …… Agathokles was the last of the larger-than-life rulers of Syracuse, but he was not merely given the right to the throne. He was born in Thermae in 361 BCE to a Greek manufacturer of pottery, but he quickly tired […]

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Ancient Roman Coins – Vespasian Aureus Buried at Pompeii

Vespasian. 69-79 CE. AV Aureus – Rome Mint – Struck 70 CE By Russell A. Augustin – AU Capital Management, LLC …. Mt. Vesuvius began erupting on August 24, 79 CE and continued for two days, burying the Roman settlements of Pompeii and Herculaneum, among others. There were warning signs: small earthquakes started a few […]

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Ancient Coins – A Soldier’s Share of Alexander the Great’s Plunder

By Russell A. Augustin, AU Capital Management, LLC …… Alexander the Great, born in the autumn of 356 BCE and taught by the famous Aristotle, was one of the most successful military generals of all time, conquering a large part of Asia and ruling a kingdom that spanned from the Ionian sea to the Himalayas […]

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Ancient Roman Coins – A Conspiracy to Assassinate the Emperor Nero

Aureus 64-65, AV 7.27 g. NERO CAESAR – AVGVSTVS By Russell A. Augustin – AU Capital Management, LLC …… The name Nero holds a particularly sinister connotation due to how history remembers his cruel and self-indulgent tendencies. His reputation was equally negative during his reign, and the discontent came to a climax in 64 CE. […]

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Ancient Greek Coins – Philip II the King of Macedonia

Ancient Greek CoinsBy Russell A. Augustin, AU Capital Management, LLC…. The Colosseo Collection Philip II was the father of Alexander the Great and the youngest son of King Amyntas III. He took the throne in 359 BCE upon the death of his elder brothers, at a time when Macedonia was a poorly organized, economically insignificant, […]

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Ancient Coins: War and Peace – The Sikyon Stater

Sikyon was located in the northern Peloponnesus and was known in antiquity for its industries, including sculpture, bronze work, and pottery. Its central location meant it was frequently involved in the wars of its neighbors: Thebes, Corinth, Athens, and Sparta. It was the main mint for the anti-Athenian states in the Peloponnesian War and issued […]

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Ancient Greek Coins – Zeus at Olympia

Greek Coin Profile By Russell A. Augustin, AU Capital Management, LLC …… As the Olympics became progressively more popular, the city of Elis sought to build a new, larger temple which was worthy of Zeus, the king of the gods. The project to build the Temple of Zeus began in 470 BCE and was completed […]

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Ancient Greek Coins – The Mythology of Ajax the Lesser

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Opus was a small, infertile territory on the coast of mainland Greece, surrounded by larger, more powerful states. While their inhabitants, the Lokrians, made a relatively small impact in history, they produced a beautiful and extensive series of ancient greek coins. Mercenaries returning […]

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Ancient Greek Coins – The Peak of Classical Artistry

Ancient Greek Coins By Russell A. Augustin, AU Capital Management, LLC Lampsakos has a storied past, having been a frequent source of contention between battling powers, changing hands between Lydia, Persia, Athens, and Sparta between the sixth and fifth centuries BCE. It was the first ancient Greek coins from city-state to see its gold coinage […]

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Ancient Coins – The Wealth of the Persian Empire

The Colosseo Collection of Ancient Coins ……By Russell A. Augustin, AU Capital Management, LLC Thanks to intelligent political leadership and forward-thinking approaches to governing, the Persian Empire quickly became a substantial power of the ancient world. By not interfering with local customs or religions and granting equal rights for all citizens as long as taxes […]

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Ancient Greek Coins – The Eagles and Coinage of Akragas

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Akragas was a wealthy and powerful Greek state on the southern coast of Sicily, second only to Syracuse in importance. The city was famous for its lavish building projects, proudly displaying its wealth in the form of numerous massive temples, many of which […]

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Ancient Coins – The Sacred Stone of Kaunos Coinage

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Kaunos was a prominent trading center in Asia Minor alongside Lycia and Caria. It was mentioned by ancient authors specifically because of how its customs and language differed from Caria. Until recently, it was not possible to decisively attribute any archaic or classical […]

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Ancient Coin Profile – The First Facing Portrait of a King

LYCIA. Dynasts of Lycia, Perikles (c.375-360 BCE), Silver Stater By Russell A. Augustin, AU Capital Management, LLC …… Lycia was a mountainous region in Anatolia with dramatic slopes that plunge into the sea. Many of its cities left the Delian League as Athens and Sparta fought the Peloponnesian War but in 429 BCE, Athens sent […]

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Ancient Coins – Zeus, the King of the Gods

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Depending on who was in control at the time, the electrum coinage of Phokaia and Mytilene in Ionia was struck as payment to either the Persian Empire or the Delian League. Issued semi-annually, the volume of coins minted was prolific – both mints […]

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Ancient Coins – The Most Famous Coin of Antiquity – the Athenian Owl

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ……   Athens was a great military power in ancient Greece and is considered the birthplace of Western civilization and democracy. After defeating the Persians at the Battle of Marathon in 490 BCE, Athens was brought into a golden age. During this period of […]

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Ancient Coins : Lydian Gold Considered the First Coins in the World

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Lydian Coins are considers to be the First Coins ever produced and used. The First Official Coin Natural resources are often a source of great wealth for a country, especially its king. The Pactolus River in Lydia, now modern day Turkey, was one […]

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A Guide to Ancient Coin Collecting

By Joe Jaroch –  Posted with Permission from AU Capital Management ………. Amassing a collection of ancient coins can seem like a daunting task: the U.S. Mint has existed for little more than two hundred years, but the Classical world spans a colossal twenty-one centuries. Where would a collection begin, let alone end? That’s where […]

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Ancient Coins: The Beginning of Coinage

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ……… The Beginning of Coinage Shown with expressive and diverse imagery today, ancient coins started from very humble beginnings. The ancient author Herodotus wrote that the Lydians were “the first people we know of to use a gold and silver coinage”. Through hoard evidence […]

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Ancient Greek Coins – The Tumultuous History of Kamarina

By Russell A. Augustin, AU Capital Management, LLC …… The history of Kamarina, a port city on the southern coast of Sicily, is among the most tumultuous of Ancient Greece. It was founded in 599 BCE by settlers from Syracuse and its location allowed it to grow quickly and amass substantial wealth through trade. However, […]

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Ancient Roman Gold Coins – Faustina, Wife of Marcus Aurelius

Ancinet Roman Gold Coin – Aureus of Faustina Junior, wife of Marcus Aurelius By Russell A. Augustin, AU Capital Management, LLC …… Annia Galeria Faustina was a daughter of Roman emperor Antoninus Pius. She was named after her mother and was her parents’ fourth and youngest child and their second daughter. She was also their only […]

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CoinWeek: Cool Coins! 2018 Episode 1: Amazing Mint Errors, Shipwreck Gold and More!

 CoinWeek Cool Coins! returns with this first episode for 2018. We are excited to share with you a new crop of cool stories about some of the most interesting coins, tokens, and medals that dealers and collectors show off on the bourse floor. Segment 1: Larry Shepherd talks about an original three-coin set of […]

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Ancient Coins – A Celebration of Music with a Greek “Guitar”

Olynthus, 355-352. Chalcidian league, 432-348. Tetradrachm, silver Ancient Greek “guitar” – the reverse depicts a kithara from which the word “guitar” is derived. By Russell A. Augustin, AU Capital Management, LLC ……   Fearful of Athens and the growing power of the Macedonian Kingdom, Olynthus and the other free cities of the Chalcidice banded together […]

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Ancient Greek Coin Design Features – Front Facing Portraiture

Greek Coins – An apparently unique variety (the only specimen known with this magistrate name) of an extremely rare type. By Russell A. Augustin, AU Capital Management, LLC ……   Undoubtedly the finest specimen known of this wonderful issue bearing one of the finest front facing portraits on Greek coins. Of extraordinary late Classical style […]

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The First Ancient Coins – Aegina’s Sea Turtle

Ancient Coins – ISLANDS off ATTICA, Aegina. Circa 550-530/25 BC. AR Stater. Sea turtle By Russell A. Augustin, AU Capital Management, LLC ….. Aegina is a rocky and mountainous island in the Saronic Gulf located about 25 miles southeast of Athens. It was settled by the Dorians around 900 BCE and was named after the […]

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Ancient Roman Coin – The Loyalty of Sextus Pompey

Roman Coin – Sextus Pompey; 42-40 BCE, Denarius By Russell A. Augustin, AU Capital Management, LLC ….. The title used on this Roman coin, praefectus classis et orae maritimae ex senatus consulto (“commander of the fleet and of the sea shores by decision of the Senate”), is a well-aimed insult to the other triumviri who […]

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Ancient Roman Coins – Octavian and the Battle of Actium

Octavian. Gold Aureus (7.8g) minted at Rome, 32-31 BC By Russell A. Augustin, AU Capital Management, LLC…. Octavian was the son of Julius Caesar’s niece and Caesar himself sponsored his introduction into public life when Octavian accompanied his uncle in his triumph over the Spanish in 46 BCE. Octavian was only 20 years old when […]

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Ancient Roman Coins – Rome at its Finest under Emperor Antoninus Pius

138-161 AD. Aureus, 7.30g (6h). Rome, 140-4 AD By Russell A. Augustin, AU Capital Management, LLC …… Antoninus Pius is remembered by history as a kind, just, and intelligent emperor. Having held the title for 23 years, the longest reign since that of Augustus, he had a great deal of time in office to make […]

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When It Comes to Ancient Coins, How Old Is Old Enough ?

By Wayne Sayles – Ancient Coins Collecting Blog …… The classification of cultures generally tracks along two interrelated lines: chronological and geographical. For centuries,  collectors struggled with the lack of a coherent system for cataloguing ancient coins and the vast array of issues from antiquity through the modern era. Joseph Eckhel (1737-1798), a secularized Jesuit […]

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Ancient Roman Coins – Military Strength in Rome’s Golden Age

Ancient Roman Coins – HADRIAN. 117-138 AD. Aureus  Struck 124-128 AD. By Russell A. Augustin, AU Capital Management, LLC …..   Hadrian was the third of the Five Good Emperors (all shown on ancient roman coins ), reigning during the peak of Roman prosperity. His ascension to the throne was met with some controversy as […]

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AU Capital Management: The Baldwin $10 Cowboy Gold Coin

AU Capital Management President Russ Augustin teams up with CoinWeek to tell the behind-the-scenes stories of the great gold coins of American history. In this episode, Russ talks about the fascinating 1850 Baldwin $10 gold coin, a private issue gold coin struck at the height of the California Gold Rush. It is a coin steeped […]

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Ancient Gold Coin Profiles – Civic Badge of Cyzicus

Ancient Gold Coin – Mysia, Cyzicus. Hekte circa 500-450 By Russell A. Augustin – AU Capital Management, LLC …. Cyzicus was one of the great trade cities of the ancient world. It was located on the Sea of Marmara and ruled by the Persian Empire until its capture by Alexander the Great in 334 BCE. […]

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Roman Coins – The Tribute Penny – Render unto Caesar what is Caesar’s

Tribute Penny – Tiberius (AD 14-37). AV aureus ). Lugdunum, ca. AD 18-35. The same type was also issued in silver, which became known as the “ Tribute Penny ” due to its famous reference in the Bible by Russell A. Augustin, AU Capital Management, LLC…. Providing significant contrast to the many people who would […]

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Ancient Greek Coins – New Style Athens Tetradrachm

Attica, Athens AR Tetradrachm. New Style Coinage, circa 154-153 BC by Russell A. Augustin, AU Capital Management, LLC…. Athens was once immensely powerful and independent, but its invincibility was ultimately disproved. It was conquered first by Sparta, then by Macedonia, and eventually by Rome. Athens’ value was well understood, and it was allowed to remain […]

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Ancient Greek Coins – The Enigma of the Oinoanda Didrachms

Oinoanda Didrachms were an unusual denomination by Russell A. Augustin, AU Capital Management, LLC…. Oinoanda, an ancient Greek city located in the upper valley of the Xanthus River, was built on the top of a high mountain in the ancient province of Lycia, now modern southwest Turkey. Little is known of the early history of […]

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Ancient Greek Coins – The Enigma of the Oinoanda Didrachms

Oinoanda Didrachms were an unusual denomination by Russell A. Augustin, AU Capital Management, LLC…. Oinoanda, an ancient Greek city located in the upper valley of the Xanthus River, was built on the top of a high mountain in the ancient province of Lycia, now modern southwest Turkey. Little is known of the early history of […]

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Ancient Greek Coins – Tetradrachm Celebrates Naval Victory by Doson

By Russell A. Augustin, AU Capital Management, LLC…. Tetradrachm Celebrates Naval Victory by Doson Antigonus III Doson was the King of Macedon from 229 to 221 BCE, 94 years after the death of Alexander the Great. His predecessor, Demetrius II, died in battle when his heir, Philip V, was only nine years old. Because of […]

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The Coinage of Aksum

by Mike Markowitz for CoinWeek…. Ancient Coin Series – the Coinage of Aksum Where the south declines towards the setting sun lies the country called Ethiopia, the last inhabited land in that direction. There gold is obtained in great plenty… –Herodotus, The Histories, Book 2 (c. 450 BCE) Five days march inland from the Red Sea, […]

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The Coinage of Aksum

CoinWeek Ancient Coin Series by Mike Markowitz ….   Where the south declines towards the setting sun lies the country called Ethiopia, the last inhabited land in that direction. There gold is obtained in great plenty… –Herodotus, The Histories, Book 2 (c. 450 BCE) FIVE DAYS MARCH INLAND from the Red Sea, on the hilly […]

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Ancient Coin Profiles – Portrait of Alexander the Great

Macedonia, Philip II, struck under Philip III; Kolophon, c. 322 BC, Stater By Russell A. Augustin, AU Capital Management, LLC…. With no mass media, ancient coins functioned as powerful tools for propaganda due to their portability and potential to circulate widely. Rulers would carefully choose their types and each element of the designs of their […]

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Ancient Coins – Alexander the Great Tetradrachms and Herakles’ Slaying of the Nemean Lion

MACEDONIAN KINGDOM. Alexander the Great Tetradrachms (336-323 BC). AR By Russell A. Augustin, AU Capital Management, LLC…. The early Macedonian kingdom did not have sufficient access to mines to be able to mass-produce influential coinage. However, when Philip II rose to power in 359 BC, he recognized the importance of mining and prioritized the acquisition […]

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Ancient Roman Coins – Vespasian Aureus, Buried at Pompeii

  Vespasian. AD 69-79. AV Aureus – Rome mint – Struck AD 70 By Russell A. Augustin – AU Capital Management, LLC …. Mt. Vesuvius began erupting on August 24, 79 CE and continued for two days, burying the Roman settlements of Pompeii and Herculaneum, among others. There were warning signs: small earthquakes started a […]

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Ancient Greek Coins – Agathokles’ Victory

Sicily, Syracuse. Agathokles. 317-289 BC. Silver Tetradrachm By Russell A. Augustin, AU Capital Management, LLC…. Agathokles was the last of the larger-than-life rulers of Syracuse, but he was not merely given the right to the throne. He was born in Thermae in 361 BC to a Greek manufacturer of pottery, but he quickly tired of […]

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Ancient Coins – A Soldier’s Share of Alexander the Great’s Plunder

By Russell A. Augustin, AU Capital Management, LLC…. Alexander the Great, born in the autumn of 356 BCE and taught by the famous Aristotle, was one of the most successful military generals of all time, conquering a large part of Asia and ruling a kingdom that spanned from the Ionian sea to the Himalayas before […]

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Ancient Roman Coins – A Conspiracy to Assassinate the Emperor Nero

Aureus 64-65, AV 7.27 g. NERO CAESAR – AVGVSTVS By Russell A. Augustin – AU Capital Management, LLC …. The name Nero holds a particularly sinister connotation due to how history remembers his cruel and self-indulgent tendencies. His reputation was equally negative during his reign, and the discontent came to a climax in 64 CE. […]

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Ancient Greek Coins – Zeus at Olympia

By Russell A. Augustin, AU Capital Management, LLC…. As the Olympics became progressively more popular, the city of Elis sought to build a new, larger temple which was worthy of Zeus, the king of the gods. The project to build the Temple of Zeus began in 470 BCE and was completed in 456 BCE. It […]

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AER Acquires Virtually Flawless $20 High Relief Saint-Gaudens Gold

In March 2017, the American Eagle Reserve acquired the unparalleled 1907 $20 High Relief Saint-Gaudens Wire-Rim certified by PCGS Mint State-69, further endorsed by CAC, for a price that is likely a record for this coin. The coin has since been sold into a private collection that contains many great high-grade U.S. gold coins. Most […]

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Ancient Coins: War and Peace – The Sikyon Stater

Sikyon was located in the northern Peloponnesus and was known in antiquity for its industries, including sculpture, bronze work, and pottery. Its central location meant it was frequently involved in the wars of its neighbors: Thebes, Corinth, Athens, and Sparta. It was the main mint for the anti-Athenian states in the Peloponnesian War and issued […]

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Ancient Greek Coins – Philip II the King of Macedonia

The tomb of Philip II of Macedon at the Museum of the Royal Tombs in Vergina By Russell A. Augustin, AU Capital Management, LLC…. The Colosseo Collection Philip II was the father of Alexander the Great and the youngest son of King Amyntas III. He took the throne in 359 BCE upon the death of […]

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Ancient Greek Coins – The Mythology of Ajax the Lesser

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection…. Opus was a small, infertile territory on the coast of mainland Greece, surrounded by larger, more powerful states. While their inhabitants, the Lokrians, made a relatively small impact in history, they produced a beautiful and extensive series of ancient greek coins. Mercenaries returning home […]

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Ancient Greek Coins – The Peak of Classical Artistry

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ….. Lampsakos has a storied past, having been a frequent source of contention between battling powers, changing hands between Lydia, Persia, Athens, and Sparta between the sixth and fifth centuries BCE. It was the first Greek city-state to see its gold coinage reach broad […]

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Ancient Greek Coins – The Eagles and Coinage of Akragas

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Akragas was a wealthy and powerful Greek state on the southern coast of Sicily, second only to Syracuse in importance. The city was famous for its lavish building projects, proudly displaying its wealth in the form of numerous massive temples, many of which […]

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Ancient Coins – How Elephants were Depicted on Ancient Coinage

CoinWeek Ancient Coin Series by Mike Markowitz …. STRONG, INTELLIGENT AND LONG-LIVED – yet surprisingly gentle – elephants have long exerted a powerful hold over the human imagination. Prehistoric cave paintings depict elephants and their extinct cousins, the wooly mammoth and mastodon. Ivory from elephant tusks was a precious raw material in the ancient world […]

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Ancient Coins – Zeus, the King of the Gods

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Depending on who was in control at the time, the electrum coinage of Phokaia and Mytilene in Ionia was struck as payment to either the Persian Empire or the Delian League. Issued semi-annually, the volume of coins minted was prolific – both mints […]

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Ancient Coins – The Most Famous Coin of Antiquity – the Athenian Owl

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Athens was a great military power in ancient Greece and is considered the birthplace of Western civilization and democracy. After defeating the Persians at the Battle of Marathon in 490 BCE, Athens was brought into a golden age. During this period of prosperity, […]

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Ancient Electrum Coins – Strength and Unity of an Empire

By Russell A. Augustin – AU Capital Management, LLC The Colosseo Collection ……   The ancient Greek island of Lesbos was located in the northeastern Aegean Sea off the coast of modern-day Turkey. Its largest and wealthiest city, Mytilene, was originally founded in the 11th century BCE by the Penthilidae family of Thessaly, who ruled […]

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Ancient Electrum Coins – Strength and Unity of an Empire

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… The ancient Greek island of Lesbos was located in the northeastern Aegean Sea off the coast of modern-day Turkey. Its largest and wealthiest city, Mytilene, was originally founded in the 11th century BC by the Penthilidae family of Thessaly, who ruled it until […]

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Ancient Coins : Lydian Gold Considered the First Coins in the World

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Lydian Coins are considers to be the First Coins ever produced and used. The First Official Coin Natural resources are often a source of great wealth for a country, especially its king. The Pactolus River in Lydia, now modern day Turkey, was one […]

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A Guide to Ancient Coin Collecting

By Joe Jaroch -  Posted with Permission from AU Capital Management ………. Amassing a collection of ancient coins can seem like a daunting task: the U.S. Mint has existed for little more than two hundred years, but the Classical world spans a colossal twenty-one centuries. Where would a collection begin, let alone end? That’s where […]

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Ancient Gold Coins : The First Circulating Gold Coinage & The Stag of Artemis

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ……… The First Circulating Coinage Little is known about this mysterious archaic electrum coinage, the first ancient gold coin. It was minted in Ionia, somewhere in central Western Anatolia on the shores of the Aegean sea, but scholars have yet to identify the precise […]

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Ancient Coins: The Beginning of Coinage

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ……… The Beginning of Coinage Shown with expressive and diverse imagery today, ancient coins started from very humble beginnings. The ancient author Herodotos wrote that “the Lydians were the first people we know of to use a gold and silver coinage”. Through hoard evidence […]

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Ancient Coins – A Celebration of Music with a Greek “Guitar”

Olynthus, 355-352. Chalcidian league, 432-348. Tetradrachm, silver Ancient Greek “guitar” – the reverse depicts a kithara from which the word “guitar” is derived. By Russell A. Augustin, AU Capital Management, LLC …. Fearful of Athens and the growing power of the Macedonian Kingdom, Olynthus and the other free cities of the Chalcidice banded together in […]

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Uncool Coins! #3 – A $4 Stella Gold Coin of Ill-Repute – 4K Video

You know you can trust CoinWeek to tell it like it is. In this episode of CoinWeek’s popular Uncool Coins!, rare coin dealer Russ Augustin of AU Capital Management shares with us the story of one of the U.S. series’ great rarities, an 1879 Stella $4 gold pattern coin. This is a coin that often […]

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Ancient Coin Profile – The First Facing Portrait of a King

LYCIA. Dynasts of Lycia, Perikle (c.375-360 B.C.), Silver Stater By Russell A. Augustin, AU Capital Management, LLC…. Lycia was a mountainous region in Anatolia with dramatic slopes that plunge into the sea. Many of its cities left the Delian League as Athens and Sparta fought the Peloponnesian war but in 429 BC, Athens sent an […]

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Ancient Greek Coins – Kamarina’s Tumultuous History

By Russell A. Augustin, AU Capital Management, LLC …… The history of Kamarina, a port city on the southern coast of Sicily, is among the most tumultuous of Ancient Greece. It was founded in 599 BC by settlers from Syracuse and its location allowed it to grow quickly and amass substantial wealth through trade. However, […]

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Ancient coins – Coinage of the Ancient Olympics

Elis, Olympia, 87th-90th Olympiad, 432-420 BC. AR Stater [1] By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… One of the few ancient traditions to survive until the modern world is the Olympics. Occurring in the same four-year cycle today as in antiquity, they mark a time when differences are put aside […]

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Ancient Coin Profiles – Civic Badge of Cyzicus

  Mysia, Cyzicus. Hekte circa 500-450 By Russell A. Augustin, AU Capital Management, LLC…. Cyzicus was one of the great trade cities of the ancient world. It was located on the Sea of Marmara and ruled by the Persian Empire until its capture by Alexander the Great in 334 BC. Starting in the first half […]

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US Gold Coins – Unsurpassed Transitional Year 1907 Gold Set

AU Capital Management, LLC is proud to offer this 1907 U.S. Gold three-coin set comprised of the 1907 High Relief Saint-Gaudens Double Eagle graded PCGS MS-69 CAC, the 1907 Rolled Edge $10 Indian Eagle PCGS MS67 and the 1907 No Motto $10 Indian Eagle PCGS MS68 CAC. This unique group of three coins is unquestionably […]

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Roman Coins – The “Tribute Penny” – Render unto Caesar what is Caesar’s

Tiberius (AD 14-37). AV aureus (19mm, 7.84 gm, 7h). Lugdunum, ca. AD 18-35. by Russell A. Augustin, AU Capital Management, LLC…. Providing significant contrast to the many people who would eventually die fighting for their spot as emperor of Rome, Tiberius didn’t particularly want the title. He was Augustus’ stepson and became emperor in 14 […]

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Ancient Coin Profiles – Portrait of Alexander the Great

Macedonia, Philip II, struck under Philip III; Kolophon, c. 322 BC, Stater By Russell A. Augustin, AU Capital Management, LLC…. With no mass media, ancient coins functioned as powerful tools for propaganda due to their portability and potential to circulate widely. Rulers would carefully choose their types and each element of the designs of their […]

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Ancient Coins – A Soldier’s Share of Alexander the Great’s Plunder

  By Russell A. Augustin, AU Capital Management, LLC…. Alexander the Great, born in the autumn of 356 BC and taught by the famous Aristotle, was one of the most successful military generals of all time, conquering a large part of Asia and ruling a kingdom that spanned from the Ionian sea to the Himalayas […]

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Ancient Coins – War and Peace – the Sikyon Stater

Sikyon was located in the northern Peloponnesus and was known in antiquity for its industries, including sculpture, bronze work, and pottery. Its central location meant it was frequently involved in the wars of its neighbors: Thebes, Corinth, Athens, and Sparta. It was the main mint for the anti-Athenian states in the Peloponnesian war and issued […]

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Ancient Greek Coins – The Mythology of Ajax the Lesser

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection…. Opus was a small, infertile territory on the coast of mainland Greece, surrounded by larger, more powerful states. While their inhabitants, the Lokrians, made a relatively small impact in history, they produced a beautiful and extensive series of coins. Mercenaries returning home after the […]

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Ancient Coins – The Wealth of the Persian Empire

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Thanks to intelligent political leadership and forward-thinking approaches to governing, the Persian Empire quickly became a substantial power of the ancient world. By not interfering with local customs or religions and granting equal rights for all citizens as long as taxes were paid, […]

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Ancient coins – Coinage of the Ancient Olympics

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… One of the few ancient traditions to survive until the modern world is the Olympics. Occurring in the same four-year cycle today as in antiquity, they mark a time when differences are put aside and the world’s attention focuses on athletic competition between […]

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Ancient coins – Coinage of the Ancient Olympics

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… One of the few ancient traditions to survive until the modern world is the Olympics. Occurring in the same four-year cycle today as in antiquity, they mark a time when differences are put aside and the world’s attention focuses on athletic competition between […]

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Ancient Coins: The Eagles of Akragas

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Akragas was a wealthy and powerful Greek state on the southern coast of Sicily, second only to Syracuse in importance. The city was famous for its lavish building projects, proudly displaying its wealth in the form of numerous massive temples, many of which […]

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Ancient Coins: The Sacred Stone of Kaunos

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Kaunos was a prominent trading center in Asia Minor alongside Lycia and Caria. It was mentioned by ancient authors specifically because of how its customs and language differed from Caria. Until recently, it was not possible to decisively attribute any archaic or classical […]

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Ancient Coins : Zeus, the King of the Gods

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Depending on who was in control at the time, the electrum coinage of Phokaia and Mytilene in Ionia was struck as payment to either the Persian Empire or the Delian League. Issued semi-annually, the volume of coins minted was prolific – both mints […]

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Ancient Coins : The First Official Coin

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… The First Official Coin Natural resources are often a source of great wealth for a country, especially its king. The Pactolus River in Lydia, now modern day Turkey, was one of the most significant sources of electrum in the ancient world, and it […]

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Ancient Coins : The First Circulating Gold Coinage & The Stag of Artemis

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ……… The First Circulating Coinage Little is known about this mysterious archaic electrum coinage. It was minted in Ionia, somewhere in central Western Anatolia on the shores of the Aegean sea, but scholars have yet to identify the precise city-state that produced this sophisticated […]

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