Appeal - is the coin particularly exotic, interesting or historically important?.Scarcity - how many of the coins are known to exist today?.Condition - is the coin in nice condition, can the design be clearly seen?.That means there are hammered coins from many different periods, in many different conditions, and with differing mintages, so a lot depends on these factors: Are hammered coins valuable?īecause hammered coins were produced across the world for many centuries, there are many hundreds of thousands out there, either in collectors' hands, in museums and collections, or waiting to be discovered (often by metal detectorists). This information is often hard to decipher, especially if the coin is very old or off centre. Most hammered coins will have included information such as the ruler of the region or country, the denomination, and the mint at which the coin was produced – giving collectors the chance to work out where and when the coin was issued. If you answer yes to these questions, it's very likely to be a hammered coin. If you are not sure if a coin is hammered, ask yourself: Milled coins were much more uniform and are more similar to the coins we use today. In the UK, milled coinage was trialled during the reign of Elizabeth I, but production of hammered coins eventually stopped for good in 1662 as milled coins, created by a machine, were adopted. It wasn't until the 17th century that the method of creating coins changed. The main periods for collectors of hammered coins produced in Britain are: Hammered coins were used in the first millennium BC, so they are the first type of coins to be used. Want even more coin collecting information, market insight and in-depth collecting guides? Try the latest issue of Coin Collector magazine today! Click here to order a copy. This practice was illegal and considering counterfeiting, and the punishment was often severe - including being sentenced to death! The off-centre varieties created meant that the proper diameter of the coin was not clear, and this led to people 'clipping' the coins – snipping off small pieces of the coin and pocketing the precious metal, before collecting enough to melt it down for profit. Rather than each coin being identical, as is the case with modern coins, very few coins are exactly the same.
This element of human error actually makes hammered coins more interesting and collectable. Therefore hammered coins can often be found 'off-centre' or with a double strike.
#HAMMERED SILVER COINS FOR SALE MANUAL#
But in 61AD with the death of King Prasutagus and the suppression of the Boudiccan revolt that followed, Celtic coinage came to an end.The archaic method of creating coins was not without its flaws, and due to the manual approach the metal planchet would often move, meaning the design was not as central as intended. The first inscribed staters to appear were inscribed 'COMMIOS' possibly issued by Caesar's Commius.Ĭoinage still continued to be produced after the Roman invasion of 43AD. Latin legends began to appear for the first time.
The production of gold coins started c70BC with the 'Westerham Stater' being the first distinctive British Stater.įrom Julius Caesars expeditions to Britain in 55/54BC to the Claudian invasion in 43AD, southern Britain was increasingly influenced by the Romans. The first British coins to be produced were the cast bronze "Thurrock Potins" c100BC. The (A) being derived from the Macedonian gold staters of Philip II (359-336B.C.)Ĭoins were brought to Britain by trade, as pay for returning mercenaries, by raiders and settlers from the Continent, and gifts between tribal leaders. The earliest coins to circulate in Britain c150BC were made in Gaul and are known as Gallo-Belgic A-F. They were struck by hand in gold, silver and bronze and used for approximately 150 years. Celtic coinage is the most intriguing and varied of all the British coins as no one knows specifically for whom, when or where they were produced.
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