Ancient Coins: How old is “Ancient”?
By Wayne Sayles – Ancient Coin Collecting Blog
The classification of cultures generally tracks along two interrelated lines: chronological and geographical. For centuries, coin collectors struggled with the lack of a coherent system for cataloguing the vast array of issues from antiquity through the modern era. Joseph Eckhel (1737-1798), a secularized Jesuit abbot who served as numismatist to the imperial court of the Holy Roman Empire, devised a system for arranging coins geographically that is still in use today.
This system basically records coins in a progression beginning at the northeast quadrant of the Mediterranean basin and continuing from west to east, then south through the Levant and from east to west through northern Africa. Though far from perfect, nobody has yet devised a better approach for non-Roman coins. The classification of coins and cultures into chronological divisions is far more complex than the Echkel scheme.
Chronologically, the primary divisions of coinage are almost universally accepted as being Ancient, Medieval and Modern. Within the United States, collectors tend to separate U.S. coins from the modern coins of other nations by referring to the latter as “World Coins.” Coins in the West were first struck in Western Anatolia during the 7th century BC. The transition point between ancient and medieval is more difficult to date.
Some would argue that the end of the ancient period is coincident with the fall of Rome in AD 476. Others choose the accession of Anastasius I in AD 491 as the transition point. But, almost everyone who collects “Byzantine” coins thinks of them as being “ancient” even though they start with the accession of Anastasius and end in 1453 with the fall of Constantinople.
Likewise, coins struck in India and Central Asia are typically thought of as ancient up to the Islamic conquests, which did not happen at a single point in time.
Further complicating the chronological classification, coins of the post-Roman era in western Europe (e.g. Spain, Gaul, Britain and Germany) from as early as the sixth century AD are thought of by many as ‘Medieval”.
In fact, by the time of Constantinople’s fall, some coinage in western Europe is already being thought of by collectors and scholars as falling into the “Modern” or “World” classification. The incongruity is difficult to understand and even more difficult to explain to a new collector.
Illustration Note: [Above] Imago Mundi – Babylonian map, the oldest known world map, 6th century BCE .
From a purely practical point of view, the distinction may not be all that important. After all, a rose is a rose…. But, to a cataloguer it is frequently a conundrum. Perhaps the next Joseph Eckhel is reading these lines right now and conjuring up a system that will allow for the vastly differing cultural environments and reshape our definitions in a way that seems sensible.

1. Bring Out Your Dead. Every collector has them. Duds. Bad deals. Low end duplicates. You know what I’m talking about: the Dead Zone of your collection. These coins may represent more value than you realize. As an example, I recently had a relatively expensive double eagle in stock that a collector wanted for his set but he had no extra money at the time. I had him send me a list of the dead coins he owned; bullion, generic Saints, Morgan dollar rolls, etc. The value of his “stuff” was considerably more than he realized and he was actually in a nice profit position on his bullion. The choice to trade spillage for one nice, rare coin was easy for him to make. And the good news was that he had enough money left over so that he can actively pursue another neat coin or two.
Each place chronicles a rich history founded in capturing natural resources and refining them into tangible representations of our history. Living in the Northwest, we are thousands of miles from any of these sites. While some old mines exist in the state, the real history of Washington State lies in the old growth forests. The “American” history of the region is for all intent and purpose quite young. But, sometimes you don’t have to look far to find a piece of numismatic lore right in your own back yard.
After returning to his home, Meeker wrote an acclaimed book on the subject entitled The Lost Trail, Meeker again braved the 2,000 mile trail with an ox drawn wagon in 1910. He was again to promote its preservation, but this time he intended to map the route. He was in favor of a transcontinental railroad along a similiar course, which he also intended to lobby for. Despite completing the trail, and the map, his second trip was somewhat of a failure. When he arrived out East he was contacted by the Senate and told not to come to D.C. After some other tribulations, he found his way back to Washington State. He continued to campaign, worked on a movie, lectured and published another book – Ox Team Days. Eventually he’s instrumental in the formation of the Oregon Trail Memorial Association. Through that organization he petitioned Congress getting final approval for the Oregon Trail Commemorative in 1926. The proceeds from the distrubution were used to mark the trail. 

