![]() They were made in a workshop space known as a mint, resembling a blacksmith’s shop. Romans made coins out of flat, round discs, or ‘mints’ of pressed metal, developing a technique now known as minting – in fact, we still use the term ‘minted’ to describe someone rich today! Nowadays the minting process is all done by machines in factories, but the Romans made their minted coins entirely by hand. Moreover, contrary to alternative investments like whiskey, fine wine, land etc., there are dozens of coin auctions each year, so selling a collection of ancient coins is easy.Making Roman Coins: The Minting Process Denarius Roman coin featuring Emperor Augustus, image courtesy of APMEX So, a collection of ancient coins that pairs quality to rarity can be a stable diversification in a securities-portfolio. The advantage of ancient coins as an investment is the low correlation with other markets. But then, a carefully composed collection can pay out a good dividend. Ancient coins should ideally be held in portfolio for 20 years or more. And as an investment one must not expect quick gains like in today’s stock market.
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