Granada Gold Investments 
Brokering Bullion and Rare and Unique Coins

History of Rare Coins


Brief History of Coins

Numismatics originated millennia ago when coin collectors went in search of the rarest of coins for their portfolios. Most notable collectors would have been wealthy, elite. And the most noble amongst them were kings. Coin collecting goes as far back as Ancient Rome. But the numismatics we practice today extends back to the British Empire.

A large gold coin back then could be equivalent to a year's wage for a man. The wealthy would assemble sets of this precious gold. Engraved precious metals were sought after more than paintings or tapestries, because metal would outlast both of those and these engravings would tell a story of politics, of religion, of legacy.

Portrayals of sovereigns to their image would exemplify prestige, honor and power and great care was taken to assume a flattering result. Before there was internet, social media, newspapers or the printing press, there were engraved precious metals sending political messages in coinage. Every nation wanted to rule the world. In the 17th century Great Britain held world domination with its conquest of Africa. Much gold was removed from there as the throne was being established by King Charles II. Here the Royal African Company was founded and gold was mined, brought to Great Britain and minted.

With the sudden economic downturn we're experiencing, it's time to get acquainted with numismatics, especially if you're looking to expand and diversify your investments, starting with rare gold coins of the British Empire. British coins are extraordinary in their historical account, their, composition, style, and range of sizes. Throughout numismatic history, until recently, Great Britain’s coins have been the world’s most valuable, until sophisticated marketing changed the game.

The numismatic marketplace in the US transformed the face of the trade. In the 1960s the US modernized the grading system, thus expanding the value of rare coins. Numismatic experts then linked the coin market via the teletype machine and created a communication and pricing system. Directly following this, in 1963 a weekly newsletter was developed, the Coin Dealers Newsletter (CDN). A decade later and coin mega shows began, as well as professionally 70-point grading. The 80s saw a guaranty corp emerge, followed by electronic trading and the population report, which listed the rarest coins. Today rare coins are the most valuable. Besides rarity, coinage values are designated by their metallic content, their popularity and their condition. Working with a broker can help determine which rare and unique coins are best suited for the investment your seeking, and they can steer you to the market trends. We work with the most trustworthy dealers in the numismatic market.

History of Coins