Rare Roman coin sold at auction for 1.98 million euros

by Laura Richards – Editor-in-Chief

2024-12-10 ‍08:30:00

The coin weighs eight grams‌ and⁣ is the size of a 1 euro coin. It was minted ⁣around 43 BC by Brutus and his supporters after ‌he assassinated Caesar the year before, ​as Frank⁣ Baldacci of ‌Numismatica Genevensis explained before the auction. the⁤ coin features the profile of Brutus on‍ the obverse, surrounded by a laurel wreath.On the back are depicted war symbols to refer to his‍ military victories.

The ‌laurel wreath in particular ⁣is a sign of “someone‌ who‌ wants‌ to be emperor,” Baldacci‌ said. ⁤The distribution of coins had a ‍”propaganda value” for Brutus. According to the auction ​house, only ⁢17 such artifacts remain.

the coin currently⁣ up for auction appeared in the 1950s in⁤ the catalogue of a ​private collector‍ and was sold at ‌auction in 2006 to another private collector for 360,000 Swiss francs (around 388,000 euros at todayS exchange ⁢rate).

How does the rarity of⁤ historical⁣ coins ‌like Brutus’⁣ impact‌ their market value and collector interest?

Title:⁤ Unveiling History:⁣ The Significance of Brutus’ Coin⁣ Auction – An Interview with Expert ⁤Frank Baldacci

Introduction:

In a remarkable ‌turn of historical events, a rare coin minted by Brutus in 43 BC is set to go under the hammer, drawing considerable attention from collectors and historians alike. To shed light on this exquisite artifact, ​we spoke with Frank Baldacci, an expert from Numismatica⁢ Genevensis. In this interview,we explore⁣ the coin’s historical context,its implications within numismatics,and practical advice for potential bidders.


Q1: Frank,thank⁣ you for joining us.⁢ can ‍you tell us more about ​the coin minted by Brutus? What makes it so significant?

Frank Baldacci:

Thank you for having me. This particular coin is remarkable not only because it weighs eight grams and is the size of a⁣ one-euro coin, but also because it was minted shortly‌ after​ the assassination of Julius Caesar⁣ in 44 BC.The coin features Brutus’ profile surrounded by a laurel wreath on the obverse, which ‌symbolizes victory and ambition—indicating Brutus’ aspirations for power, possibly ⁤as ​a future emperor.


Q2: The laurel ⁢wreath plays a crucial role here. Can you elaborate on its symbolism?

Frank Baldacci:

Absolutely. The laurel wreath is a traditional emblem of triumph and honor in ancient Rome. in Brutus’ case, it serves as a⁢ clear indication‌ of his desire for legitimacy and authority in the wake ‍of his actions against Caesar. This coin was a​ powerful propaganda tool, projecting Brutus as a military leader⁢ and a figure of significance in Rome, which made it crucial for his supporters during that turbulent time.


Q3: You mentioned that only 17‌ such ⁢coins still exist. How does this rarity effect its value?

Frank Baldacci:

The rarity ​of this artifact ⁤dramatically increases its value. Given that only 17 examples are known to remain, collectors are frequently enough exceptionally ‍drawn to items‌ with limited availability. The coin was ​previously sold for ​360,000 Swiss francs at auction in 2006, and given its historical significance and ​rarity, we expect it to fetch a considerably higher price‌ in the upcoming auction.⁣


Q4: For those interested in ⁤collecting historical coins, what practical advice would you offer?

Frank Baldacci:

Firstly, I would advise prospective collectors to conduct thorough research. Understand the historical context of the coins you’re interested in, as that adds‍ intrinsic value. Secondly,‍ consider the provenance – a well-documented history can significantly enhance a⁢ coin’s marketability. Lastly, don’t just focus on the price; appreciate the historical story behind ‌the coin. Always consult with reputable dealers, as their expertise can guide you in making informed decisions.


Q5: Looking ahead, what implications does the auction of this Brutus coin have for the numismatic market?

Frank Baldacci:

This ​auction certainly has considerable implications for the numismatic market. ⁣High-profile pieces⁤ like this can reignite interest in ancient coins among new collectors. It can lead to rising prices in similar artifacts as demand⁢ increases. Additionally, auction results can⁣ set benchmarks that influence future sales and collecting trends. the attention ‍surrounding this coin emphasizes the intersection between history and‌ economics in the ‌world of numismatics.


Conclusion:

As the auction for Brutus’ coin ‍approaches, the blend of history, artistry, ​and value ‌captures ⁢the imagination. For both seasoned collectors and newcomers,it’s a unique opportunity⁣ to engage with the past. We thank‌ Frank Baldacci for‌ providing insight into this engaging piece of history, guiding⁤ us through the world of ancient coins and their enduring significance.⁣

Keywords: Brutus coin auction, ancient coins, numismatics, coin ⁣collecting, historical artifacts, rarity in collecting, coin value,‍ Frank Baldacci.

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