Author Archive: Russell A. Augustin

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Ancient coins – Coinage of the Ancient Olympics

Ancient coins – Coinage of the Ancient Olympics

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… One of the few ancient traditions to survive until the modern world is the Olympics. Occurring in the same four-year cycle today as in antiquity, they mark a time when differences are put aside and the world’s attention focuses on athletic competition between […]

Ancient Coins: The Eagles of Akragas

Ancient Coins: The Eagles of Akragas

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Akragas was a wealthy and powerful Greek state on the southern coast of Sicily, second only to Syracuse in importance. The city was famous for its lavish building projects, proudly displaying its wealth in the form of numerous massive temples, many of which […]

Ancient Coins: The Sacred Stone of Kaunos

Ancient Coins: The Sacred Stone of Kaunos

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Kaunos was a prominent trading center in Asia Minor alongside Lycia and Caria. It was mentioned by ancient authors specifically because of how its customs and language differed from Caria. Until recently, it was not possible to decisively attribute any archaic or classical […]

Ancient Coins : Zeus, the King of the Gods

Ancient Coins : Zeus, the King of the Gods

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Depending on who was in control at the time, the electrum coinage of Phokaia and Mytilene in Ionia was struck as payment to either the Persian Empire or the Delian League. Issued semi-annually, the volume of coins minted was prolific – both mints […]

Ancient Coins: The Most Famous Coin of Antiquity

Ancient Coins: The Most Famous Coin of Antiquity

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Athens was a great military power in ancient Greece and is considered the birthplace of Western civilization and democracy. After defeating the Persians at the Battle of Marathon in 490 BC, Athens was brought into a golden age. During this period of prosperity, […]

Ancient Coins: Strength and Unity of an Empire

Ancient Coins: Strength and Unity of an Empire

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… The ancient Greek island of Lesbos was located in the northeastern Aegean Sea off the coast of modern-day Turkey. Its largest and wealthiest city, Mytilene, was originally founded in the 11th century BC by the Penthilidae family of Thessaly, who ruled it until […]

Ancient Coins : The First Official Coin

Ancient Coins : The First Official Coin

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… The First Official Coin Natural resources are often a source of great wealth for a country, especially its king. The Pactolus River in Lydia, now modern day Turkey, was one of the most significant sources of electrum in the ancient world, and it […]

Ancient Coins :  The First Circulating Gold Coinage & The Stag of Artemis

Ancient Coins : The First Circulating Gold Coinage & The Stag of Artemis

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ……… The First Circulating Coinage Little is known about this mysterious archaic electrum coinage. It was minted in Ionia, somewhere in central Western Anatolia on the shores of the Aegean sea, but scholars have yet to identify the precise city-state that produced this sophisticated […]

Ancient Coins: The Beginning of Coinage

Ancient Coins: The Beginning of Coinage

By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection ……… The Beginning of Coinage Shown with expressive and diverse imagery today, coinage started from very humble beginnings. The ancient author Herodotos wrote that “the Lydians were the first people we know of to use a gold and silver coinage”. Through hoard evidence and […]

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