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Rare Armenian Coin Turns Up At Vermont Estate Sale

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  • Rare Armenian Coin Turns Up At Vermont Estate Sale

    RARE ARMENIAN COIN TURNS UP AT VERMONT ESTATE SALE

    http://hetq.am/en/culture/14745/
    2009/08/19 | 10:45

    Culture

    A rare Armenian coin, dating back to the 10th or 11th century, has
    shown up in a box of old coins purchased for $28.25 at an estate sale
    in Vermont, U.S.

    The prize coin was an Armenian bronze follis of "Kiurike the
    Kouropalates". Modeled after contemporary coins of the Byzantine
    Empire, it belongs to the first coinage with Armenian inscriptions.

    The precise attribution of the coin is debated since it contains
    no indication of date or mint. NGC says that authorities generally
    agree that it is from Lori, a region in northeastern Greater Armenia,
    and that it likely was struck in the city of Tashir.

    The inscription, which is the earliest appearance of Armenian language
    on a coin, translates to "May God aid Kiurike the Kouropalates," and
    shows that the issuer claimed the title Kouropalates ("charge of the
    palace"), a rank awarded by Byzantine emperors to vassal rulers of
    Armenia. However, scholars are divided over which Kiurike issued the
    coin, some preferring the dynast Kiurike I (c. 979-989) and others
    his grandson Kiurike II (c. 1048-1100).

    It was Richard Martineit's good fortune to be at that auction in
    October 2007, where more than 1,500 lots were sold over two days. One
    that caught his eye was a group of 13 coins in a box labeled "Roman &
    Ancient pieces."

    It contained a variety of silver and base metal coins issued from
    the 3rd century B.C.E. to the 11th century C.E. Highlights included
    a Roman silver denarius of 41 B.C.E. with the portraits of warlords
    Marc Antony and Octavian, and three coins struck by Greek and Roman
    rulers of Egypt.

    Without proper identification, the Armenian coin might have remained
    unknown until it entered the marketplace as an ordinary Byzantine
    coin, valued at perhaps $50, according to Numismatic Guaranty
    Corporation. the firm that appraised the coins.
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