NGC ancient coin question

[CaliforniaTim-migration]

Hello all!

 

I like many of you here buy coins from Ebay - only slabbed coins. I recently purchased an ancient coin slabbed by NGC.

 

It reads on it:

 

"GREEK (366-323BC) NGC VERY FINE 4DR ALEXANDER THE GREAT MONEY OF THE BIBLE"

 

The seller told me it was authentic, but I was wondering why it would say "Money of the Bible" on it?

 

Any clues?

 

Thanks for any help!

 

Tim from California

[the_Thing ®]

Tim, I posted this in the other forum...

 

I believe it is a silver drachma ie "DR" of Alexander the Great. The drachma is mentioned in the Old Testament. Judas sends 12,000 drachmas to Jerusalem so that sacrifices may be offered for the dead. In the New Testament, Christ used the term "drachma" in a story referring to a woman who had ten of them and lost one.

 

If it is slabbed by NGC, I wouldn't worry about the authenticity.

[the_Thing ®]

the "4" refers to the value of the coin, 4 drachmas ie 4DR, or usually known as a tetradrachma. I guess using "4DR" saves a lot of room instead of "tetradrachma".

[CaliforniaTim-migration]

Thank you the_Thing

[shanonmore]

Okay, NGC makes "Special Holders" now, what are the chances I can slab a 4 oz silver Balboa from 1974? I don't even know if it's in the countries allowed but, I really don't know how to protect it. What about a 1790 Porcelein Hong Kong Coin? Anybody have a clue as to have to preserve special artifacts like these that are in great shape now, but you worry about over time?

[Jay Turner]

I full list of world coins we grade can be found here: http://www.ngccoin.com/services/worldcoins.asp

 

NGC does not currently grade Porcelain coins.

 

Jay Turner

NGC Grader and Attributor