Make Kitco Your Homepage

Gold Coin From 3rd Century B.C. Discovered In Egypt

Kitco News

Gold Coin From 3rd Century B.C. Discovered In Egypt

(Kitco News) - Egyptian archeologist discovered a gold coin from the 3rd century B.C. depicting King Ptolemy III, who ruled Egypt from 246 B.C. to 222 B.C. and was an ancestor of Cleopatra.

The find is grabbing the attention of gold coin buffs.

The historic one-ounce gold coin was found amid the remains of an unearthed red brick building from the Greco-Roman period located north of Cairo and east of Alexandria.

The site is believed to be the remnants of a Roman bath.

Egyptian Ministry of Antiquities said the coin was made sometime during the reign of King Ptolemy IV — 221 B.C. to 205 B.C — in memory of his father.

One side of the coin shows the profile of King Ptolemy III wearing a crown and the other side depicts a symbol of prosperity in the shape of cornucopia surrounded by the King’s name.

Other items discovered at the site were bronze tools, a ram statue, pottery, and terracotta statues.

Archeologists have plans to continue their excavation work to find out more about the building located in Gharbia province.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News