A question about coins.

[lim]

Hello, recently I began to notice how similar wholesale lots began to appear instead of high-quality coins. It immediately became unclear where the high-quality Macedonian coins had gone from the market? And are the coins sold in wholesale lots genuine? And do these coins belong to the Syrian forgeries?

[JayAg47]

Definitely some sort of ‘unnamed’ hoard find. All coins appear genuine albeit worn.

[lim]

I take it these are the remains of treasures? For example, they find a treasure. 20% of the treasure is high-quality coins, and 80% are so grated.

[JAZ Numismatics]

I don't think there's anything new or mysterious about bulk lots of Alex drachms in low grades. They were struck by the millions over a wide swath of the ancient world over a long period of time, and they circulated heavily. They're as common as some LRB's. Almost every auction at CNG has a few bulk lots of Alex drachms, and that goes back many years.

[-monolith-]

The Alexander III drachm and tetradrachm were the most minted of all ancient coins. Tens of millions were produced during his life time and for more than 100 years after his death.  They were minted at dozens of mints:

During Alexander's lifetime: 25 mints produced Alexander's coins, including two in Macedonia, one in Egypt, and 23 in Asia.

Immediately after Alexander's death: 31 mints produced Alexander's coins.

For over a century after Alexander's death: 51 mints produced Alexander's coins, mainly tetradrachms.

They are continually finding new hoards making them even more common. Group lots of good condition and better can be found at most large auctions as there just not worth the time to be listed individually. To be honest I just scroll past all of them as they are plentiful and will always be for sale.  

[lim]

Are the coins in this condition because they were in the ground or because of walking?

[lim]

And how did the coins survive in this quality?

[JAZ Numismatics]

9 minutes ago, lim said:

And how did the coins survive in this quality?

Collectors. As long as there have been coins, there have been collectors. Also, sometimes hoards of newly-minted coins are found, once they've been cleaned they're as good as new.

[lim]

Is it found in jugs?

[lim]

Most likely, those worn coins were in circulation. After all, it was the drachmas that were more often in use.

[-monolith-]

They look lie they were heavily circulated.