The classification of cultures generally tracks along two interrelated lines: chronological and geographical. Chronologically, the primary divisions of coinage are almost universally accepted as being Ancient, Medieval and Modern.
Within the United States, collectors tend to separate U.S. coins from the modern coins of other nations by referring to the latter as "World Coins." Coins in the West were first struck in Western Anatolia during the 7th century BC. The transition point between ancient and medieval is more difficult to date. Some would argue that the end of the ancient period is coincident with the fall of...
Full Article: How old is "Ancient"? - Ancient Coin Collecting
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