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The three most important standards of the ancient Greek monetary system were the Attic standard, based on the Athenian drachma of 4.3 grams (2.8 pennyweights) of silver, the Corinthian standard based on the stater of 8.6 g (5.5 dwt) of silver, that was subdivided into three silver drachmas of 2.9 g (1.9 dwt), and the Aeginetan stater or didrachm of 12.2 g (7.8 dwt), based on a drachma of 6.1 g ...
In ancient Greece, it was generally reckoned as 1 ⁄ 6 drachma (c. 0.72 grams or 11 grains). [14] [15] Under Roman rule, it was defined as 1 ⁄ 48 Roman ounce or about 0.57 g (9 gr). [16] The apothecaries' system also reckoned the obol or obolus as 1 ⁄ 48 ounce or 1 ⁄ 2 scruple. While 0.72 grams was the weight of a standard Greek obol ...
The Aeginetan standard, based on the coinage issued by Aegina had a stater of 12.4 g, which was divided into a half-stater or drachma of 6.2 g, a quarter-stater of 3.1 g, and twelve obols of 1.0 g each. [2] [1] This was the main trading standard in the Greek world in the Late Archaic period. In the second half of the sixth century BC, the ...
The ancient drachma originated in Greece around the 6th century BC. [1] The coin, usually made of silver or sometimes gold [2] had its origins in a bartering system that referred to a drachma as a handful of wooden spits or arrows. [3] The drachma was unique to each city state that minted them, and were sometimes circulated all over the ...
The stater (/ ˈ s t eɪ t ər, s t ɑː ˈ t ɛər /; [1] Ancient Greek: στατήρ, pronounced [statɛ̌ːr], romanized: statḗr, lit. 'weight') was an ancient coin used in various regions of Greece. The term is also used for similar coins, imitating Greek staters, minted elsewhere in ancient Europe.
963–969), however, introduced a new coin, the [nomisma] tetarteron ("quarter [coin]") which was 2 carats (i.e. about 1 ⁄ 12, despite its name) lighter than the original nomisma. The latter now became known as the histamenon , from the Greek verb ἵστημι , "to stand up", implying that these followed the traditional standard.
Whether you want to collect coins as an investment, as pieces of art and history, or as a hobby, a lot of ancient examples are worth money. Check Out: Coin Auction Newbie? Tips for Buying and ...
It is significant the Ballaios also had silver coins minted, which indicates his wealth and power, since elsewhere in Hellenistic Dalmatia silver coinage is very rarely documented from Greek/Illyrian mints. The weight of the bronze coins of Ballaios is between 1.0 and 4.5g, while most of the documented specimens weigh between 2.0 and 2.5g.