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Coins were first made of scraps of metal by hitting a hammer positioned over an anvil. The Chinese produced primarily cast coinage, and this spread to South-East Asia and Japan. Although few non-Chinese cast coins were produced by governments, it was a common practice amongst counterfeiters. Electrum coin from Ephesus, 650-625 BC.
The Phanes coins are a series of coins issued in seven denominations: stater, 1/3, 1/6, 1/12, 1/24, 1/48, and 1/96 stater. The staters weigh 14.1 grams. All of the coins have the image of a stag or part of a stag on them. [1] The coins were likely struck at Ephesus. [2] The stater and 1/3 stater coins from this series both bear Greek ...
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 ...
The coin follows the design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design. This was the first time the United States government minted pure (.9999) 24-karat gold coins for the public. The coin contains one-troy ounce (31.1g) of pure gold and has a legal tender (face) value of US ...
Most of what history recounts of Phanes is from the account of Herodotus in his grand historical text, the Histories. According to Herodotus, Phanes of Halicarnassus was "a resourceful man and a brave fighter" serving Amasis II on matters of state, and was well connected within the Egyptian pharaoh's troops.
Lydia and Ephesus also shared important economic interests which allowed Ephesus to hold an advantageous position between the maritime trade routes of the Aegean Sea and the continental trade routes going through inner Anatolia and reaching Assyria, thus acting as an intermediary between the Lydian kingdom which controlled access to the trade ...
Silver coins from about 700 BC, are known from Aegina Island. [3] Early electrum coins from Ephesus, Lydia date from about 650 BC. [4] Ancient India in 6th century BC, was also one of the earliest issuers of coins in the world. [5] The gold Croeseids, issued in Lydia, were the first true gold coins with a standardized purity for general ...
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