Search results
Results from the WOW.Com Content Network
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 ...
However, the measure did impinge upon the autonomy of the allied states. [1] The use of Athenian currency had become increasingly common, especially with smaller states, but many continued to mint their own coins with their own state symbol. The result was that the overall volume of trade in the Aegean increased, but with greater domination by ...
Ephesus' great temple of Artemis has provided evidence for the earliest coins yet known from the ancient world. [nb 1] The first structures in the sanctuary, buried deep under the later temples, date back to the eighth century BCE, and from that time on precious objects were used in the cult or dedicated to the goddess by her worshippers.
The drachma was the standard unit of silver coinage at most ancient Greek mints, and the name obol was used to describe a coin that was one-sixth of a drachma. [2] The notion that drachma derived from the word for fistful was recorded by Herakleides of Pontos (387–312 BC) who was informed by the priests of Heraion that Pheidon , king of Argos ...
The term refers to an array of silver and electrum coinage minted prior to the use of the Owl of Athena, an emblematic design used on all later Athenian coinage. Initially interpreted by numismatists as the heraldic devices of Athenian noble families, the varied designs of the wappenmünzen are now generally thought to represent individual mint ...
(The reason being that one gold stater generally weighed roughly 8.5 g (0.27 ozt), twice as much as a drachma, while the parity of gold to silver, after some variance, was established as 1:10). The use of gold staters in coinage seems mostly of Macedonian origin. The best known types of Greek gold staters are the 28-drachma kyzikenoi from Cyzicus.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
While 0.72 grams was the weight of a standard Greek obol, the actual amount of silver that went into making the currency could vary from region to region. Obols in Athens were typically near the 0.72-gram standard, while Corinth was documented having 0.42-gram obols. [17]