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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 ...
Egyptian gold stater was the first coin ever minted in ancient Egypt around 360 BC during the reign of pharaoh Teos of the 30th Dynasty. These coins were used to pay salaries of Greek mercenaries in his service. The first Ptolemaic mint was in Memphis and was later moved to Alexandria.
In ancient Greece, the drachma (Greek: δραχμή, romanized:drachmḗ, [drakʰmέː]; pl. drachmae or drachmas) was an ancient currency unit issued by many city-states during a period of ten centuries, from the Archaic period throughout the Classical period, the Hellenistic period up to the Roman period. The ancient drachma originated in the ...
Coining (mint) Minting, coining or coinage is the process of manufacturing coins using a kind of stamping, the process used in both hammered coinage and milled coinage. [ a ] This "stamping" process is different from the method used in cast coinage. A coin die (archaically spelt dye) is one of the two metallic pieces that are used to strike a ...
The tetradrachm (Greek: τετράδραχμον, translit. tetrádrachmon) was a large silver coin that originated in Ancient Greece. It was nominally equivalent to four drachmae. [1] Over time the tetradrachm effectively became the standard coin of the Antiquity, spreading well beyond the borders of the Greek World. As a result, tetradrachms ...
Coins are a major archaeological source of history. Coins convey information about language, administration, religion, economic conditions, and the ruler who minted those coins. [1] 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 ...
The mines of Laurion (or Lavrion) [ 1 ] are ancient mines located in southern Attica between Thoricus and Cape Sounion, approximately 50 kilometers south of the center Athens, in Greece. The mines are best known for producing silver, but they were also a source of copper and lead. A number of remnants of these mines (shafts, galleries, surface ...
The most ancient coins were cast in bulletshaped or conical moulds and marked on one side by means of a die which was struck with a hammer. The "blank" or unmarked piece of metal was placed on a small anvil, and the die was held in position with tongs. The reverse or lower side of the coin received a "rough incuse" by the hammer.