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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 .
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 currency of the American colonies, 1700–1764: a study in colonial finance and imperial relations. Dissertations in American economic history. New York: Arno Press, 1975. ISBN 0-405-07257-0. Ernst, Joseph Albert. Money and politics in America, 1755–1775: a study in the Currency act of 1764 and the political economy of revolution. Chapel ...
Spanish-American coins- unofficial; Playing cards – 1685-1760s, sometimes officially New France; 15 and a 30-deniers coin known as the mousquetaire – early 17th century New France; Gold Louis – 1720 New France; Sol and Double Sol 1738–1764; English coins early 19th century; Tokens and Army Bills – War of 1812; British Shinplaster 1870s
Numismatics (ancient Greek: νομισματική, meaning "monetary") is the scientific study of money and its history in all its varied forms. While numismatists are often characterized as studying coins , the discipline also includes the study of other types of money, such as banknotes , stock certificates, medals , medallions, and tokens ...
In Modern Greek, the word nomisma means "currency". [5] It is also a term used by numismatists when referring to the pieces of money or coin in the plural nomismata an example of which is the Aes rude of Numa Pompilius (the 2nd King of Rome). [6]
Sparta deliberately used iron currency to make amassing wealth unwieldy, and remained on an iron currency standard all through Greece's golden age. [2] Julius Caesar's Gallic Wars, mentions iron currency in Britain. [3] "For money they use bronze or gold coins, or iron bars of fixed weights." — Julius Caesar, 54 BC [1]