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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 ...
The stater, as a Greek silver currency, first as ingots, and later as coins, circulated from the 8th century BC to AD 50. The earliest known stamped stater (having the mark of some authority in the form of a picture or words) is an electrum turtle coin, struck at Aegina [2] that dates to about 650 BC. [3]
The Achaemenid Empire issued coins from 520 BC–450 BC to 330 BC. The Persian daric was the first gold coin which, along with a similar silver coin, the siglos (from Ancient Greek: σίγλος, Hebrew: שֶׁקֶל, shékel) represented the first bimetallic monetary standard. [5]
The coin is roughly the size of the American nickel coin, [10] and it is considered valuable and rare. It was called the number 1 coin in Harlan Berk's 2019 book, 100 Greatest Ancient Coins. [11] The majority of the coins were struck in silver, but there is an exceedingly scarce variety of the coin struck in gold.
The gold and silver Croeseids formed the world's first bimetallic monetary system, c. 550 BC. [6] The Persian daric was also an early gold coin which, along with a similar silver coin, the siglos, (from Ancient Greek σίγλος, Hebrew שֶׁקֶל ) represented the bimetallic monetary standard of the Achaemenid Persian Empire. [7]
Coin of Offa, king of Mercia, 757-796, with the Latin legend OFFA REX MERCIOR; British coins still carry Latin inscriptions in the 21st century. In the latter part of the 8th century a new style of silver penny appeared in Anglo-Saxon England, thinner and commonly bearing the names of both the king and the moneyer who had struck it.
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