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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 tetradrachm (Ancient Greek: τετράδραχμον, romanized: 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.
The ancient drachma originated in Greece around the 6th century BC. [1] The coin, usually made of silver or sometimes gold [2] had its origins in a bartering system that referred to a drachma as a handful of wooden spits or arrows. [3] The drachma was unique to each city state that minted them, and were sometimes circulated all over the ...
[4] The Aeginetan standard, based on the coinage issued by Aegina had a stater of 12.4 g, which was divided into a half-stater or drachma of 6.2 g, a quarter-stater of 3.1 g, and twelve obols of 1.0 g each. [2] [1] This was the main trading standard in the Greek world in the Late Archaic period. In the second half of the sixth century BC, the ...
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 .
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]
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The ancient Greek inscription translates as “The Governor erected this orphanage in the year 1828”. The year is shown as Χ𐅅ΗΗΗΔΔΠΙΙΙ. The Attic numerals are a symbolic number notation used by the ancient Greeks .