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During most of the Ptolemaic Kingdom's history, it was a policy that all foreign coinage within Egypt would be confiscated by the state and replaced with Ptolemaic currency. Parallels between Athens and the Ptolemaic Kingdom can be drawn as Athens attempted to introduce a sole currency in its empire. The Ptolemaic Kingdom forced its own ...
ɪ k /; Koinē Greek: Πτολεμαϊκὴ βασιλεία, Ptolemaïkḕ basileía) [6] or Ptolemaic Empire [7] was an Ancient Greek polity based in Egypt during the Hellenistic period. [8] It was founded in 305 BC by the Macedonian general Ptolemy I Soter , a companion of Alexander the Great , and ruled by the Ptolemaic dynasty until the ...
5-sol French coin and silver coins – New France 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
The Ptolemaic standard was used by the Ptolemaic Kingdom for its silver coinage from 294 BC. It was based on a tetradrachm of 14.26 g and a drachma of 3.55 g. [19] It was equivalent to the reduced Phoenician standard used in Ptolemaic Coele-Syria and Seleucid Phoenicia. [2] [17] [18]
Before the Ptolemaic dynasty introduced standard coinage to Egypt, pre-existing native dynasties made only very limited use of coins. 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.
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, 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.
Carthage appears to have operated a closed currency system, in which people bringing gold and silver coinage into the city had to give it to the civic authorities in exchange for local bronze coinage. Ptolemaic Egypt operated a similar system in this period. In textual sources, the period after the Second Punic War is presented as a period of ...