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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 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 ...
Commemorative Greek drachma coins have been issued by the Bank of Greece throughout the 20th century. Early (1940–1967) coins were minted in Birmingham , Paris , Vienna , and Prague , but since 1978 all of Greece's commemorative coins have been minted in Athens .
The Bank of Greece issued notes from 1928 until 2001, when Greece joined the Euro. Early denominations ranged from 10 to 500 drachmae. Early denominations ranged from 10 to 500 drachmae. Smaller denominations (1, 2, 3 and 5 drachmae) were issued from 1885, with the first 5-drachma notes being made by cutting 10-drachma notes in half.
Greece did not enter the Eurozone until 2001 and was not able to start minting coins as early as the other eleven member states, so a number of coins circulated in 2002 were not minted in Athens but in Finland (€1 and €2 – mint mark S), France (1c, 2c, 5c, 10c and 50c – mint mark F) and Spain (20c – mint mark E). The coins minted in ...
In Classical Athens, obols were traded as silver coins. Six obols made up the drachma. There were also coins worth two obols ("diobol") and three obols ("triobol"). By the 5th century BC, variations on obols expanded to include coins worth one and one-half ("trihemiobol") obols and half obols ("hemiobol").
The team found Corinthian alabaster, Attic vases, and locally-made ritual jugs. They also uncovered treasure of a shinier kind: gold, silver, coral, and amber jewelry, amulets from the East, and ...
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.