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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 ...
Most coins only circulated within the region they were created in, and there was no universal standard. However, more than half the known Greek city-states do not have evidence of minting coins. [13] Fractions and multiples of the drachma were minted by many states, most notably in Ptolemaic Egypt, which minted large coins in gold, silver and ...
It includes two pairs of ornate earrings, three diadems, a chest pendant, a bracelet, a gold cup, four rings, ornamented plaques and plain strips. There are also five hoops or rings and many beads and pendants made of a variety of materials including gold, lapis lazuli, amethyst, quartz, cornelian and green jasper.
Notable early examples of coins include the Lydian Lion coins, Persian daric and siglos, Tong Bei, the dirham and gold dinar. Coins are a major archaeological source of history. Coins convey information about language, administration, religion, economic conditions, and the ruler who minted those coins. [1]
The archaeological finds kept coming for a team of 50 researchers on the Greek island of Evia. But the kicker may have been locating 2,700-year-old altars full of precious jewels and historical ...
Gold coins buried in a small pot and dated to the fifth century B.C. were discovered in modern-day Turkey. Archaeologists believe that the coins—based on their location underneath a Helensitic ...
(The reason being that one gold stater generally weighed roughly 8.5 g (0.27 ozt), twice as much as a drachma, while the parity of gold to silver, after some variance, was established as 1:10). The use of gold staters in coinage seems mostly of Macedonian origin. The best known types of Greek gold staters are the 28-drachma kyzikenoi from Cyzicus.
The coins were first made in the island of Aegina, off the southeast side of Greece. Yale Professor and Historian Donald Kagan sustains that the king of Argos Pheidon was "the first man to strike silver coins on the island of Aegina" in the 7th century, however this has been contested by most experts in the field and so far unconfirmed by ...
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