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The obol [12] or obolus [13] was also a measurement of Greek, Roman, and apothecaries' weight. 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 ]
Charon's obol is an allusive term for the coin placed in or on the mouth [1] of a dead person before burial. Greek and Latin literary sources specify the coin as an obol , and explain it as a payment or bribe for Charon , the ferryman who conveyed souls across the river that divided the world of the living from the world of the dead.
The obol replaced a series of countermarked coins denominated in Turkish paras and copper gazete coins. The obol was issued by the British and was replaced by the Greek drachma when the Ionian Islands were given to Greece, at a rate of 1 drachma = 20 oboli. An unusual denomination was the silver 30 Lepta coin.
The drachma was the standard unit of silver coinage at most ancient Greek mints, and the name obol was used to describe a coin that was one-sixth of a drachma. [2] The notion that drachma derived from the word for fistful was recorded by Herakleides of Pontos (387–312 BC) who was informed by the priests of Heraion that Pheidon , king of Argos ...
Priority Gold is a precious metals dealer offering IRAs and direct purchases of precious metals and coins. Gold has historically acted as a hedge against inflation , and many find it to be a more ...
He calls it his “origin story”: his debut memoir, Source Code, being published on Tuesday, Feb. 4. The book, the first installment of a planned trilogy, covers Gates’ childhood and young ...
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 ...
NEW YORK/SINGAPORE/PARIS (Reuters) -Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations ...