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The Ptolemaic dynasty introduced standard coinage to Egypt, where 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. These coins were used to pay salaries of Greek mercenaries in his service.
List of most expensive coins Price Year Type Grade Issuing country Provenance Firm Date of sale $18,900,000 1933 1933 double eagle: MS-65 CAC United States: King Farouk of Egypt: Sotheby's [1] June 8, 2021 $12,000,000 1794 Flowing Hair dollar: SP-66 CAC United States Neil, Carter Private sale [2] January 24, 2013 $9,360,000 1787 Brasher ...
Silver 2 PT, 5 PT, 10 PT and 20 PT coins continued to be issued, and a gold E£1 coin was reintroduced. Between 1922 and 1923, the gold coinage was extended to include 20 PT and 50 PT and E£1 and E£5 coins. In 1924, bronze replaced cupro-nickel in the 1m coin and the holes were removed from the other cupro-nickel coins.
1036–1094), who had the same name as al-Mu'izz, virtually identical coins were minted between 1048/9 and 1080/1, most likely in order to borrow the earlier coins' prestige. [ 53 ] Despite the severe crises of the late 11th and 12th centuries, the fineness of Fatimid gold coinage is generally reported to have remained exceptionally high ...
Teos' successor Nectanebo II kept this practice, though coining his personal gold staters. Gold stater as a daric (about 8.42 grams), obverse with a prancing horse on the right, [1] reverse with the hieroglyphs nfr-nb. Small gold stater (about 2.56 grams, diameter 14-15 mm), with a probable picture of a leaping gazelle.
[35] [36] They range in similar sizes as gold coins, including 0.05 troy ounces (1.6 g), 1 troy ounce (31 g), and larger. Unlike gold coins, gold rounds commonly have no additional metals added to them for durability purposes and do not have to be made by a government mint, which allows the gold rounds to have a lower overhead price as compared ...
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