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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 ...
Pelanor (Ancient Greek: πέλανορ, lit. 'cakes') [1] was the currency reportedly used in Sparta during the reign of the semi-mythical Lycurgus. [2] According to Plutarch's Life of Lycurgus, [3] not only did Lycurgus ban the use of gold and silver currency in favor of iron, but, just as the iron was red hot, it would be quenched in vinegar, thus rendering the metal unusable for any other ...
In the engraved Athenian decree forging the alliance with Sparta before the Chremonidean War, Areus is mentioned by name five times, while his co-king is absent, therefore showing that for the Athenians, Areus was the sole ruler of Sparta. [111] [112] [113] The most striking feature of this new era is the introduction of coinage in Sparta.
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.
Seaford published widely on Greek literature and religion, from Homer to the New Testament, and especially on the god Dionysos.His book Money and the Early Greek Mind.. Homer, Tragedy, Philosophy (2004) explores the role of money on ancient Greek culture, which he suggested was the first culture to become pervasively mone
Double-die style struck coin from Ancient India, c 304-232 BCE featuring an elephant on one face and a lion on the other. Since that time, coins have been the most universal embodiment of money. These first coins were made of electrum, a naturally occurring pale yellow mixture of gold and silver that was further alloyed with silver and copper.
The stater, as a Greek silver currency, first as ingots, and later as coins, circulated from the 8th century BC to AD 50. The earliest known stamped stater (having the mark of some authority in the form of a picture or words) is an electrum turtle coin, struck at Aegina [2] that dates to about 650 BC. [3]
The Coinage of Aegina began in the 7th century BC. The front has a sea turtle design, while the back has a punch mark, found on most coins at that time. The earliest coins were made of electrum, a mix of gold and silver. The coins were first made in the island of Aegina, off the southeast side of Greece.