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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 ...
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 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 ...
One of the most important religious sites in ancient Athens was the Temple of Athena, known today as the Parthenon, which stood on top of the Acropolis, where its evocative ruins still stand. Two other major religious sites, the Temple of Hephaestus (which is still largely intact) and the Temple of Olympian Zeus or Olympeion (once the largest ...
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.
The Attic weight was based on a drachma of 4.31 grams, but in practice the main denomination was the tetradrachm or four-drachma coin, which weighed approximately 17.26 g [1] in silver. For larger sums, the units of account were the mina (100 drachmae or 435 g), and the talent (6,000 drachmae or 26.1 kg).
The coup overthrew the democratic government of ancient Athens and replaced it with a short-lived oligarchy known as the Four Hundred. In the wake of the financial crisis caused by the failed Sicilian Expedition of the Athenian military in 413 BC, some high-status Athenian men, who had disliked the broad-based democracy of the city-state for a ...
The Athenian coinage decree also known as the Standards decree was a decree made by the Athenians to standardise currency amongst the states with whom they were allied. Between the years of 450 and 447 BC, the use of Athenian silver currency and Athenian weights and measures was made obligatory in all allied states of the Athenian Empire. [1]