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The Croeseid, anciently Kroiseioi stateres, was a type of coin, either in gold or silver, which was minted in Sardis by the king of Lydia Croesus (561–546 BC) from around 550 BC. Croesus is credited with issuing the first true gold coins with a standardised purity for general circulation, [1] and the world's first bimetallic monetary system. [1]
Coin type of Croesus, the Croeseid, minted in Lydia, under the rule of Cyrus the Great to Darius I. Circa 545–520. It only weighs 8.06 g, compared to the standard 10.7 grams of the Croeseid. [6] Lycia coin, with obverse bull protome and reverse incuse punch mark using a geometrical motif, circa 520-470 BC
The earliest gold coin of the Achaemenid Empire, the Daric, followed the weight standard of the Croeseid, and is therefore considered to be later and derived from the Croeseid. [14] The weight of the Daric would then be modified through a metrological reform, probably under Darius I. [14]
The coins found in the hoard were: Northeastern deposit: Four gold lightweight Croeseids (Sardis mint), a tetradrachm of Abdera, a stater of Aegina. [1]Southeastern deposit: Four gold lightweight Croeseids (Sardis mint), three double-sigloi from Cyprus (one attributed to Lapethus, one to Paphos, and one to an uncertain mint).
Gold coin of Croesus, Lydian, around 550 BC, found in what is now modern Turkey. Croesus is credited with issuing the first true gold coins with a standardised purity for general circulation, the Croeseid (following on from his father Alyattes who invented minting with electrum coins).
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