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The Lydian Lion coins were made of electrum, a naturally occurring alloy of gold and silver but of variable precious metal value. The royal lion symbol stamped on the coin, similar to a seal, was a declaration of the value of the contents.
The royal symbol stamped on the coin, similar to a seal, was a declaration of the value of the contents in gold, silver or electrum. Herodotus mentioned the innovation of coinage, and standard coinage, made by the Lydians: [1] Coin of Alyattes in electrum, 620-563 BC. Legend Walwel ("Alyattes") in Lydian script.
The most prolific mint for early electrum coins was Sardis which produced large quantities of the lion head thirds, sixths and twelfths along with lion paw fractions. [53] To complement the largest denomination, fractions were made, including a hekte (sixth), hemihekte (twelfth), and so forth down to a 96th, with the 1/96 stater weighing only ...
5. 2007 C$1M Coin. Potential worth: $4.1 million. The massive 100 kg. 2007 C$1M coin (Canadian) can land up to $4.1 million, according to Urban Aunty. It’s made of pure gold.
Someone just paid a pretty penny for two rare 1-cent coins. And by a pretty penny, we mean a grand total of nearly $870,000. A 1792 silver center cent sold for $352,500 at a Heritage auction in ...
Yet, although the Lydian Lion was minted by Alyattes for use as a "nobleman's tax-token", [8] "it took some time before ancient coins were used for everyday commerce and trade. Even the smallest-denomination electrum coins, perhaps worth about a day's subsistence, would have been too valuable for buying a loaf of bread."
Currently, there are only about 150 to 200 of these coins left. Its original worth was $1, but it’s now valued at $7,750,000. Trending Now: 3 Valuable Coins To Keep an Eye Out for in 2025.
The earliest known electrum coins, Lydian coins and East Greek coins found under the Temple of Artemis at Ephesus, are currently dated to the last quarter of the 7th century BC (625–600 BC). [4] Electrum is believed to have been used in coins c. 600 BC in Lydia during the reign of Alyattes .