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History Of Coins
The history of coins stretches back to the first millennium BC/BCE. Notable examples of coins include the Lydian Lion coins, Persian daric and siglos, Tong Bei, the dirham and gold dinar. Coins are the major archaeological source of history. These small coins have a lot to portray. Coins help in knowing the information about the kingdom, language, administration, religion and economic condition and also the title of the ruler who minted those coins. Coins were first made of scraps of metal by hitting a hammer positioned over an anvil. The Chinese produced primarily cast coinage, and this spread to South-East Asia and Japan. Although few non-Chinese cast coins were produced by governments, it was a common practice amongst counterfeiters. Early coins Ephesus' great temple of Artemis has provided evidence for the earliest coins yet known from the ancient world. The first structures in the sanctuary, buried deep under the later temples, date back to the eighth century BCE ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lydia
Lydia ( Lydian: 𐤮𐤱𐤠𐤭𐤣𐤠, ''Śfarda''; Aramaic: ''Lydia''; el, Λυδία, ''Lȳdíā''; tr, Lidya) was an Iron Age kingdom of western Asia Minor located generally east of ancient Ionia in the modern western Turkish provinces of Uşak, Manisa and inland Izmir. The ethnic group inhabiting this kingdom are known as the Lydians, and their language, known as Lydian, was a member of the Anatolian branch of the Indo-European language family. The capital of Lydia was Sardis.Rhodes, P.J. ''A History of the Classical Greek World 478–323 BC''. 2nd edition. Chichester: Wiley-Blackwell, 2010, p. 6. The Kingdom of Lydia existed from about 1200 BC to 546 BC. At its greatest extent, during the 7th century BC, it covered all of western Anatolia. In 546 BC, it became a province of the Achaemenid Persian Empire, known as the satrapy of Lydia or ''Sparda'' in Old Persian. In 133 BC, it became part of the Roman province of Asia. Lydian coins, made of silver, ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyme (Aeolis)
Cyme ( el, Κύμη) or Cumae was an Aeolian city in Aeolis (Asia Minor) close to the kingdom of Lydia. It was called Phriconian, perhaps from the mountain Phricion in Aeolis, near which the Aeolians had been settled before their migration to Asia. The Aeolians regarded Cyme as the largest and most important of their twelve cities, which were located on the coastline of Asia Minor (modern-day Turkey). As a result of their direct access to the sea, unlike most non-landlocked settlements of the ancient world, trade is believed to have prospered. Location Both the author of the 'life of Homer' and Strabo the ancient geographer, locate Cyme north of the Hermus river on the Asia Minor coastline: After crossing the Hyllus, the distance from Larissa to Cyme was 70 stadia, and from Cyme to Myrina was 40 stadia. (Strabo: 622) Archaeological finds such as coins give reference also to a river, believed to be that of the Hyllus. History Early history Little is known about t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Coin
A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold (22karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo. Alloyed gold coins, like the American Gold Eagle and South African Krugerrand, are typically 91.7% gold by weight, with the remainder being silver and copper. Traditionally (up to about the 1930s), gold coins have been circulation coins, including coin-like bracteates and dinars. In recent decades, however, gold coins are mainly produced as bullion coins for investors and as commemorative coins for collectors. While modern gold coins are still legal tender, they are not observed in everyday financial transactions, as the metal value normally exceeds the nominal value. For example, the American Gold Eagle has a denomination of 10 USD, but a metal value of more than $800 USD (being around a half an ounce). The gold reserves of cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an Emergence#Economics, emergent market phenomenon that possess intrinsic value as a Commodity money, commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Double-Die Ancient Coin
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market (economics)
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale (local produce or stock registration). Markets can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ionians
The Ionians (; el, Ἴωνες, ''Íōnes'', singular , ''Íōn'') were one of the four major tribes that the Greeks considered themselves to be divided into during the ancient period; the other three being the Dorians, Aeolians, and Achaeans. The Ionian dialect was one of the three major linguistic divisions of the Hellenic world, together with the Dorian and Aeolian dialects. When referring to populations, “''Ionian''” defines several groups in Classical Greece. In its narrowest sense, the term referred to the region of Ionia in Asia Minor. In a broader sense, it could be used to describe all speakers of the Ionic dialect, which in addition to those in Ionia proper also included the Greek populations of Euboea, the Cyclades, and many cities founded by Ionian colonists. Finally, in the broadest sense it could be used to describe all those who spoke languages of the East Greek group, which included Attic. The foundation myth which was current in the Classical peri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ancient Greek Coinage
The history of ancient Greek coinage can be divided (along with most other Greek art forms) into four periods: the Archaic, the Classical, the Hellenistic and the Roman. The Archaic period extends from the introduction of coinage to the Greek world during the 7th century BC until the Persian Wars in about 480 BC. The Classical period then began, and lasted until the conquests of Alexander the Great in about 330 BC, which began the Hellenistic period, extending until the Roman absorption of the Greek world in the 1st century BC. The Greek cities continued to produce their own coins for several more centuries under Roman rule. The coins produced during this period are called Roman provincial coins or Greek Imperial Coins. Weight standards and denominations The three most important standards of the ancient Greek monetary system were the Attic standard, based on the Athenian drachma of of silver, the Corinthian standard based on the stater of of silver, that was s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (facility)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The earliest metallic money did not consist of coins, but of unminted metal in the form of rings and other ornaments or of weapons, which were used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Troy
Troy ( el, Τροία and Latin: Troia, Hittite: 𒋫𒊒𒄿𒊭 ''Truwiša'') or Ilion ( el, Ίλιον and Latin: Ilium, Hittite: 𒃾𒇻𒊭 ''Wiluša'') was an ancient city located at Hisarlik in present-day Turkey, south-west of Çanakkale and about miles east of the Aegean Sea. It is known as the setting for the Greek myth of the Trojan War. In Ancient Greek literature, Troy is portrayed as a powerful kingdom of the Heroic Age, a mythic era when monsters roamed the earth and gods interacted directly with humans. The city was said to have ruled the Troad until the Trojan War led to its complete destruction at the hands of the Greeks. The story of its destruction was one of the cornerstones of Greek mythology and literature, featuring prominently in the ''Iliad'' and the ''Odyssey'', and referenced in numerous other poems and plays. Its legacy played a large role in Greek society, with many prominent families claiming descent from those who had fought there. In t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Croesus
Croesus ( ; Lydian: ; Phrygian: ; grc, Κροισος, Kroisos; Latin: ; reigned: c. 585 – c. 546 BC) was the king of Lydia, who reigned from 585 BC until his defeat by the Persian king Cyrus the Great in 547 or 546 BC. Croesus was renowned for his wealth; Herodotus and Pausanias noted that his gifts were preserved at Delphi. The fall of Croesus had a profound effect on the Greeks, providing a fixed point in their calendar. "By the fifth century at least," J. A. S. Evans has remarked, "Croesus had become a figure of myth, who stood outside the conventional restraints of chronology." Name The name of Croesus was not attested in contemporary inscriptions in the Lydian language. In 2019, D. Sasseville and K. Euler published a research of Lydian coins apparently minted during his rule, where the name of the ruler was rendered as ''Qλdãns''. The name comes from the Latin transliteration of the Greek , which was itself the ancient Hellenic adaptation of the Lydia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pactolus
Pactolus ( el, Πακτωλός), now named Sart Çayı, is a river near the Aegean coast of Turkey. The river rises from Mount Tmolus, flows through the ruins of the ancient city of Sardis, and empties into the Gediz River, the ancient Hermus. The Pactolus once contained electrum that was the basis of the economy of the ancient state of Lydia which used the naturally occurring alloy of gold and silver to forge the first coins under Alyattes of Lydia. Legend According to legend, King Midas divested himself of the golden touch by washing himself in the river. The historian Herodotus claimed that the gold contained in the sediments carried by the river was the source of the wealth of King Croesus Croesus ( ; Lydian: ; Phrygian: ; grc, Κροισος, Kroisos; Latin: ; reigned: c. 585 – c. 546 BC) was the king of Lydia, who reigned from 585 BC until his defeat by the Persian king Cyrus the Great in 547 or 546 BC. Croesus was r ..., son of Alyattes. Propertius 1.6 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
