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Croeseid
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 Before Christ, BC) from around 550 BC. Croesus is credited with issuing the first true gold coins with a standardised purity for general circulation, and the world's first bimetallism, bimetallic monetary system. Precedents Before Croesus, his father Alyattes of Lydia, Alyattes had already started to mint various types of non-standardized coins. They were made in a naturally occurring material called electrum, a variable mix of gold and silver (with about 54% gold and 44% silver), and were in use in Lydia, its capital city Sardis and surrounding areas for about 80 years before Croesus' reign as King of Lydia. The unpredictability of electrum coins' composition implied that they had a variable value, which greatly hampered the development of standardised coinage. The royal symbol stamped on the coin, similar to a seal, was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Croeseid Equivalence
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, and the world's first bimetallic monetary system. Precedents Before Croesus, his father Alyattes had already started to mint various types of non-standardized coins. They were made in a naturally occurring material called electrum, a variable mix of gold and silver (with about 54% gold and 44% silver), and were in use in Lydia, its capital city Sardis and surrounding areas for about 80 years before Croesus' reign as King of Lydia. The unpredictability of electrum coins' composition implied that they had a variable value, which greatly hampered the development of standardised coinage. The royal symbol stamped on the coin, similar to a seal, was a declaration of the value of the contents in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bimetallism
Bimetallism, also known as the bimetallic standard, is a monetary standard in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, typically gold and silver, creating a fixed Exchange rate, rate of exchange between them. For scholarly purposes, "proper" bimetallism is sometimes distinguished as permitting that both gold and silver money are legal tender in unlimited amounts and that gold and silver may be taken to be coined by the Mint (facility), government mints in unlimited quantities. This distinguishes it from "limping standard" bimetallism, where both gold and silver are legal tender but only one is freely coined (e.g. the monies of France, Germany, and the United States after 1873), and from "trade" bimetallism, where both metals are freely coined but only one is legal tender and the other is used as "trade money" (e.g. most monies in western Europe from the 13th to 18th centuries). Economists also distinguish ''legal'' bimeta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siglos
The Achaemenid Empire issued coins from 520 BC–450 BC to 330 BC. The Persian daric was the first gold coin which, along with a similar silver coin, the siglos (from , , '' shékel'') represented the first bimetallic monetary standard.Michael Alram"DARIC" ''Encyclopaedia Iranica'', December 15, 1994, last updated November 17, 2011 It seems that before the Persians issued their own coinage, a continuation of Lydian coinage under Persian rule is likely. Achaemenid coinage includes the official imperial issues (Darics and Sigloi), as well as coins issued by the Achaemenid provincial governors (satraps), such as those stationed in Asia Minor. Early coinage of Western Asia under the Achaemenid Empire When Cyrus the Great (550–530 BC) came to power, coinage was unfamiliar in his realm. Barter, and to some extent silver bullion, was used instead for trade. The practice of using silver bars for currency also seems to have been current in Central Asia from the 6th century. Cyrus th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lydia
Lydia (; ) was an Iron Age Monarchy, kingdom situated in western Anatolia, in modern-day Turkey. Later, it became an important province of the Achaemenid Empire and then the Roman Empire. Its capital was Sardis. At some point before 800 BC, the Lydian people achieved some sort of political cohesion, and existed as an independent kingdom by the 600s BC. At its greatest extent, during the 7th century BC, it covered all of western Anatolia. In 546 BC, it became a Lydia (satrapy), satrapy of the Achaemenid Empire, known as ''Sparda'' in Old Persian. In 133 BC, it became part of the Roman Republic, Roman Asia (Roman province), province of Asia. Lydian coins, made of electrum, are among the oldest in existence, dated to around the 7th century BC. Geography Lydia is generally located east of ancient Ionia in the modern western Turkish provinces of Uşak Province, Uşak, Manisa Province, Manisa and inland İzmir Province, İzmir.Rhodes, P.J. ''A History of the Classical Greek ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyrus The Great
Cyrus II of Persia ( ; 530 BC), commonly known as Cyrus the Great, was the founder of the Achaemenid Empire. Achaemenid dynasty (i. The clan and dynasty) Hailing from Persis, he brought the Achaemenid dynasty to power by defeating the Median Empire and embracing all of the previous civilized states of the ancient Near East, expanding vastly across most of West Asia and much of Central Asia to create what would soon become the List of largest empires#Timeline of largest empires at the time, largest empire in history at the time. The Achaemenid Empire's greatest territorial extent was achieved under Darius the Great, whose rule stretched from Southeast Europe in the west to the Indus Valley in the east. After absorbing the Median Empire, Cyrus conquered Lydia and eventually the Neo-Babylonian Empire, granting him control of Anatolia and the Fertile Crescent, respectively. He also led a major expedition into Central Asia, where his army brought "into subjection every nation wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apadana Hoard
The Apadana hoard is a hoard of coins that were discovered under the stone boxes containing the foundation tablets of the Apadana Palace in Persepolis. The coins were discovered in excavations in 1933 by Erich Schmidt (archaeologist), Erich Schmidt, in two deposits, each deposit under the two deposition boxes that were found. The deposition of this hoard, which was visibly part of the foundation ritual of the Apadana, is dated to circa 515 BCE. Foundation tablets The gold and silver tablets retrieved from the stone boxes contained a trilingual inscription by Darius the Great, Darius in Old Persian, Elamite and Akkadian language, Akkadian, which describes his Empire in broad geographical terms, and is known as the DPh inscription: Foundation hoard The coins found in the hoard were: * Northeastern deposit: Four gold lightweight Croeseids (Sardis mint), a tetradrachm of Abdera, Thrace, Abdera, a stater of Aegina. * Southeastern deposit: Four gold lightweight Croeseids (Sardis mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apadana Palace
Persepolis (; ; ) was the ceremonial capital of the Achaemenid Empire (). It is situated in the plains of Marvdasht, encircled by the southern Zagros mountains, Fars province of Iran. It is one of the key Iranian cultural heritage sites and a UNESCO World Heritage Site. The earliest remains of Persepolis date back to 515 BC. The city, acting as a major center for the empire, housed a palace complex and citadel designed to serve as the focal point for governance and ceremonial activities. It exemplifies the Achaemenid style of architecture. The complex was taken by the army of Alexander the Great in 330 BC, and soon after, its wooden parts were completely destroyed by fire, likely deliberately. The function of Persepolis remains unclear. It was not one of the largest cities in ancient Iran, let alone the rest of the empire, but appears to have been a grand ceremonial complex that was only occupied seasonally; the complex was raised high on a walled platform, with five "palaces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persepolis
Persepolis (; ; ) was the ceremonial capital of the Achaemenid Empire (). It is situated in the plains of Marvdasht, encircled by the southern Zagros mountains, Fars province of Iran. It is one of the key Iranian cultural heritage sites and a UNESCO World Heritage Site. The earliest remains of Persepolis date back to 515 BC. The city, acting as a major center for the empire, housed a palace complex and citadel designed to serve as the focal point for governance and ceremonial activities. It exemplifies the Achaemenid style of architecture. The complex was taken by the army of Alexander the Great in 330 BC, and soon after, its wooden parts were completely destroyed by fire, likely deliberately. The function of Persepolis remains unclear. It was not one of the largest cities in ancient Iran, let alone the rest of the empire, but appears to have been a grand ceremonial complex that was only occupied seasonally; the complex was raised high on a walled platform, with five "palac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electrum
Electrum is a naturally occurring alloy of gold and silver, with trace amounts of copper and other metals. Its color ranges from pale to bright yellow, depending on the proportions of gold and silver. It has been produced artificially and is also known as "Colored gold#Green gold, green gold".Emsley, John (2003Nature's building blocks: an A–Z guide to the elements Oxford University Press. p. 168. . Electrum was used as early as the third millennium BC in the Old Kingdom of Egypt, sometimes as an exterior coating to the pyramidion, pyramidia atop ancient Egyptian pyramids and obelisks. It was also used in the making of ancient Beaker (archaeology) , drinking vessels. The first known metal coins made were of electrum, dating back to the end of the 7th century or the beginning of the 6th century BC. Etymology The name ''electrum'' is the Latinized form of the Greek language, Greek word ἤλεκτρον (''ḗlektron''), mentioned in the ''Odyssey'', referring to a metallic s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Croesus
Croesus ( ; ; Latin: ; reigned: ) was the Monarch, king of Lydia, who reigned from 585 BC until his Siege of Sardis (547 BC), defeat by the Persian king Cyrus the Great in 547 or 546 BC. According to Herodotus, he reigned 14 years. Croesus was renowned for his wealth; Herodotus and Pausanias (geographer), 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", James Allan Stewart Evans, 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 language, Latin transliteration of the Greek ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
