The Ancient Greeks and the Birth of Coin Currency

The Minotaur in Ancient Greek Coins ancient greeks

The Ancient Greeks revolutionised trade by being the first to use coins as currency, replacing the barter system around the 7th century BC.

These early coins, made of precious metals like silver and gold, were first minted in the ancient kingdom of Lydia (now part of Turkey) and quickly spread across Greek city-states.

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The silver coin was minted between 467-465 B.C. and is among the most sought-after ancient coins by collectors. It has a figure of Greek goddess Athena on one side and an owl on the other.

This innovation not only simplified trade but also laid the foundation for modern economic systems.

Greek coins, often adorned with gods, animals, or symbols, also reflected the culture and identity of their city-states, making them valuable historical artifacts today.

Article first published on Live Qurious.

READ MORE: Heinrich Schliemann: "I have gazed upon the face of Agamemnon."

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