History of Egypt, Chaldæa, Syria, Babylonia, and Assyria, Volume 9 (of 12)Maspero, G. (Gaston)
History
History of Egypt, Chaldæa, Syria, Babylonia, and Assyria, Volume 9 (of 12)
Maspero, G. (Gaston)
Civilization, Ancient; Egypt -- History -- To 640 A.D.; History, Ancient; Middle East -- History
The idea at length occurred to them to impress each of these pieces with
a common stamp, serving, like the trade-marks employed by certain guilds
of artisans, to testify at once to their genuineness and their exact
weight: in a word, they were the inventors of money. The most ancient
coinage of their mint was like a flattened sphere, more or less ovoid,
in form: it consisted at first of electrum, and afterwards of smelted
gold, upon which parallel striae or shallow creases were made by a
hammer. There were two kinds of coinage, differing considerably from
each other; one consisted of the heavy stater, weighing about 14.20
grammes, perhaps of Phoenician origin, the other of the light stater, of
some 10.80 grammes in weight, which doubtless served as money for
the local needs of Lydia: both forms were subdivided into pieces
representing respectively the third, the sixth, the twelfth, and the
twenty-fourth of the value of the original.
[Illustration: 056a.jpg COIN BEARING HEAD OF MOUFLON GOAT]
Drawn by Faucher-Gudin, from a coin in the Cabinet des
Medailles.
[Illustration: 056b.jpg MONEY OF CROESUS]
The stamp which came to be impressed upon the money was in relief, and
varied with the banker; * when political communities began to follow the
example of individuals, it also bore the name of the city where it was
minted.
* [The best English numismatists do not agree with M.
Babelon's "banker" theory. Cf. Barclay V. Head, _Historia
Nummorum_, p. xxxiv.---Tr.]
Public-domain text, read in full here on John Shaqi.
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