Darius also established throughout his vast empire a uniform coinage,
based apparently on that which had previously prevailed in Lydia.
His “darics,” as they were called by the Greeks, were, in the first
instance, gold coins of a rude type, a little heavier than our
sovereigns, weighing between 123 and 124 grains troy.[14271] They bore
the figure of an archer on the obverse, and on the reverse a very rough
and primitive _quadratum incusum_. Darius must have coined them in vast
abundance, since early in the reign of his successor a single
individual of no great eminence had accumulated as many as 3,993,000
of them.[14272] Subsequently to the introduction of the gold darics,
a silver coinage was issued, originally (we are told) in Egypt by a
Persian satrap called Aryandes,[14273] but afterwards by the central
government. The name of “daric” was extended to these coins also, which,
however, were much larger and heavier than the gold coins, weighing
as much as 235 grains, and corresponding to the Greek tetradrachm,
and (nearly) to the Hebrew shekel. The establishment of this excellent
circulating medium, and the wide extension which it almost immediately
attained, must have given an enormous stimulus to trade, and have been
found of the greatest convenience by the Phoenician merchants, who had
no longer to carry with them the precious metal in bars or ingots, and
to weigh their gold and silver in the balance in connection with every
purchase that they made, but could effect both sales and purchases
in the simple and commodious manner still in use among all civilised
nations at the present day.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account