The Origin of Metallic Currency and Weight StandardsRidgeway, William
History
The Origin of Metallic Currency and Weight Standards
Ridgeway, William
Money -- Origin; Weights and measures -- History
The first Carthaginian coinage was issued in the Sicilian cities,
especially Panormus, at a comparatively late date, certainly not earlier
than 410 B.C. As this coinage was entirely under Greek influences of
comparatively late date, we cannot of course get any direct evidence from
it as regards the original Phoenician standard. Carthage herself did not
issue coins until about a century later, B.C. 310[180]. Hence we have no
data of an early date. The gold coins struck in Sicily are didrachms
of about 120 grains troy, with various subdivisions. This is usually
described as the Phoenician standard, or rather the Phoenician gold
standard of 260 grains considerably reduced. But the full unit of 240 is
never found in the coins, and although we get coins of 2½ drachms (= 147
grains), it is more natural to regard the didrachm of about 120 grains as
the real unit, in other words the slightly lowered common unit, which we
already found fixed at about 127 grains in the Egyptian rings. In Sicily
and Magna Graecia we are fairly certain that the unit was in early times
that of 130 grains. But whether this was native or brought in by the
Greek colonists, it is impossible to prove. All that we know for certain
is that there was in Sicily and Magna Graecia, a small talent used only
for gold; which was equivalent to three Attic gold staters, or in other
words the threefold of our Homeric ox-unit. Thus an ancient writer
says “the Sicilian talent had a very small weight; the ancient one, as
Aristotle says, 24 _nummi_, the later 12 _nummi_. But the _nummus_ weighs
three half obols[181].” From this it is plain that the ancient form of
this talent weighed 36 obols, that is, six drachms, or three staters.
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