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
Lastly, let us glance at those peoples who lay between Northern Italy and
the Bay of Biscay. Although we have no direct evidence as to the unit by
which the Gauls reckoned that gold of which, as we saw above, they had
great store, before they came under the influence of either Phoenician,
Greek, or Italian, we can perhaps make a justifiable inference from the
fact that when the Gauls proceeded to strike gold coins in imitation of
the gold stater of Philip of Macedon, they did not, as might have been
expected, follow also the weight unit (135 grs.) of that coin. For as a
matter of fact scarcely any of the Gaulish imitations exceed 120 grains
troy[182]. It would appear then that the Gauls had already at that
time a gold unit in use, somewhat lighter than the usual weight of our
“ox-unit,” although we cannot of course ignore the possibility of its
being the form of the Phoenician gold standard, which we found above was
employed by the Carthaginians both in Sicily and Africa; in other words
it may be maintained that the Gauls followed the standard on which the
Phocaeans of Massalia struck their _silver_ coinage. As, however, the
coins of Massalia were drachms of about 55 grains the probability is not
very high that the Gauls had no gold standard of their own for gold until
they got one from the _silver_ of Marseilles.
The Teutonic tribes who likewise issued imitations of the Philippus also
followed a standard of 120 grs. for coins, from which it is likely that
they as well as the Gauls employed a unit of 120 grs. for gold before
they ever began to strike money.
We have now taken a survey of the most ancient gold standards we can find
throughout the wide regions through which the common system of weights of
after years prevailed, extending in our range from the heart of Asia to
the shores of the Atlantic.
Our results will best be seen in the following table:
Grains.
Egyptian gold ring standard 127
Mycenaean 130-5
Homeric talent (or “Ox-unit”) 130-5
Attic gold stater (the sole standard for gold) 135
Thasos 135
Rhodes 135
Cyzicus 130
Hebrew standard 130
Persian Daric 130
Macedonian stater 135
Bactrian stater 130-2
Indian standard (7th cent. A.D.) 140
Phoenician gold unit (double) 260
Carthaginian 120
Sicily and Lower Italy 130-5
Etruscan 130-5
Gaulish unit 120
German 120
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