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
All these theories labour under serious difficulties. Brandis’ theory was
overthrown easily as soon as attention was called to the well-defined
heavy series of Aeginetic coins, he having been led to his opinion by a
comparison of the heaviest specimen of the Babylonian standard with the
lightest of the Aeginetic. Here incidentally we may call the readers’
attention to the fact that in numismatics the weight of the heaviest
specimens of any series must be regarded as the true index of the normal
weight, for whatever may have been the inclination to mint coins of a
weight lighter than the proper standard, we may rest assured that the
ancient mint-master was no more inclined than his modern representative
to put into coins of gold or silver a single grain more than the legal
amount. Hence it is a most faulty and fallacious method when dealing with
coin weights to take the average of a certain number of specimens as
the true standard. Out of 30 specimens 29 may have lost more or less in
weight by wear, whilst one may be a _fleur de coin_, perfect as at the
moment when it left the die. No one can doubt that the evidence of that
single coin as regards the standard is worth far more than that of all
the remaining 29 examples. I have thought it well to call attention to
this question of method as the vicious principle of arriving at standards
by taking the average is still found in works of men of great eminence.
Next let us consider the probability of the derivation of the Aeginetic
standard from Egypt. The fact that weights of like standard have been
found in that country, although superficially plausible, in reality is
of little force as evidence of borrowing. For unless we find that the
Egyptians used those weights for weighing _silver_, even the _prima
facie_ case breaks down at once. As a matter of fact there is no evidence
up to the present that these weights were so employed, although there is
some evidence of their being employed for gold (Flinders Petrie, _op.
cit._). But even granting that the Egyptians used the same standard as
the Aeginetans for silver, it does not at all follow that there has been
borrowing on either side. On the principle laid down below it will be
seen that it is quite possible for two peoples to evolve a like _silver_
standard perfectly independently of each other. But the real difficulty
which besets the theory of an Egyptian origin is that if the Aeginetans
were to borrow their standard from abroad, the people from whom they
would in all probability have obtained it were not the Egyptians, with
whom they had but slight relations directly, but rather the Phoenicians,
with whom they were in constant intercourse.
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