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
hung up in the temple of the Argive Here the ancient nails and bars? The
first explanation is the more probable, for there was no reason why the
Tenedians should not have dedicated their cast off currency of axes in
some temple at home. I have already mentioned the hoe currency of ancient
China, and the axes used as such in Africa. I shall now show that such
double-axes as those stamped on the coins of Tenedos formed part of the
earliest Greek system of currency. I have already enumerated the various
articles used in barter in the Homeric poems. The prizes offered in the
Funeral games of Patroclus are of course merely the usual objects of
barter and currency, slavewomen, oxen, lebetes, tripods, talents of gold
and the like. “But he (Achilles) set for the archers dark iron, and he
set down ten axes (πελέκεας), and ten half-axes (ἡμιπέλεκκα)[383].” The
axe is undoubtedly of the same kind as that on the coins of Tenedos,
the name (_pelekys_) being the same in each case, and the Homeric one
beyond doubt is double-headed like the Tenedian, since the half-axe
(_hemi-pelekkon_) must obviously mean a single-headed axe[384]. The
double-axes formed the first prize, the ten half-axes the second, for
“Meriones took up all the ten axes, and Teucer bore the ten half-axes
to the hollow ships[385].” These axes and half-axes then seem to go in
groups of ten as units of value, the half-axes representing half the
value of the double-headed. If then the kettle and tripod of Homeric
times are found as symbols on the coins of Crete, why may not the axe on
those of Tenedos represent the local unit of an earlier epoch? and that
such axes were evidently an important article in Tenedos is proved by the
dedication at Delphi.
[Illustration: FIG. 35. Coin of Phanes (earliest known inscribed coin).]
[Illustration: FIG. 36. Archaic coin of Samos.]
[Illustration: FIG. 37. Coin of Cnidus.]
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