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- The history of coins12345:
- Coins were introduced as a method of payment around the 6th or 5th century BCE.
- The Lydians are credited with minting the first coins.
- Metal coins were used because they were readily available, easy to work with, and could be recycled.
- Coinage was invented in the ancient kingdom of Lydia during the 7th century BC.
- Soon, nearly every Greek city and colony began to produce their own coins.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The history of coins stretches back to the first millennium BC/BCE. Notable examples of coins include the Lydian Lion coins, Persian daric and siglos, Tong Bei, the dirham and gold dinar. Coins are a major archaeological source of history.en.wikipedia.org/wiki/History_of_coinsCoins were introduced as a method of payment around the 6th or 5th century BCE. The invention of coins is still shrouded in mystery: According to Herodotus (I, 94), coins were first minted by the Lydians, while Aristotle claims that the first coins were minted by Demodike of Kyrme, the wife of King Midas of Phrygia.www.worldhistory.org/coinage/Metals objects were introduced as money around 5000 B.C. By 700 BC, the Lydians became the first in the Western world to make coins. Metal was used because it was readily available, easy to work with, and could be recycled. Soon, countries began minting their own series of coins with specific values.www.thoughtco.com/history-of-money-1992150The use of cast-metal pieces as a medium of exchange is very ancient and probably developed out of the use in commerce of ordinary ingots of bronze and other metals that possessed an intrinsic value. Until the development of bills of exchange in medieval Europe and paper currency in medieval China, metal coins were the only such medium.www.britannica.com/money/coinCoinage was invented in the ancient kingdom of Lydia during the 7th century BC, in what is today central Turkey. The idea was quickly adopted by the Greeks and soon nearly every Greek city and colony from southern France to the northern shores of the Black Sea began to produce their own coins.www.money.org/money-museum/history-of-money/ Coin | History, Value, & Types | Britannica Money
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History of coins - Wikipedia
Ephesus' great temple of Artemis has provided evidence for the earliest coins yet known from the ancient world. The first structures in the sanctuary, buried deep under the later temples, date back to the eighth century BCE, and from that time on precious objects were used in the cult or dedicated to the goddess by her worshippers.
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History of money - Wikipedia
The history of money is the development over time of systems for the exchange, storage, and measurement of wealth. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter.
Money may take a physical form as in coins and notes, or may exist as a written or electronic account. It may have intrinsic value (commodity money), or be legally exchangeable for somethi…Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 10 mins
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While the use of metal for money can be traced back to Babylon before 2000 BCE, standardized and certified coinage may not have existed until the 7th century BCE. According to many historians, it was during this time that the …
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Coinage was invented in the ancient kingdom of Lydia during the 7th century BC, in what is today central Turkey. The idea was quickly adopted by the Greeks and soon nearly every Greek city and colony from southern France to the northern …
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Feb 23, 2024 · First metal money — coins. The first metal coins date back to the 7th century BCE in Lydia (modern Turkey) and China. In China, metal coins were made of bronze and shaped …
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