Category Archives: Currency

Currency history

Share For the italic Peninsula, in spite of their favorable position in center of the Mediterranean, their natural borders have constituted during manycenturies barriers extremely difficult to surpass. At prehistoric time, the mountain range of the Alps and the waters that surround the bootthey imposed remarkable limitations to the contacts with the other towns. The Read More →

Share Carthage, Qart Hadasht, mean new city. Until his confrontation with Rome, made specific in the Punic wars, it was the greater powerof the western Mediterranean. Founded by the Phoenicians on year 814 BC, in century III BC counted almost 400, 000 inhabitants, and wasactive center of commercial interchanges. The main interest of the Phoenicians Read More →

Share In the first decades of century III BC, after the wars of the diádocos (the immediate successors of Alexander Magno), they stabilized the three main hellenistic kingdoms: Egypt, Syria and Macedonia. The dynasty that reigned in Egypt was the one of the Tolomeos (or Lágidas), the Seiéucidas controlled Syria, whereas to the Antigónidas, descendants Read More →

Share At the beginning of century V BC, the kings of Macedonian, a region to the north of the Greek Peninsula coined currency with their name. WithAlexander 1 (years 498-454 BC) coined first dracmas and the first estateras, that present/display a rider with atuendo Macedonian. This dynasty of the Argeadas, that gave to men of Read More →

Share Dracma was in the beginning the main ponderal unit. Soon, with this term a silver currency was also designated. Dracmait represented in weight half, whereas the whole number constituted the estatera, that when this one era of gold was equivalent to 20 dracmas. The types, that is the figure or represented object, that appear Read More →

Share It is not easy to follow a classification criterion for the Greek currencies: poleis was numerosísimas, and almost all, for commercial reasonsand by national pride, they were organized to coin its own currencies. There was no uniformity in the systems of weight, and many citiesthey adopted symbols such or they had identical distinguishing letters. Read More →

Share The old ones showed preference by two metals: gold and silver. This predilection justified many factors, that send us toconditions that determined the use of the metal like guideline of value for the commercial interchange. It was necessary that the material was rare, but not too much; that enough maleable turned out in order Read More →

Share At the beginning of the century I BC is possible that the commercial activities were regulated of little homogenous way, and that were superposedthe diverse systems of interchange. For the domestic transactions and of limited organization one resorted to the exchange, already in use betweenprehistoric towns, to the natural currency with cattle or cereal Read More →

Share Although the studies are numerous and hypothesis about whom it has invented the currency, nobody has still guessed right to give an answerdefinitive. Naturally, primacía of a system of interchange so spread, that it has promoted contacts, commercial relations andcirculation of ideas between the towns, is object of debates and it lends to the Read More →