The history of lydia the world's first coin

in #coinhistory2 years ago (edited)

HISTORY OF THE KINGDOM

images.jpg

The Kingdom of Lydia was located in Western Anatolia (modern Turkey) Lydia or Lydia (Akkadian: Luddu; Greek: ) was an ancient region in western Asia Minor, this Kingdom existed from about 1200 BC to 546 BC in what is now part of the modern province of Izmir and Manisa in Turkey. Its ancient capital was Sardis. However, at the height of its power, the Lydian kingdom covered all of western Anatolia. The Lydian empire was known to be commercially savvy, so their possible position as inventors of currency makes sense. It is also believed that the Lydians were the first to set up retail stores in permanent locations.

Approximately 2,700 Years Old, This Is The World's Oldest Coin, Its Shape Is Not Like Today's Coins, More Like Tiny Gold Pads.
Coins have been in use for more than 2,700 years, their withdrawal from circulation would see erasure as one of the most enduring markers of human civilization.
Physical money, like coins, is a very important document of the historical development of mankind.

lydia-gold-0c33f1dd6388a9c08bf826cbae99c9ab.jpg

IMG_20221026_143839.jpg

Tiny shiny metal discs that appear as relics of ancient civilizations provide deep philosophical links that span thousands of years.

Coins from thousands of years ago represent the value system we still know, it is the seed metal from which the market economy grew
The use of precious metals as currency when gold bullion of a certain weight was used in ancient Egypt.

But the discovery of true currency is thought to date back to the 7th century BC when, according to Herodotus, the Lydians were the first to use gold and silver coins.

Despite Herodotus' emphasis on these two precious metals, the first Lydian coins were actually made of electrum,a naturally occurring alloy of silver and gold. Over time, the coins created by the Lydians were later added with a lion's fist stamp to make it more authentic as a medium of exchange. In addition to marking authenticity, the stamp also serves to flatten the shape of the coin so that it weighs the same and there is no need to use a scale if you want to determine the level of purity of the coin.

Penulis.@wierhistory

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 60051.08
ETH 2417.58
USDT 1.00
SBD 2.43