King Croesus of Lydia was responsible for creating the first bi-metallic coinage system. He struck both gold and silver coins of various sizes which represented different values.
All the coinage of Croesus features the stunning Lion and Bull design, symbolizing strength and virility. Most date back as far as 561 B.C. Don’t see what you’re looking for or have questions? Give us a call at 1-800-928-6468 and we will be happy to help!
King Croesus was by far the greatest king of the Lydian Empire. He would also be the last king - ruling from 561 to 547 B.C. He is renowned in history for his incredible wealth and was the first King to issue coins made of pure silver and pure gold instead of a mixture of the two metals. By developing an innovative refining process, the Lydians create a standardized purity for general circulation.
Croesus’ first gold coins in 550 BC were true works of art – as he depicted the lion and the bull on the world’s very first gold coin, THE STATER. Not only did he produce beautiful coins, but he also created a lavish palace in his capital of Sardis. Regarded as the richest man who ever lived by the Lydian people… they started using the expression “rich as Croesus.”
The fall of Croesus and the Lydian Empire happened in 547 B.C. as the Persians conquered all of the Ionian Greeks of Asia Minor and assimilated them into the Persian Empire.
If you have any questions regarding what ancient coin to add or start your collection with, please call an Ancient Coin Advisor at Austin Rare Coins & Bullion… we are the industry leaders in the ancient coin marketplace and would be more than happy to help you find what rare or ancient coin you are looking for!
Austin Rare Coins & Bullion has been an industry leader in physical precious metals and rare coins since 1989. We've completed over $1 billion in trusted transactions. Located in Austin, Texas, we have an impeccable reputation in the industry, rated A+ by the BBB.
Our Austin Advisors specialize in constructing balanced and diversified hard asset portfolios with a strict focus on safety, security, and privacy. This gives peace of mind to our clients; many who are affluent, high net worth individuals and investors.