Ancient Persian Coins
- Posted: July 12, 2022Categories: Ancient Coins, Ancient Persian CoinsRead more »
King Croesus renowned wealth became synonymous with his own name. The saying "rich as Croesus" originated in reference to his absurd affluence. Subsequently, Croesus reign became associated with the invention of coins as currency. Before Croesus became King, his father Alyattes had already started to mint various types of non-standardized coins. However, Croesus took it one step further. By developing an innovative refining process and standardizing the specific sizes as well as the purity for general circulation, King Croesus advanced both silver and gold.
In other words, Croesus created intrinsic value deriving from a certain quantity of gold or
- Posted: March 11, 2022Categories: Ancient Coins, Ancient Persian CoinsRead more »
The Persian Empire was a series of imperial dynasties centered in modern-day Iran. It spanned from 559 B.C. to 330 B.C. The Wealth of the Persian Empire was because they were the first empire to embrace a monetary system. They bought and trading goods with coinage and were also the first to collect taxes in coins. These factors led the Persian Empire to thrive and Persian Kings to be fabulously wealthy. This wealth enabled Persians to build superior roads. In fact, their roads linked major trade partners and massive architectural wonders within their Empire
Great leaders of the Persian Empire, also known as the Achaemenid Empire, included Cyrus the Great, Darius, and Xerxes. In addition, other family members ruled the Achaemenid Dynasty. These great leader were the first in the world to embrace a monetary system and created wealth
- Posted: February 19, 2022Categories: Ancient Coins, Alexander the Great, Ancient Persian CoinsRead more »
The Persian Achaemenid Empire ruled Babylon for about two hundred years. They were the first super power of the ancient world. Their vast empire reached from India down to Egypt and all the way up to the northern border of Greece. The Achaemenids were an unstoppable force until Alexander did the unthinkable. Alexander the Great conquered Babylon and defeated the Achaemenids in 331 BCE. Alexander's actions change the entire ancient world.
Alexander learned to be a great leader and powerful imperialist from his father Philip II. He also learned to be a battle strategist. Moreover, he knew what the odds would be against an outmatched manpower. But, despite the odds Alexander relied on speed and distraction to achieve victory after victory. Subsequently, Alexander the Great
- Posted: March 26, 2021Categories: Ancient Coins, Rare Silver Coins, Ancient Persian Coins, Ancient Greek CoinsRead more »
This is the first silver coins ever struck! It dates back over 2,500 years to modern-day Turkey. King Croesus of Lydia was the first person to issue a bi-metallic coinage system. In addition, it was meant for circulation throughout the kingdom. Coinage of King Croesus all used the same design. They are struck in both gold and silver. Consequently, the design showed a lion and a bull facing one another. The bull implies fertility and the lion implies strength.
The Silver staters are the largest denomination of silver coins from Croesus. There is also a half stater, quarter stater, sixth stater, twelfth stater and a tiny 1/24th stater! We have even sold 2 examples of
- Posted: January 18, 2021Categories: Ancient Coins, Rare Gold Coins, Ancient Persian CoinsRead more »
An ancient Persian Gold Daric is a high-purity gold piece and weighs approximately 8.4 grams. This weight is based on an ancient weight standard.
The Daric was also referred to as a Babylonian shekel. It was called a shekel because it was equivalent to one month's pay for a mercenary foot soldier. We know what Persian Darics were used for. Persian Darics were some of the first coins ever used as currency. Currency was a new concept, because in ancient times bartering was the norm.
One daric could be exchanged for 20 silver sigloi. This was a daric's silver currency counterpart.