Lydian Empire
- Posted: July 12, 2022Read 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 26, 2021Read 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