Origins of Silver and Gold Coinage Pt. 1: The Lydian Stater

Artemis Temple of Sardis at Turkey

According to Greek historian Herotodus, writing in the fifth century BCE, the first people to use gold and silver coinage were the Lydians, who inhabited an kingdom mostly in the area of modern-day Turkey. Modern historians believe Herotodus’ account to be mostly accurate. They believe that the use of precious metals as coins began somewhere … Read more