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Live auction - bgr_588556 - LYDIA - LYDIAN KINGDOM Trité d’électrum

LYDIA - LYDIAN KINGDOM Trité d’électrum XF
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Estimate : 1 200 €
Price : 880 €
Maximum bid : 960 €
End of the sale : 08 September 2020 14:31:31
bidders : 5 bidders
Type : Trité d’électrum
Date: c. 610-550 AC.
Mint name / Town : Sardes, Lydie
Metal : electrum
Diameter : 11,5 mm
Orientation dies : - h.
Weight : 4,69 g.
Rarity : R2
Coments on the condition:
Monnaie centrée. Deux contremarques bien visibles. Jolie tête de lion. Patine de collection
Catalogue references :


Obverse legend : ANÉPIGRAPHE.
Obverse description : Tête de lion à droite.


Reverse description : Double carré creux informe.


Deux contremarques : une sur la joue du lion et l’autre sur la tranche à 12h.

Historical background


(VII - VI century BC)

We do not know exactly when did the Currency (nomisma). It seems to make its appearance in the kingdom of Lydia in the second half of the seventh century before J. C-. But small stamped ingots are now identified and may represent the prototypes of the currency itself at the beginning of the seventh century before J. C-. The birth of the currency revolutionizes trading habits and evaluates objects from a standard and ensure value. This change is accompanied by an increase in trade and open markets. The fact that the first coinage of electrum (native metal carted by the rivers of Asia Minor as the Pactolus) have appeared in western Asia Minor is perhaps no accident, but the will of the owners (the kingdom of Lydia and the Greek cities of Asia Minor) to create a system of value and means of exchange in order to ensure. The currency is also the Act and it is sacred. Lydia was located at the crossroads of major highways and shopping areas, the Mediterranean basin and Central Asia. She was able to take advantage of this strategic location by implementing taxes and customs duties. With significant mineral resources and metal with electrum (natural alloy of gold and silver out), the Pactolus River carted nuggets and Mount Tmolus held veins, Lydia was the Greek world "s Eldorado "of Antiquity. The kings of Lydia entertained many trade with the Greek world, particularly through the Greek cities of the coast. Economic power, Lydia was also a banking power, since the Lydians invented the use of money. The kings of Lydia also participated in the religious life of the great and sacred places of worship. No certain timeline can be established as to the emergence of money. It was under the dynasty Mermnades between Gyges (685-644 AC. ) Alyattes II (610-561 AC. ) And before Croesus (651-546 AC. ) That money made its appearance in this part of the world.

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