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The Evolution of Coins Throughout History

GREEK TURTLE DRACHM COIN AND WEIGHT ENGLISH COINS, REIGN OF HENRY V THE FIRST AMERICAN DOLLAR COIN AEGINA ISLAND (700 B.C.) (1795) (1413-1422 A.D.) evolution of COINS Surprisingly, the firat American dollar wan actualy coined under the authority of the King of Spain. Minted in Mexico Gity, the well-known and respected Spanish miled dollar (above right) was in wide circulation in the British colonies in North America. The reasoning was an effort from Britain to monopolize trade within its colonies who were not allowed to prodhace their own currency. This coin's history is somewhat of a mystery, but it is vahaed as one of the most sought after coins of today's collectors. Why? Because these turtle coins are among the oldest Jnown coine in existence. THE Imprinted during the reign of Henry V, these coins display a These coins consisted of lumps of metal called electrum (a blend of gold and silver found in the Siphnos mines) stamped with an official impression to guarantee the coin was of particular weight. These turtle coins became the dominant form of curency of Aegina in Southem Greece, and although Aegina was lmown for its widespread trading customs, experts believe that these coins were mostly for local use. kings face on one side witha large, broad crom on the reverae. This coin design resembles those of Henry's ancestral line of lings from It wasn't until after the American Revokationary War that America crafted its own official dollar left). The coin was designed with the liberty head and har flowing hair on one side and the eagle on the reverse for those who couldn't tolerate Benjamin Franklin's idea of making the wild turkey America's national bird Franklin did a lot of ROMAN IMPERATORIAL COINS, JULIUS CAESAR (49-27 B.C.) many years prior. In fact, it was in 1412 that Henry IV (Henry Vs father) slightly modified the coinage due to a shortage of bullion. The remult forced an THROUGHOUT HISTORY These coins, minted in 44 BC. and weighing approximately 3.63 grams, denote the infamous Julius Caesar as "Dictator for Life." They were also the last coins printed with Caesar's image, as he would die a few woelos after minting. We've all heard the story of Caesar and Brutan, and as it turms out, Caesar's ambition and pride, illustrated by his image on these coins, was too much for Brutus and the Republican party. As a result, this particular coin, along with similar others, is often referred to as the coin that killed Caesar." Currency. Money. Wealth. These words have a strong approximate 10% coin meaning in our modern society, as almost everything we desire requires some form of it. You want that new car? Then you're going to need money - and lots of it. You like that new pair of shoes at the store? Fine, but you've got to cough up reduction in the weight of gold and a 16% decrease in the 1595 weight of silver, beinging the Hnglish coinage in line with exiating continental atandarda. things for America, but his taste in choosing a national bird was simply ridiculous. the dough. You get the picture. GREEK TURTLE DRACHM COIN AND WEIGHT AEGINA ISLAND (700 B.C.) BRONZE COINS OF THE CHINESE HAN DYNASTY (200-100 B.C.) ROMAN IMPERATORIAL COINS, JULIUS CAESAR (49-27 B.C.) COINS OF PONTIUS PILATE (29-32 A.D.) INDIAN COINS, CHANDRAGUPTA GOLD DINAR (335-370 A.D.) BYZANTINE GOLD COINS (912-913 A.D.) SCANDINAVIAN COINS (995-1100 A.D.) ENGLISH COINS, THE FIRST AMERICAN DOLLAR COIN (1795) JAMAICAN COIN (MODERN DAY) Money is more vital to our civilization than ever before, and each day it gains even more societal worth. However, money REIGN OF HENRY V (1413-1422 AD.) hasn't always been perceived the way we see it now. In fact, the actual form of coins didn't originate until around 650 B.C. and, even then, most monetary denominations were measured in weight, not at a preset value. Originally, currency was used BRONZE COINS OF THE in trade deals, negotiations and bartering. You know – I'll JAMAICAN COIN CHINESE HAN DYNASTY SCANDINAVIAN COINS (MODERN DAY) give you these fish I caught for that fox you trapped. (200-100 B.C.) (995-1100 A.D.) This Jamaican hummingbird coin - although ik does not yet share the historical significance of the other featured coins in this During the early rale of the Han Dynasty, people uaed Pan Liang coinage as the main curency. A lot af these Chinese coins had a hole through the center to accommodate the threading of a string for a more convenient way to carry. Good thinking, too, because it would be another few bundred years before the handiness of pockets woukd come into play Beginning in the 9th and extending into the 11th century, silver coine had become a popular means of paym ent in the Nardic region. Evidence of Viking hoarda tells us that foreign. coins, particularly those of the Angko-Saxon, were irmitated in Scandinavia. This particular penny bears the inscription ONLAF REX NOR or "Olav King of the Norwegians." To bring you up to speed, here's a list of various coins spanning several centuries and many countries. TIVE ENTY article - displaya how beautiful and hustrous today's coins can be. Acoin incorporating several colors and a gorgeous glos is a feat unheard of in ancient times, even if they were minting their coins out of pure gold and silver. INDIAN COINS, CHANDRAGUPTA GOLD DINAR COINS OF PONTIUS PILATE (335-370 A.D.) BYZANTINE GOLD COINS There have been a wide variety of coins over the past millennia and almost every great divilization has created their own form of coin currency. It's amazing to see how far the coin has come, from ts humble beginnings as not much more than a mere mound of silver to the elegant and intricate designs of some of today's coina One thing is for certain - despite the variety of technologies that have risen over the last several decades, such as check cards and digital banking, coins are still used today, literally withstanding the test of time. (29-32 A.D.) AU ADE The percentage of gold under the reign of Gupta rulers was showing ateady dedine over the centuries as it decreasnd from 90% pure gold under Chandragupta (319-335 AD.) to around 75-80% during Slandagupta's reign (467 AD.). This particular coin, weighing 7.8 grams, depicta the king offering oblations on an altar on the front and a goddess seated on a throne on the reverse. A legend about the lord of the earth conquering the gobe and winning heavenly praise through a noble act may explain the imagery on this coin. (912-913 A.D.) These smal bronze Prutah's coins (denomination) were minted during the reign of Pontius Pilate. On one side is a laurel wreath and on the other is a curved, wooden, ceremonial staff. Many of these coins and similar ones imprinted during Pilate's time were relatively crude in compariaon to other Roman coins; however, these particular coins hold great value because of their dlose connection with the life and death of Jesus Christ. This is a rare solidus of Alexander, weighing 4.35 grams. The reason behind this Byzantine coin's rarity is due to the fact that this is the only gold type issued during a very short reign. Early Byzantine coins continued the Roman conventions displaying the head of the Emperor (now full face rather than in profile) and, an the reverse, typically a Christian symbol such as the cross, a Victory or an angel. Coins represented on the infograph may not be available for sale in the ICCOIN store SENES MABRY ALSA

The Evolution of Coins Throughout History

shared by smurf on Aug 31
Currency. Money. Wealth. These words have a strong meaning in our modern society, as almost everything we desire requires some form of it.




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