Coinage in Ancient Greece by The Nickle

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Coinage in Ancient Greece

Marina Fischer
The Nickle Coin Collection is one of the most
important numismatic collections in Canada.

The large founding donation was presented to


the University of Calgary in 1980 by Carl O.
Nickle, and has since been enlarged through
the generosity of The Nickle Family
Foundation and others.

The collection now consists of over 20,000


items, primarily ancient Greek, Roman and
Byzantine coins, but also collections of paper
money, ethnographic token money, European
coins from the medieval to modern periods,
and medals of the 18th and 19th century.
Carl O. Nickle

nickle.ucalgary.ca
Overview

1. World’s first coins from Lydia


2. Archaic coinage ca. 600-480 BCE
3. Classical coinage ca. 480-323 BCE
4. Hellenistic coinage ca. 323-30 BCE
Numismatics is the study or collection of currency including coins, tokens,
paper money, and related objects.

Numismatics is derived from the French adjective numismatique, meaning "of


coins", which was derived from the Greek Nomisma (νόμισμα), meaning ‘current
coin’. It was first used as a term in 1829 in the English language to describe the
field of study of coins.

©Mike Markowitz
©Mike Markowitz
Lydian Coinage

World’s First Coins


7th century BCE
aclassicaday.blogspot.ca
Proto-Coins

traveltoeat.com

Striated Type, c. 650 - 600 BCE, electrum, one-sixth Stater, 2.47 gm,
obverse flattened striated surface; reverse two rough incuse punches

The earliest coins were struck from electrum, a natural alloy of gold
and silver found as nuggets in the rivers and streams of Lydia and Ionia.

This striated type is believed to be the earliest coin and is sometimes


described as a proto-coin.

The lines on the obverse are thought to represent flowing water.


Lydian Lion Coins

forumancientcoins.com
Lydia. Electrum 1/3 stater, ca. 650 BCE
Obverse: Head of a roaring lion right, knob with multiple rays on forehead

These coins retained the general nugget shape and two reverse
incuse punch marks of the proto-coins.
Minting of Coins

www.uq.edu.au
www.littletoncoin.com

Ancient coins were struck using hand-held dies and hammers


Byzantine die

Islamic die

Greek Owl die


©wikipedia
Coins of King Croesus

NG1990.1.136
Silver stater
King Croesus
ca. 561-546 BCE
Sardis, Lydia
Bi-metallic coinage Diameter: 13.5mm
First silver and gold coins Weight: 5.35g
www.cngcoins.com

LYDIA. Croesus. Ca. 561-546 BCE. AV Stater (16mm, 10.76 g). Sardis mint. Confronted
foreparts of lion, with sun on forehead, and bull / Two incuse squares.

Extremely rare, one of eleven known examples of this issue.


First Greek Coins in Ionia

• During the 6th century BCE, coinage soon spread from


Lydia to the Greek cities of coastal Asia Minor.

• From there it reached the Greeks of the islands and the


mainland.
NG1992.3.4 Ob: lion’s paw
Electrum 1/96 stater Rv: punch mark
Ionia
6th century BCE
Diameter: 3mm Electrum coins lasted about 50 years
Weight: 0.12g
• The coinage then spread throughout the Mediterranean
with cities developing their own, unique, devices on their
coins as a badge of civic pride.

• The devices on these coins quickly came to identify their


source cities or kingdoms.

• Thus the coins served not only as a medium of exchange,


but also as a means of promotion or propaganda.
Table of Denominations Based on the Stater
14.1 grams

0.15 grams

artantiquities.wordpress.com
©wikipedia
Greek World : Spreading of Coinage

www.greek-islands.us
tjbuggey.ancients.info
Coins and the Cities

Greek coins were used to emphasize the


independence and individuality
of their city-states.
5 Types of Iconography

1. City badges (emblems)

ARCHAIC 2. Puns
CLASSICAL
3. Economy & Produce

4. Mythological iconography (gods, goddesses,


heroes and their attributes)

5. Portraiture HELLENISTIC
Archaic Coinage

Age of Symbolism
ca.600-480 BCE
Coins of Aegina

NG1993.8.1 http://educators.mfa.org

Silver stater (didrachm) Ob: sea turtle


Aegina Rv: deep windmill incuse (8 compartments)
ca. 510-485 BCE Aegina’s turtles were the first coins produced in Europe, and
Diameter: 20mm first universally accepted, standardized currency, not intended
Weight: 12.23g strictly for local use.
The earliest Greek coins had no identifying inscriptions or "legends," and relied
upon the types alone for identification.

NG1992.2.11 Ob: sea turtle


Silver obol Rv: deep windmill incuse (5 compartments)
Aegina
ca. 550-480 BCE
10,000 coins annually for over 70 years
Diameter: 6.5mm
Weight: 0.84g
Silver came from a mine of Siphonos, an island in the Aegean.
NG1992.2.12 Ob: land tortoise
Silver obol Rv: shallow windmill incuse (5 compartments)
Aegina
ca. 404-340 BCE
Diameter: 8mm From Aegina, coinage spread rapidly
Weight: 0.88g to Athens and Corinth.
Turtle was not a sacred animal

©wikipedia
imageinfo.co.uk

“Courage and wisdom are overcome by Turtles”


Classical Coinage

Age of High
Technique & Style
ca.480-323 BCE
1. City Badges (Emblems)

NG1992.2.41 Ob: Boetian shield


Silver hemidrachm Rv: kantharos, club, inscription
Thebes
ca. 379-371 BCE By the end of the 6th century BCE, most Greek coins had types
Diameter: 13mm on both sides
Weight: 2.49g
Black-figured amphoras, 6th century BCE

pinterest.com
Legends (Inscriptions)

• By the late 6th century BCE, as the number of poleis issuing coins
grew and as the coins circulated ever further from their home
territories, it became even more important to establish which
coins came from which polis, and thus it became common
practice to supply an abbreviation of the city's name.

• The usual form of the name is the genitive plural, for example,
"of the Athenians”. This practice highlights the communal
character of the polis.

• In contrast, during the Hellenistic and Roman periods, coins were


issued in the name of kings or emperors.
2. City Name Puns

NG1992.2.105
Silver didrachm Ob: Helios
Rhodes Rv: ῥόδον – rose, inscription
ca. 400-333 BCE
Diameter: 20mm
Weight: 6.43g
Colossus of Rhodes by Frantisek Kupka (1906)

ancient.eu
3. Economy / Produce

NG1990.1.66
Silver stater Ob and Rv: barley ear
Metapontum
ca. 550-480 BCE
Diameter: 23.5mm
Weight: 7.8g
4. Mythology:
Gods, Goddesses, Monsters, Heroes & Attributes

NG1990.1.146
Silver stater Ob: Athena wearing a Corinthian helmet
Corinth Rv: Pegasus (winged horse)
ca. 338-300 BCE
Diameter: 22mm
Weight: 8.34g worcesterart.org
NG1990.7.5
Silver didrachm
Populonia Ob: Gorgoneion - apotropaic , XX
ca. 450-350 BCE Rv: caduceus
Diameter: 22mm
Weight: 8.45g
bonhams.com
Coins of Athens

NG1990.1.57 Athenian Owls were thick, heavy, high-relief silver


Silver tetradrachm coins.
Athens
ca. 490-430 BCE Owls were the first international coin.
Diameter: 25mm
Weight: 16.99g
“Almond” Eyes and Archaic Smile
oberlin.edu
Woman
Egypt
ca. 1335 BCE

oberlin.edu

New York Kouros


Archaic Period
ca. 590 BCE Anavysos Kouros
Archaic Period
ca. 530 B.C.E.
imgkid.com
NG1990.1.58 Athena - patron goddess of Athens, goddess of
Silver obol wisdom and ware fare, wearing Attic helmet
Athens
ca. 479-393 BCE Owl - Athena's attribute or symbol
Diameter: 9mm
Weight: 0.66g

apisea.com
The owl species depicted on Athenian Owls is the Athene Noctua, also
called the Little Owl or Minerva Owl.

6 to 8 inches tall and 2.5 to 4.5 ounces


Range from the Mediterranean to Scandinavia

athenianowlcoins.reidgold.com
bird-ukraine.pp.ua
NG1989.1.131 Ob: Athena, forward facing realistic eye
Silver tetradrachm Rv: owl, no incuse square
Athens TEST CUT
ca. 330 BCE
Intermediate or Hellenistic Style
Diameter: 22mm
Weight: 16.94g

©wikipedia
Aphrodite of Knidos
by Praxiteles
ca. 350 BCE

oneonta.edu

Athena on coins becomes more human in


response to changing attitudes towards
representation of the human form in Greek art
oneonta.edu
Ob: Ornate helmet with 2 crests
NG1990.1.61 Rv: owl, amphora, laurel wreath
Silver tetradrachm
Athens A drastic change in the fabric of the coins, as the
“New Style” (under Roman rule) flans became broader and thinner, and the relief
ca. 186-86 BCE much lower
Diameter: 29mm
Weight: 15.97g The features and proportions became more true
to life than ever before.
Hellenistic Coinage

Age of Portraiture
ca.323-30 BCE
http://platos-academy.com

NG1993.5.103 Ob: Herakles wearing a lion skin


Silver tetradrachm Rv: Zeus
Aradus under Macedonian rule
ca. 336-323 BCE The most widely circulated coinage in
Diameter: 26mm the ancient world – the Alexanders
Weight: 16.97g
Alexander’s Empire

spchumanities.wordpress.com
Portrait of Alexander the Great
British Museum
Marble
2nd-1st century BCE
Livius.org
NG1989.1.124
Silver tetradrachm
King Philip III Arrhidaeus Modern forgery
ca. 336-323 BCE
Diameter: 15mm
Weight: 3.76g
NG1990.1.33 Ob: Elephant scalp, horns of Ammon, aegis
Silver tetradrachm Rv: Athena Alkidemos, eagle on thunderbolt
Alexandria
Ptolemy I
ca. 323-285 BCE
Diameter: 30mm
Weight: 14.99g
wildwinds.com
NG1990.1.47 Ob: Ptolemy I and Berenice I
Gold octodrachm ΘΕΩΝ (= Theōn, “of the gods”)
Alexandria
Ptolemy II Rv: Ptolemy II and sister/wife Arsinoe II with diadems
ca. 285-246 BCE ΑΔΕΛΦΩΝ (= Adelphōn, “of the siblings”)
Diameter: 29mm
Weight: 27.72g Emphasis on family and dynastic continuity
NG1990.1.46
Gold octodrachm Ob: Arsinoe II , stephane, veil
Alexandria Rv: Double cornucopiae bound with
ca. 285-246 BCE fillet, inscription ARSINOHS
Diameter: 26.5mm FILADELFOU
Weight: 27.87g

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