Coinage Metals
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Coinage Metals
The coinage metals comprise, at a minimum, those metallic chemical elements which have historically been used as components in alloys used to mint coins. The term is not perfectly defined, however, since a number of metals have been used to make "demonstration coins" which have never been used to make monetized coins for any nation-state, but could be. Some of these elements would make excellent coins in theory (for example, zirconium), but their status as coin metals is not clear. In general, because of problems caused when coin metals are intrinsically valuable as commodities, there has been a trend in the 21st century toward use of coinage metals of only the least exotic and expensive types. History Historically, most coinage metals (or alloys) are from the three nonradioactive members of group 11 of the periodic table: copper, silver and gold, the copper usually being augmented with tin and often other metals to form bronze. Gold, silver and bronze or copper were the coinag ...
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Group 11 Element
Group 11, by modern IUPAC numbering, is a group of chemical elements in the periodic table, consisting of copper (Cu), silver (Ag), and gold (Au), and roentgenium (Rg), although no chemical experiments have yet been carried out to confirm that roentgenium behaves like the heavier homologue to gold. Group 11 is also known as the ''coinage metals'', due to their usage in minting coins—while the rise in metal prices mean that silver and gold are no longer used for circulating currency, remaining in use for bullion, copper remains a common metal in coins to date, either in the form of copper clad coinage or as part of the cupronickel alloy. They were most likely the first three elements discovered. Copper, silver, and gold all occur naturally in elemental form. History All the elements of the group except roentgenium have been known since prehistoric times, as all of them occur in metallic form in nature and no extraction metallurgy is necessary to produce them. Copper was kno ...
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Persian Daric
The Persian daric was a gold coin which, along with a similar silver coin, the siglos, represented the bimetallic monetary standard of the Achaemenid Persian Empire.Michael Alram"DARIC" ''Encyclopaedia Iranica'', December 15, 1994, last updated November 17, 2011 Cyrus the Great (550–530 BC) introduced coins to the Persian Empire after 546 BC, following his conquest of Lydia and the defeat of its king Croesus, who had put in place the first coinage in history. It seems Cyrus initially adopted the Lydian coinage as such, and continued to strike Lydia's lion-and-bull coinage. Darius I (521–486 BC) introduced a new thick gold coin which had a standard weight of 8.4 grams, equaling in value 20 silver coins. The gold used in the coins was of very high quality with a purity of 95.83% and it bore the image of the Persian king or a great warrior armed with a bow and arrow. Their use ended with Alexander the Great's invasion in 330 BC, after which they were mostly melted down and reco ...
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Precious Metal
Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial raw materials. Gold, silver, platinum, and palladium each have an ISO 4217 currency code. The best known precious metals are the coinage metals, which are gold and silver. Although both have industrial uses, they are better known for their uses in art, jewelry, and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher pri ...
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Ctesiphon
Ctesiphon ( ; Middle Persian: 𐭲𐭩𐭮𐭯𐭥𐭭 ''tyspwn'' or ''tysfwn''; fa, تیسفون; grc-gre, Κτησιφῶν, ; syr, ܩܛܝܣܦܘܢThomas A. Carlson et al., “Ctesiphon — ܩܛܝܣܦܘܢ ” in The Syriac Gazetteer last modified July 28, 2014, http://syriaca.org/place/58.) was an ancient city, located on the eastern bank of the Tigris, about southeast of present-day Baghdad. Ctesiphon served as a royal capital of the empires in the Parthian and Sasanian eras for over eight hundred years. Ctesiphon was capital of the Sasanian Empire from 226–637 until the Muslim conquest of Persia in 651 AD. Ctesiphon developed into a rich commercial metropolis, merging with the surrounding cities along both shores of the river, including the Hellenistic city of Seleucia. Ctesiphon and its environs were therefore sometimes referred to as "The Cities" (Aramaic: ''Mahuza'', ar, المدائن, '' al-Mada'in''). In the late sixth and early seventh century, it was listed as ...
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Susa
Susa ( ; Middle elx, 𒀸𒋗𒊺𒂗, translit=Šušen; Middle and Neo- elx, 𒋢𒋢𒌦, translit=Šušun; Neo-Elamite and Achaemenid elx, 𒀸𒋗𒐼𒀭, translit=Šušán; Achaemenid elx, 𒀸𒋗𒐼, translit=Šušá; fa, شوش ; he, שׁוּשָׁן ; grc-gre, Σοῦσα ; syr, ܫܘܫ ; pal, 𐭮𐭥𐭱𐭩 or ; peo, 𐏂𐎢𐏁𐎠 ) was an ancient city in the lower Zagros Mountains about east of the Tigris, between the Karkheh and Dez Rivers in Iran. One of the most important cities of the Ancient Near East, Susa served as the capital of Elam and the Achaemenid Empire, and remained a strategic centre during the Parthian and Sasanian periods. The site currently consists of three archaeological mounds, covering an area of around one square kilometre. The modern Iranian town of Shush is located on the site of ancient Susa. Shush is identified as Shushan, mentioned in the Book of Esther and other Biblical books. Name The English name is derived ...
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Sassanids
The Sasanian () or Sassanid Empire, officially known as the Empire of Iranians (, ) and also referred to by historians as the Neo-Persian Empire, was the History of Iran, last Iranian empire before the early Muslim conquests of the 7th-8th centuries AD. Named after the Sasanian dynasty, House of Sasan, it endured for over four centuries, from 224 to 651 AD, making it the longest-lived List of monarchs of Persia, Persian imperial dynasty. The Sasanian Empire succeeded the Parthian Empire, and re-established the Persians as a major power in late antiquity alongside its neighbouring arch-rival, the Roman Empire (after 395 the Byzantine Empire).Norman A. Stillman ''The Jews of Arab Lands'' pp 22 Jewish Publication Society, 1979 International Congress of Byzantine Studies ''Proceedings of the 21st International Congress of Byzantine Studies, London, 21–26 August 2006, Volumes 1–3'' pp 29. Ashgate Pub Co, 2006 The empire was founded by Ardashir I, an Iranian ruler who rose to po ...
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Persia
Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmenistan to the north, by Afghanistan and Pakistan to the east, and by the Gulf of Oman and the Persian Gulf to the south. It covers an area of , making it the 17th-largest country. Iran has a population of 86 million, making it the 17th-most populous country in the world, and the second-largest in the Middle East. Its largest cities, in descending order, are the capital Tehran, Mashhad, Isfahan, Karaj, Shiraz, and Tabriz. The country is home to one of the world's oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. It was first unified by the Medes, an ancient Iranian people, in the seventh century BC, and reached its territorial height in the sixth century BC, when Cyrus the Great fou ...
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Encyclopaedia Iranica
An encyclopedia (American English) or encyclopædia (British English) is a reference work or compendium providing summaries of knowledge either general or special to a particular field or discipline. Encyclopedias are divided into articles or entries that are arranged alphabetically by article name or by thematic categories, or else are hyperlinked and searchable. Encyclopedia entries are longer and more detailed than those in most dictionaries. Generally speaking, encyclopedia articles focus on ''factual information'' concerning the subject named in the article's title; this is unlike dictionary entries, which focus on linguistic information about words, such as their etymology, meaning, pronunciation, use, and grammatical forms.Béjoint, Henri (2000)''Modern Lexicography'', pp. 30–31. Oxford University Press. Encyclopedias have existed for around 2,000 years and have evolved considerably during that time as regards language (written in a major international or a vernacu ...
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Achaemenid Empire
The Achaemenid Empire or Achaemenian Empire (; peo, 𐎧𐏁𐏂, , ), also called the First Persian Empire, was an ancient Iranian empire founded by Cyrus the Great in 550 BC. Based in Western Asia, it was contemporarily the largest empire in history, spanning a total of from the Balkans and Egypt in the west to Central Asia and the Indus Valley in the east. Around the 7th century BC, the region of Persis in the southwestern portion of the Iranian plateau was settled by the Persians. From Persis, Cyrus rose and defeated the Median Empire as well as Lydia and the Neo-Babylonian Empire, marking the formal establishment of a new imperial polity under the Achaemenid dynasty. In the modern era, the Achaemenid Empire has been recognized for its imposition of a successful model of centralized, bureaucratic administration; its multicultural policy; building complex infrastructure, such as road systems and an organized postal system; the use of official languages across ...
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Monetary Standard
A monetary system is a system by which a government provides money in a country's economy. Modern monetary systems usually consist of the national treasury, the mint (facility), mint, central bank, the central banks and commercial banks. Commodity money system A commodity money system is a monetary system in which a commodity such as gold or seashells is made the unit of value and physically used as money. The money retains its value because of its physical properties. In some cases, a government may stamp a metal coin with a face, value or mark that indicates its weight or asserts its purity, but the value remains the same even if the coin is melted down. Commodity-backed money One step away from commodity money is "commodity-backed money", also known as "representative money". Many currencies have consisted of bank-issued notes which have no inherent physical value, but which may be exchanged for a precious metal, such as gold. (This is known as the gold standard.) The si ...
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Shekel
Shekel or sheqel ( akk, 𒅆𒅗𒇻 ''šiqlu'' or ''siqlu,'' he, שקל, plural he, שקלים or shekels, Phoenician: ) is an ancient Mesopotamian coin, usually of silver. A shekel was first a unit of weight—very roughly —and became currency in ancient Tyre and ancient Carthage and then in ancient Israel under the Maccabees. Name The word is based on the Semitic verbal root for "weighing" (''Š-Q-L''), cognate to the Akkadian or , a unit of weight equivalent to the Sumerian . Use of the word was first attested in during the Akkadian Empire under the reign of Naram-Sin, and later in in the Code of Hammurabi. The ''Š-Q-L'' root is found in the Hebrew words for "to weigh" (), "weight" () and "consideration" (). It is cognate to the Aramaic root ''T-Q-L'' and the Arabic ''root Θ-Q-L'' ''ثقل'', in words such as (the weight), (heavy) or (unit of weight). The famous writing on the wall in the Biblical Book of Daniel includes a cryptic use of the word in Aram ...
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Hebrew
Hebrew (; ; ) is a Northwest Semitic language of the Afroasiatic language family. Historically, it is one of the spoken languages of the Israelites and their longest-surviving descendants, the Jews and Samaritans. It was largely preserved throughout history as the main liturgical language of Judaism (since the Second Temple period) and Samaritanism. Hebrew is the only Canaanite language still spoken today, and serves as the only truly successful example of a dead language that has been revived. It is also one of only two Northwest Semitic languages still in use, with the other being Aramaic. The earliest examples of written Paleo-Hebrew date back to the 10th century BCE. Nearly all of the Hebrew Bible is written in Biblical Hebrew, with much of its present form in the dialect that scholars believe flourished around the 6th century BCE, during the time of the Babylonian captivity. For this reason, Hebrew has been referred to by Jews as '' Lashon Hakodesh'' (, ) since an ...
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