Monetary History Of Iran
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Monetary History Of Iran
Ancient period * Achaemenid coinage * Drachma * Seleucid coinage * Parthian coinage * Sasanian coinage Sasanian coinage was produced within the domains of the Iranian Sasanian Empire (224–651). Together with the Roman Empire, the Sasanian Empire was the most important money-issuing polity in Late Antiquity. Sasanian coinage had a significant influ ... Islamic period * Arab–Sasanian coinage *THE SAFAVID PERIOD 1502-1722 *THE AFSHARID AND ZAND PERIOD 1722-94 *THE QAJAR PERIOD 1779-1925 Economic history of Iran {{Iran-stub ...
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Achaemenid Coinage
The Achaemenid Empire issued coins from 520 BCE–450 BCE to 330 BCE. The Persian daric was the first gold coin which, along with a similar silver coin, the siglos (from grc, σίγλος, he, שֶׁקֶל, '' shékel'') represented the first bimetallic monetary standard.Michael Alram"DARIC" ''Encyclopaedia Iranica'', December 15, 1994, last updated November 17, 2011 It seems that before the Persians issued their own coinage, a continuation of Lydian coinage under Persian rule is likely. Achaemenid coinage includes the official imperial issues (Darics and Sigloi), as well as coins issued by the Achaemenid provincial governors (satraps), such as those stationed in Asia Minor. Early coinage of Western Asia under the Achaemenid Empire When Cyrus the Great (550–530 BC) came to power, coinage was unfamiliar in his realm. Barter, and to some extent silver bullion, was used instead for trade. The practice of using silver bars for currency also seems to have been current in Central ...
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Drachma
The drachma ( el, δραχμή , ; pl. ''drachmae'' or ''drachmas'') was the currency used in Greece during several periods in its history: # An ancient Greek currency unit issued by many Greek city states during a period of ten centuries, from the Archaic period throughout the Classical period, the Hellenistic period up to the Roman period under Greek Imperial Coinage. # Three modern Greek currencies, the first introduced in 1832 by the Greek King Otto () and the last replaced by the euro in 2001 (at the rate of 340.75 drachmae to the euro). The euro did not begin circulating until 2001 but the exchange rate was fixed on 19 June 2000, with legal introduction of the euro taking place in January 2002. It was also a small unit of weight.. Ancient drachma The name ''drachma'' is derived from the verb (, "(I) grasp"). It is believed that the same word with the meaning of "handful" or "handle" is found in Linear B tablets of the Mycenean Pylos. Initially a drachma was a ...
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Seleucid Coinage
The coinage of the Seleucid Empire is based on the coins of Alexander the Great, which in turn were based on Athenian coinage of the Attic weight. Many mints and different issues are defined, with mainly base and silver coinage being in abundance. A large concentration of mints existed in the Seleucid Syria, as the Mediterranean parts of the empire were more reliant on coinage in economic function. The symbol of Seleucid power was the anchor, which was placed on the obverse of coins depicting Alexander posthumously. Some Seleucid bronze coinage feature decorative serrated edges similarly with certain Roman denarii and rare Macedonian coins. The first Seleucid royal mint was at Seleucia on the Tigris. Antioch, as a new capital, did have the most important mint after Seleucus I moved mint workers there from Seleucia. Denominations ''Bronze'' coinage was issued in five denominations; the weight and size varies greatly and most likely no effort was made to conform to a set standard ...
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Parthian Coinage
Parthian coinage was produced within the domains of the Parthian Empire (247 BC – 224 AD). The coins struck by the Parthians were mainly made of silver, with the main currencies being the drachm and tetradrachm. The tetradrachm, which generally weighed around 16 g, was only minted in Seleucia, first conquered by the Parthians in 141 BC. Design-wise, Parthian coinage was based on Seleucid and Achaemenid satrapal coinage. See also * Achaemenid coinage * Sasanian coinage Sasanian coinage was produced within the domains of the Iranian Sasanian Empire (224–651). Together with the Roman Empire, the Sasanian Empire was the most important money-issuing polity in Late Antiquity. Sasanian coinage had a significant influ ... References Sources * * * * * * * * * * * {{Parthian Empire Parthian Empire Ancient currencies ...
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Sasanian Coinage
Sasanian coinage was produced within the domains of the Iranian Sasanian Empire (224–651). Together with the Roman Empire, the Sasanian Empire was the most important money-issuing polity in Late Antiquity. Sasanian coinage had a significant influence on coinage of other polities. Sasanian coins are a pivotal primary source for the study of the Sasanian period, and of major importance in history and art history in general. The ''Sylloge nummorum Sasanidarum'' is the most important primary work of reference for Sasanian coins. Context The main denomination of the Sasanians, introduced by King Ardashir I (224–242) and inherited from the Parthians, was the silver ''drachm'' (Middle Persian: ''drahm''). It is a large thin coin (a novelty at the time) that weighs about 4 grams, with a diameter of 25-30 mm. It was made of rather pure silver and produced in large quantities by all Sasanian kings. Several Sasanian rulers also issued fractional silver (in much smaller numbers). Some ...
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Arab–Sasanian Coinage
Arab–Sasanian coinage is a modern term used to describe coins struck in the style of the coinage of the Iranian Sasanian Empire (224–651) after the Muslim conquest of Persia, on behalf of the Muslim governors of the early Islamic caliphates (7th–8th centuries). These coins, mostly silver dirhams but also copper coins, were struck in the historic Sasanian lands of Iraq and Iran, and continued to show the portrait of a bust of a Sasanian emperor as well as other non-Islamic motifs of Sasanian coins, alongside Arabic inscriptions. The use of Arab–Sasanian coinage alongside Arab-Byzantin coinage lasts until 79 H (698 AD) when caliphate Abd al-Malik ibn Marwan finally established the new coinage that fully use Arabic inscriptions only.The David CollectionUmayyad (Abd al-Malik) 80 H (699 AD) See also * Indo-Sasanian coinage * Sasanian coinage of Sindh The Sasanian coinage of Sindh refers to a series of Sasanian-style issues, minted from 325 to 480 CE in Sindh, in the southern pa ...
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