The Story of Money: 06--Early Coins

Section 6: Early coins Previous Section | Main Menu | Next Section
Coins did not require any weighing and measuring at the time of trade. Standard designs and quality made coins easy to recognize and lessened doubts about the kind and purity of metal used in them.
Weighing takes time and effort
scales for weighing measures for weighing
 
Weights are hard to standardize
variations in weights & measures variations in weights & measures variations in weights & measures variations in weights & measures
variations in weights & measures variations in weights & measures variations in weights & measures  
 
Electrum stater (610–561 B.C.) Gold stater (560–546 B.C.)
electrum stater Electrum stater gold stater gold stater
 
Greek silver victory coin
Greek silver victory coin Greek silver victory coin    
 
The many advantages of coins induced governments throughout the world to produce coin money
silver siglos
Silver siglos
gold daric
Gold daric
bronze ae
Bronze AE
bronze as
Bronze AS
silver tetradrachm
Silver tetradrachm
gold nomisma
Gold nomisma
silver blanc
Silver blanc
gold ducat
Gold ducat
gorat
Groat
silver bu-gin
Silver bu-gin
bronze pu
Bronze pu