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The first coins

Coins are pieces of metal marked with a design that instantly shows their worth as money.
The earliest coins were made during the seventh century B.C. in the kingdom of Lydia
(now known as Turkey). A mixture of gold and silver lumps were weighed and used as money,
and were stamped with pictures to confirm their weight and therefore their value.Lydian Coin

The process of stamping is called "minting". The stamp on the coin was a personal seal that
identified the person who had guaranteed the coin's weight. The shape of the coins was not
important. Early Greek Coin

This new method of organizing money was a great success and soon spread into Europe and
Asia. Other forms of money was standardized elsewhere: Copper lumps in Italy and Russia,
bronze tools and shells in China, silver rings in Thailand, and gold and silver bars in Japan.

... more coin information coming soon!

 

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