A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the obverse and the reverse, referring to the front and back sides, respectively. The obverse of a coin is commonly called heads, because it often depicts the head of a prominent person, and the reverse is known as tails.
The history of ancient Greek coinage can be divided into four periods: the Archaic, the Classical, the Hellenistic and the Roman. The Archaic period extends from the introduction of coinage to the Greek world during the 7th century BC until the Persian Wars in about 480 BC. The Classical period then began, and lasted until the conquests of Alexander the Great in about 330 BC, which began the Hellenistic period, extending until the Roman absorption of the Greek world in the 1st century BC. The Greek cities continued to produce their own coins for several more centuries under Roman rule. The coins produced during this period are called Roman provincial coins or Greek Imperial Coins.
The Coinage of India began anywhere between early 1st millennium BCE to the 6th century BCE, and consisted mainly of copper and silver coins in its initial stage. The coins of this period were Karshapanas or Pana. A variety of earliest Indian coins, however, unlike those circulated in West Asia, were stamped bars of metal, suggesting that the innovation of stamped currency was added to a pre-existing form of token currency which had already been present in the Janapadas and Mahajanapada kingdoms of the Early historic India. The kingdoms that minted their own coins included Gandhara, Kuntala, Kuru, Magadha, Panchala, Shakya, Surasena, Surashtra and Vidarbha etc.
Pixodarus or Pixodaros, was a satrap of Caria, nominally the Achaemenid Empire Satrap, who enjoyed the status of king or dynast by virtue of the powerful position his predecessors of the House of Hecatomnus created when they succeeded the assassinated Persian Satrap Tissaphernes in the Carian satrapy. Lycia was also ruled by the Carian dynasts since the time of Mausolus, and the name of Pixodarus as ruler appears in the Xanthos trilingual inscription in Lycia.
The Achaemenid Empire issued coins from 520 BC–450 BC to 330 BC. The Persian daric was the first gold coin which, along with a similar silver coin, the siglos represented the first bimetallic monetary standard. 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, as well as coins issued by the Achaemenid provincial governors (satraps), such as those stationed in Asia Minor.
The tetradrachm was a large silver coin that originated in Ancient Greece. It was nominally equivalent to four drachmae. Over time the tetradrachm effectively became the standard coin of the Antiquity, spreading well beyond the borders of the Greek World. As a result, tetradrachms were minted in vast quantities by various polities in many weight and fineness standards, though the Athens-derived Attic standard of about 17.2 grams was the most common.
The Bhir Mound is an archaeological site in Taxila in the Punjab province of Pakistan. It contains some of the oldest ruins of Ancient Taxila, dated to sometime around the period 800–525 BC as its earliest layers bear "grooved" Red Burnished Ware, the Bhir Mound, along with several other nearby excavations, form part of the Ruins of Taxila – inscribed as a UNESCO World Heritage Site in 1980.
Punch-marked coins, also known as Aahat coins, are a type of early coinage of India, dating to between about the 6th and 2nd centuries BC. It was of irregular shape. These coins are found over most parts of subcontinent and remained in circulation till the early centuries CE.
The Phanes coins, so called for the name inscribed on them, are early electrum coins from Caria in Asia Minor and are the most ancient inscribed coin series at present known.
The Achaemenid conquest of the Indus Valley refers to a process beginning in the 6th century BCE and ending in the 4th century BCE, whereby the Achaemenid Persian Empire established control over the northwestern regions of the Indian subcontinent, today predominantly comprising the territory of Pakistan. The first of the two main invasions was conducted around 535 BCE by Cyrus the Great, who annexed the areas to the west of the Indus River, consolidating the early eastern border of the Achaemenid Empire. With a brief pause after Cyrus' death, the campaign continued under Darius the Great, who began to re-conquer former provinces and further expand Persia's political boundaries. Around 518 BCE, Persian armies under Darius crossed the Himalayas into India to initiate a second period of conquest by annexing regions up to the Jhelum River in Punjab.
Karshapana, according to the Ashtadhyayi of Panini, refers to ancient Indian coins current during the 6th century BCE onwards, which were unstamped and stamped (āhata) metallic pieces whose validity depended on the integrity of the person authenticating them. It is commonly supposed by scholars that they were first issued by merchants and bankers rather than the state. They contributed to the development of trade since they obviated the need for weighing of metal during exchange. Kārṣāpaṇas were basically silver pieces stamped with one to five or six rūpas ('symbols') originally only on the obverse side of the coins initially issued by the Janapadas and Mahajanapadas, and generally carried minute mark or marks to testify their legitimacy. Silver punch-marked coins ceased to be minted sometime in the second century BCE but exerted a wide influence for next five centuries.
Hellenistic influence on Indian art and architecture reflects the artistic and architectural influence of the Greeks on Indian art following the conquests of Alexander the Great, from the end of the 4th century BCE to the first centuries of the common era. The Greeks in effect maintained a political presence at the doorstep, and sometimes within India, down to the 1st century CE with the Greco-Bactrian Kingdom and the Indo-Greek Kingdoms, with many noticeable influences on the arts of the Maurya Empire especially. Hellenistic influence on Indian art was also felt for several more centuries during the period of Greco-Buddhist art.
Frataraka is an ancient Persian title, interpreted variously as “leader, governor, forerunner”. It is an epithet or title of a series of rulers in Persis from 3rd to mid 2nd century BC, or alternatively between 295 and 220 BC, at the time of the Seleucid Empire, prior to the Parthian conquest of West Asia and Iran. Studies of frataraka coins are important to historians of this period.
Xanthos, also called Xanthus, was a chief city state of the Lycians, an indigenous people of southwestern Anatolia. Many of the tombs at Xanthos are pillar tombs, formed of a stone burial chamber on top of a large stone pillar. The body would be placed in the top of the stone structure, elevating it above the landscape. The tombs are for men who ruled in a Lycian dynasty from the mid-6th century to the mid-4th century BCE and help to show the continuity of their power in the region. Not only do the tombs serve as a form of monumentalization to preserve the memory of the rulers, but they also reveal the adoption of Greek style of decoration.
The Kabul hoard, also called the Chaman Hazouri, Chaman Hazouri or Tchamani-i Hazouri hoard, is a coin hoard discovered in the vicinity of Kabul, Afghanistan in 1933. The collection contained numerous Achaemenid coins as well as many Greek coins from the 5th and 4th centuries BCE. Approximately one thousand coins were counted in the hoard. The deposit of the hoard is dated to approximately 380 BCE, as this is the probable date of the least ancient datable coin found in the hoard.
The Shaikhan Dheri hoard is a small coin hoard that was discovered in 2007 at the site of ancient Pushkalavati in Ancient India, modern-day Pakistan. The hoard weighed 14 kilograms, contained "bent bars" as well as round coins "of a new type" as those discovered in the Kabul hoard. The hoard contained a tetradrachm minted in Athens circa 500/490–485/0 BCE, or possibly as early as 520 BCE, together with a number of local types as well as silver cast ingots. The Athens coin is the earliest known example of its type to be found so far to the east. This hoard exists in the context of the Achaemenid conquest of the Indus Valley. It can also be related to another famous hoard in the region, the Kabul hoard.
The Apadana hoard is a hoard of coins that were discovered under the stone boxes containing the foundation tablets of the Apadana Palace in Persepolis. The coins were discovered in excavations in 1933 by Erich Schmidt, in two deposits, each deposit under the two deposition boxes that were found. The deposition of this hoard, which was visibly part of the foundation ritual of the Apadana, is dated to circa 515 BCE.
Archeptolis, also Archepolis, was a Governor of Magnesia on the Maeander in Ionia for the Achaemenid Empire circa 459 BCE to possibly around 412 BCE, and a son and successor of the former Athenian general Themistocles.
The Herakleia head is the portrait of a probable Achaemenid Satrap of Asia Minor of the late 6th century, found in Heraclea, in Bithynia, modern Turkey. The head is now located in the Museum of Anatolian Civilizations in Ankara.
Lygdamis II was a tyrant of Caria during the 5th century BCE, under the Achaemenid Empire. His capital was in Halicarnassus. He was the grandson of Artemisia, and son of Pisindelis, the previous tyrant.
