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147-611: The Silbergroschen was a coin used in Prussia and several other German Confederation states in northern Germany during the 19th century, worth one thirtieth of a Thaler . The first Silbergroschen was issued by the Electorate of Saxony in 1475. This series ended in the 1550s, but the coin was reintroduced in Prussia in 1821 and was adopted by over a dozen other kingdoms, duchies and principalities as they switched to using

294-669: A "shilling" and twenty shillings a "pound": consistent with e.g. France. Debasement of coin was widespread. There were periods of significant debasement in 1340–60 and 1417–29, when no small coins were minted, and by the 15th century the issuance of small coin was further restricted by government restrictions and even prohibitions. With the exception of the Great Debasement , England's coins were consistently minted from sterling silver (silver content of 92.5%). A lower quality of silver with more copper mixed in, used in Barcelona,

441-640: A 'crusade against the barbarians' but there was not enough strength left in any of the Greek city-states to answer his call. Although there were no rebellions in the Persian Empire itself, the growing power and territory of Philip II of Macedon in Macedon (against which Demosthenes was in vain warning the Athenians) attracted the attention of Artaxerxes. In response, he ordered that Persian influence

588-742: A chronology that would leave out the contribution of the Greeks of Magna Graecia and attribute to the Etruscans the burden of introducing the coin in Italy. In this work, constant reference is made to classical sources, and credit is given to the origin of the Etruscan Lydia, a source supported by Herodotus, and also to the invention of coin in Lydia. Charlemagne , in 800 AD, implemented a series of reforms upon becoming " Holy Roman Emperor ", including

735-608: A coin. Exceptions to the rule of face value being higher than content value currently occur for bullion coins made of copper , silver , or gold (and rarely other metals, such as platinum or palladium ), intended for collectors or investors in precious metals. Examples of modern gold collector/investor coins include the British sovereign minted by the United Kingdom, the American Gold Eagle minted by

882-588: A day's subsistence, would have been too valuable for buying a loaf of bread. Maybe the first coins to be used for retailing on a large-scale basis were likely small silver fractions, Hemiobol, Ancient Greek coinage minted by the Ionian Greeks in the late sixth century BC. In contrast Herodotus mentioned the innovation made by the Lydians: So far as we have any knowledge, they [the Lydians] were

1029-464: A different composition, or the public may decide to melt the coins down or hoard them (see Gresham's law ). Currently coins are used as money in everyday transactions, circulating alongside banknotes . Usually, the highest value coin in circulation (excluding bullion coins ) is worth less than the lowest-value note. Coins are usually more efficient than banknotes because they last longer: banknotes last only about four years, compared with 30 years for

1176-406: A force of 14,000 Greeks furnished by the Greek cities of Asia Minor: 4,000 under Mentor , consisting of the troops that he had brought to the aid of Tennes from Egypt; 3,000 sent by Argos; and 1,000 from Thebes. He divided these troops into three bodies, and placed at the head of each a Persian and a Greek. The Greek commanders were Lacrates of Thebes, Mentor of Rhodes and Nicostratus of Argos while

1323-518: A general publication, including the Etruscan coinage, attributing it the beginning to c.  560 BC in Populonia , a chronology that would leave out the contribution of the Greeks of Magna Graecia and attribute to the Etruscans the burden of introducing the coin in Italy. In this work, constant reference is made to classical sources, and credit is given to the origin of the Etruscan Lydia,

1470-659: A hero in a stereotypical manner, showing a bust or the full body but never an actual portrait, on their Sigloi and Daric coinage from c. 500 BC. A slightly earlier candidate for the first portrait-coin is Themistocles the Athenian general, who became a Governor of Magnesia on the Meander , c. 465–459 BC, for the Achaemenid Empire, although there is some question as to whether his coins may have represented Zeus rather than himself. Themistocles may have been in

1617-522: A large army, including a contingent of Ten Thousand Greek mercenaries , and made his way deeper into Persia. The army of Cyrus was stopped by the royal Persian army of Artaxerxes II at Cunaxa in 401 BC, where Cyrus was killed. The Ten Thousand Greek Mercenaries including Xenophon were now deep in Persian territory and were at risk of attack. So they searched for others to offer their services to but eventually had to return to Greece. Artaxerxes II

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1764-530: A large, professional army . Its advancements inspired the implementation of similar styles of governance by a variety of later empires. By 330 BC, the Achaemenid Empire was conquered by Alexander the Great , an ardent admirer of Cyrus; the conquest marked a key achievement in the then-ongoing campaign of his Macedonian Empire . Alexander's death marks the beginning of the Hellenistic period , when most of

1911-437: A legend. The most ancient inscribed coin known is from nearby Caria . This coin has a Greek legend reading phaenos emi sema interpreted variously as "I am the badge of Phanes", or "I am the sign of light". The Phanes coins are among the earliest of Greek coins; a hemihekte of the issue was found in the foundation deposit of the temple of Artemis at Ephesos (the oldest deposit of electrum coins discovered). One assumption

2058-402: A little tin, zinc and especially nickel for their anti-corrosive, ductile and anti-fouling properties. Most coins presently are made of a base metal , and their value comes from their status as fiat money . This means that the value of the coin is established by law, and thus is determined by the free market only in as much as national currencies are used in domestic trade and also traded in

2205-602: A one-tenth tithe which all inhabitants paid to the temple nearest to their land or another source of income. Artaxerxes II became involved in a war with Persia's erstwhile allies, the Spartans , who, under Agesilaus II , invaded Asia Minor . To redirect the Spartans' attention to Greek affairs, Artaxerxes II subsidized their enemies: in particular the Athenians , Thebans and Corinthians . These subsidies helped to engage

2352-469: A peace which required the city's forces to leave Asia Minor and to acknowledge the independence of its rebellious allies. Artaxerxes started a campaign against the rebellious Cadusians , but he managed to appease both of the Cadusian kings. One individual who successfully emerged from this campaign was Darius Codomannus, who later occupied the Persian throne as Darius III . Artaxerxes III then ordered

2499-509: A prolonged, if not even a successful resistance. However, he lacked good generals, and, over-confident in his own powers of command, he was out-maneuvered by the Greek mercenary generals, and his forces were eventually defeated by the combined Persian armies. After his defeat, Nectanebo hastily fled to Memphis , leaving the fortified towns to be defended by their garrisons. These garrisons consisted of partly Greek and partly Egyptian troops; between whom jealousies and suspicions were easily sown by

2646-549: A result, the Persian forces were driven out of Phoenicia . After this, Artaxerxes personally led an army of 330,000 men against Sidon . Artaxerxes' army comprised 300,000-foot soldiers, 30,000 cavalry , 300 triremes, and 500 transports or provision ships. After gathering this army, he sought assistance from the Greeks. Though refused aid by Athens and Sparta , he succeeded in obtaining a thousand Theban heavy-armed hoplites under Lacrates, three thousand Argives under Nicostratus, and six thousand Æolians, Ionians , and Dorians from

2793-407: A source supported by Herodotus, and also to the invention of coin in Lydia. Although many of the first coins illustrated the images of various gods, the first portraiture of actual rulers appears with the coinage of Lycia in the 5th century BC. No ruler had dared illustrating his own portrait on coinage until that time. The Achaemenids had been the first to illustrate the person of their king or

2940-411: A unique position in which he could transfer the notion of individual portraiture , already current in the Greek world, and at the same time wield the dynastic power of an Achaemenid dynasty who could issue his own coins and illustrate them as he wished. From the time of Alexander the Great , portraiture of the issuing ruler would then become a standard, generalized, feature of coinage. The Karshapana

3087-662: A while, the copper in US pennies was worth more than one cent, so people would hoard pennies and then melt them down for their metal value. It cost more than face value to manufacture pennies or nickels, so any widespread loss of the coins in circulation could be expensive for the US Treasury . This was more of a problem when coins were still made of precious metals like silver and gold, so strict laws against alteration make more sense historically. 31 CFR § 82.2(b) goes on to state that: "The prohibition contained in § 82.1 against

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3234-820: Is also influenced to some extent by those factors, but is largely based on the value of their gold, silver, or platinum content. Sometimes non-monetized bullion coins such as the Canadian Maple Leaf and the American Gold Eagle are minted with nominal face values less than the value of the metal in them, but as such coins are never intended for circulation, these face values have no relevance. Collector catalogs often include information about coins to assists collectors with identifying and grading. Additional resources can be found online for collectors These are collector clubs, collection management tools, marketplaces, trading platforms, and forums, Coins can be used as creative media of expression – from fine art sculpture to

3381-484: Is evident that some were official state issues. The earliest inscribed coins are those of Phanes , dated to 625–600 BC from Ephesus in Ionia , with the legend ΦΑΕΝΟΣ ΕΜΙ ΣHΜΑ (or similar) ("I am the badge/sign/mark of Phanes/light") or just bearing the name ΦΑΝΕΟΣ ("of Phanes"). The first electrum coins issued by a monarch are those minted by king Alyattes of Lydia (died c.  560 BC ), for which reason this king

3528-467: Is further said to have killed not only all Arses' children, but many of the other princes of the land. Bagoas then placed Darius III , a nephew of Artaxerxes IV, on the throne. Darius III, previously the Satrap of Armenia , personally forced Bagoas to swallow poison. In 334 BC, when Darius was just succeeding in subduing Egypt again, Alexander and his battle-hardened troops invaded Asia Minor . Alexander

3675-461: Is reported to have had a number of wives. His main wife was Stateira , until she was poisoned by Artaxerxes II's mother Parysatis in about 400 BC. Another chief wife was a Greek woman of Phocaea named Aspasia (not the same as the concubine of Pericles ). Artaxerxes II is said to have had more than 115 sons from 350 wives. In 358 BC Artaxerxes II died and was succeeded by his son Artaxerxes III . In 355 BC, Artaxerxes III forced Athens to conclude

3822-489: Is sometimes mentioned as the originator of coinage. The successor of Alyattes, king Croesus (r. c. 560–546 BC), became associated with great wealth in Greek historiography. He is credited with issuing the Croeseid , the first true gold coins with a standardized purity for general circulation. and the world's first bimetallic monetary system c. 550 BC. Coins spread rapidly in the 6th and 5th centuries BC, leading to

3969-562: Is that Phanes was a mercenary mentioned by Herodotus, another that this coin is associated with the primeval god Phanes or "Phanes" might have been an epithet of the local goddess identified with Artemis. Barclay V. Head found these suggestions unlikely and thought it more probably "the name of some prominent citizen of Ephesus". Another candidate for the site of the earliest coins is Aegina , where Chelone ("turtle") coins were first minted c. 700 BC. Coins from Athens and Corinth appeared shortly thereafter, known to exist at least since

4116-776: Is the earliest punch-marked coin found in India, produced from at least the mid-4th century BC, and possibly as early as 575 BC, influenced by similar coins produced in Gandhara under the Achaemenid empire, such as those of the Kabul hoard , or other examples found at Pushkalavati and in Bhir Mound . In China , early round coins appeared in the 4th century BC and were adopted for all China by Emperor Qin Shi Huang Di at

4263-408: Is the earliest, and although the later historians all agree on the key details of the story, that a magus impersonated Bardiya and took the throne, this may have been a story created by Darius to justify his own usurpation. Iranologist Pierre Briant hypothesises that Bardiya was not killed by Cambyses, but waited until his death in the summer of 522 BC to claim his legitimate right to the throne as he

4410-492: The Austrian occupation of Genoa in 1746. Variations in the mass of precious metals used in international trade, particularly in imports of spices and textiles into Europe, explain the numerous monetary reforms that occurred in this period. The effect of these transactions on the available reserves of gold and silver was at the origin of the various monetary reforms, which changed the price of silver compared to gold. Faced with

4557-766: The Balkans and Egypt in the west, West Asia as the base, the majority of Central Asia to the northeast, and the Indus Valley to the southeast. 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

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4704-583: The Persian Empire or First Persian Empire ( / ə ˈ k iː m ə n ɪ d / ; Old Persian : 𐎧𐏁𐏂 , Xšāça , lit.  'The Empire' or 'The Kingdom' ), was an Iranian empire founded by Cyrus the Great of the Achaemenid dynasty in 550 BC . Based in modern-day Iran , it was the largest empire by that point in history , spanning a total of 5.5 million square kilometres (2.1 million square miles). The empire spanned from

4851-660: The Spartans in what would become known as the Corinthian War . In 387 BC, Artaxerxes II betrayed his allies and came to an arrangement with Sparta, and in the Treaty of Antalcidas he forced his erstwhile allies to come to terms. This treaty restored control of the Greek cities of Ionia and Aeolis on the Anatolian coast to the Persians while giving Sparta dominance on the Greek mainland. In 385 BC he campaigned against

4998-559: The UAE . The Ionian Revolt in 499 BC, and associated revolts in Aeolis, Doris, Cyprus, and Caria, were military rebellions by several regions of Asia Minor against Persian rule, lasting from 499 to 493 BC. At the heart of the rebellion was the dissatisfaction of the Greek cities of Asia Minor with the tyrants appointed by Persia to rule them, along with the individual actions of two Milesian tyrants, Histiaeus and Aristagoras . In 499 BC,

5145-596: The Venetian sequin , minted from 1284 to 1797, was the most prestigious gold coin in circulation in the commercial centers of the Mediterranean Sea . The Florentine florin was the first European gold coin struck in sufficient quantities since the 7th century to play a significant commercial role. The Florentine florin was used for larger transactions such as those used in dowries, international trade or for tax-related matters. Genoese coins became important in

5292-413: The ancient Greek world and disseminated during the Hellenistic period – were precious metal –based, and were invented in order to simplify and regularize the task of measuring and weighing bullion (bulk metal) carried around for the purpose of transactions. They carried their value within the coins themselves, but the stampings also induced manipulations, such as the clipping of coins to remove some of

5439-418: The siege of Pavia in 1524. Auxiliary coins consisted, among the Greeks and Romans as in our modern societies, of coins strongly linked to copper. In particular, the red copper alloy was used for its physical properties, suitable for objects constantly subjected to manipulation: malleability, resistance to impacts, wear and corrosion (only gold has better resistance to corrosion). This alloy was often mixed with

5586-525: The 10 years that Persia controlled Egypt, believers in the native religion were persecuted and sacred books were stolen. Before Artaxerxes returned to Persia, he appointed Pherendares as satrap of Egypt . With the wealth gained from his reconquering Egypt, Artaxerxes was able to amply reward his mercenaries. He then returned to his capital having successfully completed his invasion of Egypt. After his success in Egypt, Artaxerxes returned to Persia and spent

5733-709: The 16th century during the Golden age of Genoese banking , with the Spanish Empire funnelling its massive wealth from Spanish America through the Bank of Saint George . With the decline in the fortunes of the Genoese banks and the Spanish Empire in the 17th century, however, the Genoese lira also depreciated substantially. The silver scudo's value increased to 6.5 lire in 1646, 7.4 lire in 1671, and 8.74 lire just before

5880-459: The 5th and 4th centuries BC. The deposit of the hoard is dated to the Achaemenid period, in approximately 380 BC. The hoard also contained many locally produced silver coins, minted by local authorities under Achaemenid rule. Several of these issues follow the "western designs" of the facing bull heads, a stag, or Persian column capitals on the obverse, and incuse punch on the reverse. According to numismatist Joe Cribb , these finds suggest that

6027-669: The Athenians to move the treasury of the Delian League from the island of Delos to the Athenian acropolis. This funding practice inevitably prompted renewed fighting in 450 BC, where the Greeks attacked at the Battle of Cyprus . After Cimon 's failure to attain much in this expedition, the Peace of Callias was agreed between Athens , Argos and Persia in 449 BC. Artaxerxes offered asylum to Themistocles , who

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6174-547: The Babylonians at Opis , then took Sippar without a fight before finally capturing the city of Babylon on 12 October, where the Babylonian king Nabonidus was taken prisoner. Upon taking control of the city, Cyrus depicted himself in propaganda as restoring the divine order which had been disrupted by Nabonidus , who had promoted the cult of Sin rather than Marduk , and he also portrayed himself as restoring

6321-698: The Beautiful quarters . Early metal coinage came into use about the time of the Axial Age in West Asia , in the Greek world, in northern India, and in China. Metal ingots , silver bullion or unmarked bars were probably in use for exchange among many of the civilizations that mastered metallurgy. The weight and purity of bullion would be the key determinant of value. In the Achaemenid Empire in

6468-641: The Cadusians . Although successful against the Greeks, Artaxerxes II had more trouble with the Egyptians , who had successfully revolted against him at the beginning of his reign. An attempt to reconquer Egypt in 373 BC was completely unsuccessful, but in his waning years the Persians did manage to defeat a joint Egyptian–Spartan effort to conquer Phoenicia . He quashed the Revolt of the Satraps in 372–362 BC. He

6615-621: The Ephesian Artemision (which would later evolve into one of the Seven Wonders of the Ancient World ). This was the site of the earliest known deposit of electrum coins. Anatolian Artemis was the Πότνια Θηρῶν ( Potnia Thêrôn , "Mistress of Animals"), whose symbol was the stag . It took some time before ancient coins were used for commerce and trade . Even the smallest-denomination electrum coins, perhaps worth about

6762-710: The European part of the Black Sea , such as parts of modern Bulgaria , Romania , Ukraine , and Russia , before it returned to Asia Minor . Darius left in Europe one of his commanders named Megabazus whose task was to accomplish conquests in the Balkans. The Persian troops subjugated gold-rich Thrace , the coastal Greek cities, and defeated and conquered the powerful Paeonians . Finally, Megabazus sent envoys to Amyntas, demanding acceptance of Persian domination, which

6909-526: The Great (Alexander III of Macedon) defeated the Persian armies at Granicus (334 BC), followed by Issus (333 BC), and lastly at Gaugamela (331 BC). Afterwards, he marched on Susa and Persepolis which surrendered in early 330 BC. From Persepolis, Alexander headed north to Pasargadae , where he visited the tomb of Cyrus , the man whom he had heard of from the Cyropaedia . In the ensuing chaos created by Alexander's invasion of Persia, Cyrus's tomb

7056-498: The Great , claims that Teispes was the son of Achaemenes and that Darius is also descended from Teispes through a different line, but no earlier texts mention Achaemenes. In Herodotus ' Histories , he writes that Cyrus the Great was the son of Cambyses I and Mandane of Media , the daughter of Astyages , the king of the Median Empire. Cyrus revolted against the Median Empire in 553 BC, and in 550 BC succeeded in defeating

7203-454: The Great ordered Aristobulus to improve the tomb's condition and restore its interior, showing respect for Cyrus. From there he headed to Ecbatana , where Darius III had sought refuge. Darius III was taken prisoner by Bessus , his Bactrian satrap and kinsman. As Alexander approached, Bessus had his men murder Darius III and then declared himself Darius' successor, as Artaxerxes V, before retreating into Central Asia leaving Darius' body in

7350-502: The Great. The Persians continued to reduce the cities along the west coast that still held out against them, before finally imposing a peace settlement in 493 BC on Ionia that was generally considered to be both just and fair. The Ionian Revolt constituted the first major conflict between Greece and the Achaemenid Empire, and as such represents the first phase of the Greco-Persian Wars. Asia Minor had been brought back into

7497-793: The Great. The Persian invasion led indirectly to Macedonia's rise in power and Persia had some common interests in the Balkans; with Persian aid, the Macedonians stood to gain much at the expense of some Balkan tribes such as the Paeonians and Greeks. All in all, the Macedonians were "willing and useful Persian allies. Macedonian soldiers fought against Athens and Sparta in Xerxes I's army. The Persians referred to both Greeks and Macedonians as Yauna (" Ionians ", their term for "Greeks"), and to Macedonians specifically as Yaunã Takabara or "Greeks with hats that look like shields", possibly referring to

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7644-497: The Greek cities of Asia Minor. This Greek support was numerically small, amounting to no more than 10,000 men, but it formed, together with the Greek mercenaries from Egypt who went over to him afterward, the force on which he placed his chief reliance, and to which the ultimate success of his expedition was mainly due. The approach of Artaxerxes sufficiently weakened the resolution of Tennes that he endeavoured to purchase his own pardon by delivering up 100 principal citizens of Sidon into

7791-556: The Greek city states of the classical period, their coins tended to be more mass-produced, as well as larger, and more frequently in gold. They often lacked the aesthetic delicacy of coins of the earlier period. Still, some of the Greco-Bactrian coins, and those of their successors in India, the Indo-Greeks , are considered the finest examples of Greek numismatic art with "a nice blend of realism and idealization", including

7938-419: The Greek word for rose is rhodon . The use of inscriptions on coins also began, usually the name of the issuing city. The wealthy cities of Sicily produced some especially fine coins. The large silver decadrachm (10-drachm) coin from Syracuse is regarded by many collectors as the finest coin produced in the ancient world, perhaps ever. Syracusan issues were rather standard in their imprints, one side bearing

8085-526: The Greeks won a decisive victory over the Persian fleet at the Battle of Salamis and forced Xerxes to retire to Sardis . The land army which he left in Greece under Mardonius retook Athens but was eventually destroyed in 479 BC at the Battle of Plataea . The final defeat of the Persians at Mycale encouraged the Greek cities of Asia to revolt, and the Persians lost all of their territories in Europe with Macedonia once again becoming independent. Artabanus ,

8232-593: The Ionian Revolt. In 492 BC, the Persian general Mardonius re-subjugated Thrace and made Macedonia a fully subordinate part of the empire; it had been a vassal as early as the late 6th century BC but retained a great deal of autonomy. However, in 490 BC the Persian forces were defeated by the Athenians at the Battle of Marathon and Darius I would die before having the chance to launch an invasion of Greece. Xerxes I (485–465 BC, Old Persian Xšayārša "Hero Among Kings"), son of Darius I , vowed to complete

8379-596: The Lydian coinage as such, and continued to strike Lydia's lion-and-bull coinage. Original coins of the Achaemenid Empire were issued from 520 BC – 450 BC to 330 BC. The Persian Daric was the first truly Achaemenid gold coin which, along with a similar silver coin, the Siglos , represented the bimetallic monetary standard of the Achaemenid Persian Empire . The Achaemenid Empire already reached

8526-513: The Macedonian kausia hat. By the 5th century BC, the Kings of Persia were either ruling over or had subordinated territories encompassing not just all of the Persian Plateau and all of the territories formerly held by the Assyrian Empire ( Mesopotamia , the Levant , Cyprus and Egypt ), but beyond this, all of Anatolia and Armenia , as well as the Southern Caucasus and parts of the North Caucasus , Azerbaijan , Uzbekistan , Tajikistan , Bulgaria , Paeonia , Thrace and Macedonia to

8673-411: The Macedonians did. The Balkans provided many soldiers for the multi-ethnic Achaemenid army. Many of the Macedonian and Persian elite intermarried, such as the Persian official Bubares who married Amyntas' daughter, Gygaea. Family ties that the Macedonian rulers Amyntas and Alexander enjoyed with Bubares ensured them good relations with the Persian kings Darius and Xerxes I , who was also known as Xerxes

8820-400: The Medes, capturing Astyages and taking the Median capital city of Ecbatana . Once in control of Ecbatana, Cyrus styled himself as the successor to Astyages and assumed control of the entire empire. By inheriting Astyages' empire, he also inherited the territorial conflicts the Medes had with both Lydia and the Neo-Babylonian Empire . King Croesus of Lydia sought to take advantage of

8967-487: The Median general Mazares to deal with the rebellion, and Pactyes was captured. Mazares, and after his death Harpagus , set about reducing all the cities which had taken part in the rebellion. The subjugation of Lydia took about four years in total. When the power in Ecbatana changed hands from the Medes to the Persians, many tributaries to the Median Empire believed their situation had changed and revolted against Cyrus. This forced Cyrus to fight wars against Bactria and

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9114-484: The Mediterranean and soon after to North Africa (including Egypt), Syria, Persia, and the Balkans. Coins came late to the Roman Republic compared with the rest of the Mediterranean , especially Greece and Asia Minor where coins were invented in the 7th century BC. The currency of central Italy was influenced by its natural resources, with bronze being abundant (the Etruscans were famous metal workers in bronze and iron) and silver ore being scarce. The coinage of

9261-404: The Mexican Mint was established on May 11, 1535, by order of the Spanish king following the Spanish colonization of the Americas . Opened in April 1536, this mint had the right to mint silver Spanish real which became the basis of the monetary system of the Spanish Empire . Louis XIII had the Louis d'or minted in 1640 to compete with these coins. The first attested siege coins appeared at

9408-438: 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. With his conquest of Lydia, Cyrus acquired a region in which coinage was invented, developed through advanced metallurgy, and had already been in circulation for about 50 years, making the Lydian Kingdom one of the leading trade powers of the time. It seems Cyrus initially adopted

9555-535: The Persian capital with Artaxerxes, where he took a leading role in the internal administration of the Empire and maintained tranquillity throughout the rest of the Empire. During the last six years of the reign of Artaxerxes III, the Persian Empire was governed by a vigorous and successful government. The Persian forces in Ionia and Lycia regained control of the Aegean and the Mediterranean Sea and took over much of Athens ' former island empire. In response, Isocrates of Athens started giving speeches calling for

9702-447: The Persian fold, but Darius had vowed to punish Athens and Eretria for their support of the revolt. Moreover, seeing that the political situation in Greece posed a continued threat to the stability of his Empire, he decided to embark on the conquest of all of Greece. The first campaign of the invasion was to bring the territories in the Balkan peninsula back within the empire. The Persian grip over these territories had loosened following

9849-443: The Persian leaders. As a result, the Persians were able to rapidly reduce numerous towns across Lower Egypt and were advancing upon Memphis when Nectanebo decided to quit the country and flee southwards to Ethiopia . The Persian army completely routed the Egyptians and occupied the Lower Delta of the Nile. Following Nectanebo fleeing to Ethiopia, all of Egypt submitted to Artaxerxes. The Jews in Egypt were sent either to Babylon or to

9996-465: The Persians in about 512–511, Macedonians and Persians were strangers no more as well. The subjugation of Macedonia was part of Persian military operations initiated by Darius the Great (521–486) in 513—after immense preparations—a huge Achaemenid army invaded the Balkans and tried to defeat the European Scythians roaming to the north of the Danube river. Darius' army subjugated several Thracian people , and virtually all other regions that touch

10143-425: The Persians were led by Rhossaces, Aristazanes, and Bagoas , the chief of the eunuchs. Nectanebo II resisted with an army of 100,000 of whom 20,000 were Greek mercenaries. Nectanebo II occupied the Nile and its various branches with his large navy. The character of the country, intersected by numerous canals and full of strongly fortified towns, was in his favour and Nectanebo II might have been expected to offer

10290-449: The Persians. Psamtik positioned his army at Pelusium in the Nile Delta . He was soundly defeated by the Persians in the Battle of Pelusium before fleeing to Memphis , where the Persians defeated him and took him prisoner. After attempting a failed revolt, Psamtik III promptly committed suicide. Herodotus depicts Cambyses as openly antagonistic to the Egyptian people and their gods, cults, temples, and priests, in particular stressing

10437-417: The Prussian currency system of 12 Pfennig = 1 Silbergroschen , 30 Silbergroschen = 1 Thaler (name changed to Vereinsthaler after 1857). Silbergroschen were replaced with 10 Pfennig pieces when the German Empire decimalized following unification in 1871. This coin-related article is a stub . You can help Misplaced Pages by expanding it . Coin The first metal coins – invented in

10584-614: The Roman Republic started with a few silver coins apparently devised for trade with Celtic in northern Italy and the Greek colonies in Southern Italy, and heavy cast bronze pieces for use in Central Italy. The first Roman coins , which were crude, heavy cast bronzes, were issued c. 289 BC. Amisano, in a general publication, including the Etruscan coinage, attributing it the beginning to about 550 BC in Populonia ,

10731-723: The United States, the Canadian Gold Maple Leaf minted by Canada, and the Krugerrand , minted by South Africa. While the Eagle and Sovereign coins have nominal (purely symbolic) face values, the Krugerrand does not. Commemorative coins usually serve as collectors items only, although some countries also issue commemorative coins for regular circulation, such as the 2€ commemorative coins and U.S. America

10878-486: The Zhou coins are divided up into categories of knives, spades, and round coins, it is apparent from archaeological finds that most of the various kinds circulated together. A hoard found in 1981, near Hebi in north Henan province, consisted of: 3,537 Gong spades, 3 Anyi arched foot spades, 8 Liang Dang Lie spades, 18 Liang square foot spades and 1,180 Yuan round coins, all contained in three clay jars. The Hellenistic period

11025-590: The Zoroastrian shrines can also be dated to his reign, and it was probably during this period that Zoroastrianism spread from Armenia throughout Asia Minor and the Levant . The construction of temples, though serving a religious purpose, was not a purely selfless act, as they also served as an important source of income. From the Babylonian kings, the Achaemenids adopted the concept of a mandatory temple tax,

11172-546: The amount of copper in each penny. Since mid-1982, United States pennies are made of 97.5% zinc, with the remaining 2.5% being a coating of copper. Extreme differences between face values and metal values of coins cause coins to be hoarded or removed from circulation by illicit smelters in order to realize the value of their metal content. This is an example of Gresham's law . The United States Mint , in an attempt to avoid this, implemented new interim rules on December 14, 2006, subject to public comment for 30 days, which criminalized

11319-548: The ancestor of Cyrus the Great, the founder of the empire, Achaemenes . The term Achaemenid means "of the family of the Achaemenis/Achaemenes" ( Old Persian : 𐏃𐎧𐎠𐎶𐎴𐎡𐏁 , romanized:  Haxāmaniš ; a bahuvrihi compound translating to "having a friend's mind"). Achaemenes was himself a minor seventh-century ruler of the Anshan in southwestern Iran, and a vassal of Assyria . Around 850 BC

11466-719: The ancient city Guanzhuang in Henan province in China . The factory produced shovel-shaped bronze coins between 640 B.C. and 550 B.C., making it the oldest securely-dated minting-site. The earliest coins are mostly associated with Iron Age Anatolia of the late 7th century BC, and especially with the kingdom of Lydia . Early electrum coins (an alluvial alloy of gold and silver, varying wildly in proportion, and usually about 40–55% gold) were not standardized in weight, and in their earliest stage may have been ritual objects, such as badges or medals, issued by priests. The unpredictability of

11613-406: The attempt. By the last year of Artaxerxes' rule, Philip II already had plans in place for an invasion of the Persian Empire, which would crown his career, but the Greeks would not unite with him. In 338 BC Artaxerxes was poisoned by Bagoas with the assistance of a physician. Artaxerxes III was succeeded by Artaxerxes IV Arses , who before he could act was also poisoned by Bagoas. Bagoas

11760-475: The authority of Ctesias ) that the displaced Tissaphernes came to the new king on his coronation day to warn him that his younger brother Cyrus (the Younger) was preparing to assassinate him during the ceremony. Artaxerxes had Cyrus arrested and would have had him executed if their mother Parysatis had not intervened. Cyrus was then sent back as Satrap of Lydia, where he prepared an armed rebellion. Cyrus assembled

11907-423: The combined forces managed to defeat the forces sent by Artaxerxes III in 354 BC. However, in 353 BC, they were defeated by Artaxerxes III's army and were disbanded. Orontes was pardoned by the king, while Artabazos fled to the safety of the court of Philip II of Macedon . In c.  351 BC , Artaxerxes embarked on a campaign to recover Egypt, which had revolted under his father, Artaxerxes II. At

12054-446: The commander of the royal bodyguard and the most powerful official in the Persian court, assassinated Xerxes with the help of a eunuch , Aspamitres. The exact year and date of Xerxes' assassination is disputed among historians. After Xerxes I was assassinated, he was succeeded by his eldest surviving son Artaxerxes I . It was during his reign that Elamite ceased to be the language of government, and Aramaic gained in importance. It

12201-488: The composition of naturally occurring electrum implied that it had a variable value, which greatly hampered its development. Most of the early Lydian coins include no writing ("myth" or "inscription"), only an image of a symbolic animal. Therefore, the dating of these coins relies primarily on archaeological evidence, with the most commonly cited evidence coming from excavations at the Temple of Artemis at Ephesus , also called

12348-484: The development of Ancient Greek coinage and Achaemenid coinage , and further to Illyrian coinage . 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 Asia from the 6th century. Cyrus the Great introduced coins to

12495-423: The disbanding of all the satrapal armies of Asia Minor, as he felt that they could no longer guarantee peace in the west and was concerned that these armies equipped the western satraps with the means to revolt. The order was however ignored by Artabazos II of Phrygia , who asked for the help of Athens in a rebellion against the king. Athens sent assistance to Sardis . Orontes of Mysia also supported Artabazos and

12642-527: The distinct monetary systems developed by Genoa , Venice or Florence , the widespread use in the 15th century of the silver thaler , of constant size and mass, allowed conversion operations to be limited and therefore exchanges facilitated. The thaler was the monetary unit of the Germanic countries until the 19th century and is considered the ancestor of the United States dollar . At the same time,

12789-548: The doors of India during the original expansion of Cyrus the Great , and the Achaemenid conquest of the Indus Valley is dated to c. 515 BC under Darius I . An Achaemenid administration was established in the area. The Kabul hoard , also called the Chaman Hazouri hoard, is a coin hoard discovered in the vicinity of Kabul , Afghanistan , containing numerous Achaemenid coins as well as many Greek coins from

12936-526: The earlier Elamite title "King of Susa and Anshan". There are conflicting accounts of the identities of the earliest Kings of Anshan. According to the Cyrus Cylinder (the oldest extant genealogy of the Achaemenids) the kings of Anshan were Teispes , Cyrus I , Cambyses I and Cyrus II , also known as Cyrus the Great, who founded the empire. The later Behistun Inscription , written by Darius

13083-548: The early 6th century BC, coinage was yet unknown. The barter system, as well as silver bullion were used instead for trade. The practice of using silver bars for currency also seems to have been current in Central Asia from the 6th century BC. Coins were an evolution of "currency" systems of the Late Bronze Age , when various cultures used standard-sized ingots and tokens such as knife money to store and transfer value. Phoenician metal ingots had to be stamped with

13230-640: The elder Evagoras , the Cypriot monarch. Idrieus succeeded in reducing Cyprus. Artaxerxes initiated a counter-offensive against Sidon by commanding Belesys , satrap of Syria, and Mazaeus , satrap of Cilicia , to invade the city and to keep the Phoenicians in check. Both satraps suffered crushing defeats at the hands of Tennes, the Sidonese king, who was aided by 40,000 Greek mercenaries sent to him by Nectanebo II and commanded by Mentor of Rhodes . As

13377-511: The end of 3rd century BC. The round coin, the precursor of the familiar cash coin , circulated in both the spade and knife money areas in the Zhou period, from around 350 BC. Apart from two small and presumably late coins from the State of Qin, coins from the spade money area have a round hole and refer to the jin and liang units. Those from the knife money area have a square hole and are denominated in hua (化). Although for discussion purposes

13524-469: The epicenters of numismatic art during the classical period. Led by the engravers Kimon and Euainetos, Syracuse produced some of the finest coin designs of antiquity. Amongst the first centers to produce coins during the Greek colonization of Southern Italy (the so-called " Magna Graecia ") were Paestum , Crotone , Sybaris , Caulonia , Metapontum , and Taranto . These ancient cities started producing coins from 550 BC to 510 BC. Amisano, in

13671-472: The epitaph of Apis from 524 BC shows that Cambyses participated in the funeral rites of Apis styling himself as pharaoh. Following the conquest of Egypt, the Libyans and the Greeks of Cyrene and Barca in present-day eastern Libya ( Cyrenaica ) surrendered to Cambyses and sent tribute without a fight. Cambyses then planned invasions of Carthage , the oasis of Ammon and Ethiopia . Herodotus claims that

13818-458: The 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 its territories, and the development of civil services, including its possession of

13965-638: The expedition was not a failure, and a fortress at the Second Cataract of the Nile , on the border between Egypt and Kush, remained in use throughout the Achaemenid period. The events surrounding Cambyses's death and Bardiya's succession are greatly debated as there are many conflicting accounts. According to Herodotus, as Bardiya's assassination had been committed in secret, the majority of Persians still believed him to be alive. This allowed two Magi to rise up against Cambyses, with one of them sitting on

14112-803: The fallen Achaemenid Empire's territory came under the rule of the Ptolemaic Kingdom and the Seleucid Empire , both of which had emerged as successors to the Macedonian Empire following the Partition of Triparadisus in 321 BC. Hellenistic rule remained in place for almost a century before the Iranian elites of the central plateau reclaimed power under the Parthian Empire . The Achaemenid Empire borrows its name from

14259-456: The first people to introduce the use of gold and silver coins, and the first who sold goods by retail. And both Aristotle (fr. 611,37, ed. V. Rose) and Pollux (Onamastikon IX.83), mention that the first issuer of coinage was Hermodike/Demodike of Cyme . Cyme was a city in Aeolia , nearby Lydia. Another example of local pride is the dispute about coinage, whether the first one to strike it

14406-511: The good", also known as Darayarahush ). The Magi, though persecuted, continued to exist, and a year following the death of the first pseudo-Smerdis ( Gaumata ), saw a second pseudo-Smerdis ( Vahyazdāta ) attempt a coup. The coup, though initially successful, failed. Herodotus writes that the native leadership debated the best form of government for the empire. Ever since the Macedonian king Amyntas I surrendered his country to

14553-463: The hands of the Persian king and then admitting Artaxerxes within the defences of the town. Artaxerxes had the 100 citizens transfixed with javelins, and when 500 more came out as supplicants to seek his mercy, Artaxerxes consigned them to the same fate. Sidon was then burnt to the ground, either by Artaxerxes or by the Sidonian citizens. Forty thousand people died in the conflagration. Artaxerxes sold

14700-461: The head of the nymph Arethusa and the other usually a victorious quadriga . The tyrants of Syracuse were fabulously rich, and part of their public relations policy was to fund quadrigas for the Olympic chariot race , a very expensive undertaking. As they were often able to finance more than one quadriga at a time, they were frequent victors in this highly prestigious event. Syracuse was one of

14847-622: The heritage of the Neo-Assyrian Empire by comparing himself to the Assyrian king Ashurbanipal . The Hebrew Bible also unreservedly praises Cyrus for his actions in the conquest of Babylon, referring to him as Yahweh 's anointed . He is credited with freeing the people of Judah from their exile and with authorizing the reconstruction of much of Jerusalem , including the Second Temple . In 530 BC, Cyrus died and

14994-476: The idea of coinage and the use of punch-marked techniques was introduced to India from the Achaemenid Empire during the 4th century BC. More Achaemenid coins were also found in Pushkalavati and in Bhir Mound . According to Aristotle (fr. 611,37, ed. V. Rose) and Pollux (Onamastikon IX.83), the first issuer of Greek coinage was Hermodike of Kyme . A small percentage of early Lydian/Greek coins have

15141-772: The insistence of Tissaphernes , gave support first to Athens, then to Sparta, but in 407 BC, Darius' son Cyrus the Younger was appointed to replace Tissaphernes and aid was given entirely to Sparta which finally defeated Athens in 404 BC. In the same year, Darius fell ill and died in Babylon. His death gave an Egyptian rebel named Amyrtaeus the opportunity to throw off Persian control over Egypt . At his death bed, Darius' Babylonian wife Parysatis pleaded with him to have her second eldest son Cyrus (the Younger) crowned, but Darius refused. Queen Parysatis favoured Cyrus more than her eldest son Artaxerxes II . Plutarch relates (probably on

15288-435: The international market. Thus, these coins are monetary tokens , just as paper currency is: their value is usually not backed by metal, but rather by some form of government guarantee. Thus, there is very little economic difference between notes and coins of equivalent face value. Coins may be in circulation with face values lower than the value of their component metals, but they are never initially issued with such value, and

15435-517: The issuance of a standard coin, the silver penny. Between 794 and 1200 the penny was the only denomination of coin in Western Europe. Minted without oversight by bishops, cities, feudal lords and fiefdoms , by 1160, coins in Venice contained only 0.05g of silver, while England's coins were minted at 1.3g. Large coins were introduced in the mid-13th century. In England, a dozen pennies was called

15582-400: The job. He organized a massive invasion aiming to conquer Greece . His army entered Greece from the north in the spring of 480 BC, meeting little or no resistance through Macedonia and Thessaly , but was delayed by a small Greek force for three days at Thermopylae . A simultaneous naval battle at Artemisium was tactically indecisive as large storms destroyed ships from both sides. The battle

15729-651: The largest coins to be minted in the Hellenistic world: the largest gold coin was minted by Eucratides (reigned 171–145 BC), the largest silver coin by the Indo-Greek king Amyntas Nikator (reigned c. 95–90 BC). The portraits "show a degree of individuality never matched by the often bland depictions of their royal contemporaries further West" (Roger Ling, "Greece and the Hellenistic World"). Coinage followed Greek colonization and influence first around

15876-400: The late 6th century BC. The Classical period saw Greek coinage reach a high level of technical and aesthetic quality. Larger cities now produced a range of fine silver and gold coins, most bearing a portrait of their patron god or goddess or a legendary hero on one side, and a symbol of the city on the other. Some coins employed a visual pun: some coins from Rhodes featured a rose , since

16023-438: The melting and export of pennies and nickels. Violators can be fined up to $ 10,000 and/or imprisoned for up to five years. A coin's value as a collector's item or as an investment generally depends on its condition, specific historical significance, rarity, quality, beauty of the design and general popularity with collectors. If a coin is greatly lacking in all of these, it is unlikely to be worth much. The value of bullion coins

16170-408: The murder of the sacred bull Apis . He says that these actions led to a madness that caused him to kill his brother Bardiya (who Herodotus says was killed in secret), his own sister-wife and Croesus of Lydia. He then concludes that Cambyses completely lost his mind, and all later classical authors repeat the themes of Cambyses' impiety and madness. However, this is based on spurious information, as

16317-519: The name of a current ruler to guarantee their worth and value, which is probably how stamping busts and designs began, although political advertising – glorification of a state or of a ruler – may also play a role. In the late Chinese Bronze Age , standardized cast tokens were made, such as those discovered in a tomb near Anyang . These were replicas in bronze of earlier Chinese currency , cowrie shells, so they were named "Bronze Shell" . The world's oldest known coin factory has been excavated in

16464-669: The naval invasion of Carthage was canceled because the Phoenicians, who made up a large part of Cambyses' fleet, refused to take up arms against their own people, but modern historians doubt whether an invasion of Carthage was ever planned at all. However, Cambyses dedicated his efforts to the other two campaigns, aiming to improve the Empire's strategic position in Africa by conquering the Kingdom of Meroë and taking strategic positions in

16611-547: The new international situation by advancing into what had previously been Median territory in Asia Minor. Cyrus led a counterattack which not only fought off Croesus' armies, but also led to the capture of Sardis and the fall of the Lydian Kingdom in 546 BC. Cyrus placed Pactyes in charge of collecting tribute in Lydia and left, but once Cyrus had left Pactyes instigated a rebellion against Cyrus. Cyrus sent

16758-399: The next few years effectively quelling insurrections in various parts of the Empire so that a few years after his conquest of Egypt, the Persian Empire was firmly under his control. Egypt remained a part of the Persian Empire from then until Alexander the Great 's conquest of Egypt. After the conquest of Egypt, there were no more revolts or rebellions against Artaxerxes. Mentor and Bagoas ,

16905-578: The nomadic Saka in Central Asia. During these wars, Cyrus established several garrison towns in Central Asia, including the Cyropolis . Nothing is known of Persia–Babylon relations between 547 and 539 BC, but it is likely that there were hostilities between the two empires for several years leading up to the war of 540–539 BC and the Fall of Babylon . In October 539 BC, Cyrus won a battle against

17052-580: The north and west, most of the Black Sea coastal regions, parts of Central Asia as far as the Aral Sea , the Oxus and Jaxartes to the north and north-east, the Hindu Kush and the western Indus basin (corresponding to modern Afghanistan and Pakistan ) to the far east, parts of northern Arabia to the south, and parts of eastern Libya ( Cyrenaica ) to the south-west, and parts of Oman , China, and

17199-500: The original nomadic people who began the empire called themselves the Parsa and their constantly shifting territory Parsua , for the most part localized around Persis. The name "Persia" is a Greek and Latin pronunciation of the native word referring to the country of the people originating from Persis ( Old Persian : 𐎱𐎠𐎼𐎿 , romanized:  Pārsa ). The Persian term 𐎧𐏁𐏂 Xšāça , literally meaning "The Kingdom",

17346-570: The penny machines that can be found in most amusement parks. In the Code of Federal Regulations (CFR) in the United States there are some regulations specific to nickels and pennies that are informative on this topic. 31 CFR § 82.1 forbids unauthorized persons from exporting, melting, or treating any 5 or 1 cent coins. This has been a particular problem with nickels and dimes (and with some comparable coins in other currencies) because of their relatively low face value and unstable commodity prices. For

17493-488: The precious metal. Most modern coinage metals are base metal , and their value comes from their status as fiat money — the value of the coin is established by law. In the last hundred years, the face value of circulated coins has occasionally been lower than the value of the metal they contain, primarily due to inflation . If the difference becomes significant, the issuing authority may decide to withdraw these coins from circulation, possibly issuing new equivalents with

17640-425: The road to delay Alexander, who brought it to Persepolis for an honourable funeral. Bessus would then create a coalition of his forces, to create an army to defend against Alexander. Before Bessus could fully unite with his confederates at the eastern part of the empire, Alexander, fearing the danger of Bessus gaining control, found him, put him on trial in a Persian court under his control, and ordered his execution in

17787-513: The ruins at a high price to speculators, who calculated on reimbursing themselves by the treasures which they hoped to dig out from among the ashes. Tennes was later put to death by Artaxerxes. Artaxerxes later sent Jews who supported the revolt to Hyrcania on the south coast of the Caspian Sea . The reduction of Sidon was followed closely by the invasion of Egypt. In 343 BC, Artaxerxes III, in addition to his 330,000 Persians, had now

17934-478: The same time, a rebellion had broken out in Asia Minor, which, being supported by Thebes , threatened to become serious. Levying a vast army, Artaxerxes invaded Egypt and engaged in fighting with Nectanebo II . After a year of fighting the Egyptian Pharaoh , Nectanebo inflicted a crushing defeat on the Persians with the support of mercenaries led by the Greek generals Diophantus and Lamius. Artaxerxes

18081-415: The shortfall only arises over time due to inflation , as market values for the metal overtake the face value of the coin. Examples are the pre-1965 US dime, quarter, half dollar, and dollar (containing slightly less than a tenth, quarter, half, and full ounce of silver, respectively), US nickel , and pre-1982 US penny . As a result of the increase in the value of copper , the United States greatly reduced

18228-524: The soil, the remainder—the Dai , Mardi , Dropici , Sagarti , being nomadic . The Achaemenid Empire was created by nomadic Persians . The Persians were Iranian people who arrived in what is today Iran c.  1000 BC and settled a region including north-western Iran, the Zagros Mountains and Persis alongside the native Elamites . The Persians were originally nomadic pastoralists in

18375-550: The south coast of the Caspian Sea , the same location that the Jews of Phoenicia had earlier been sent. After this victory over the Egyptians, Artaxerxes had the city walls destroyed, started a reign of terror, and set about looting all the temples. Persia gained a significant amount of wealth from this looting. Artaxerxes also raised high taxes and attempted to weaken Egypt enough that it could never revolt against Persia. For

18522-450: The support of his regions. Sogdianus reigned for six months and fifteen days before being captured by his half-brother, Ochus , who had rebelled against him. Sogdianus was executed by being suffocated in ash because Ochus had promised he would not die by the sword, by poison or by hunger. Ochus then took the royal name Darius II. Darius' ability to defend his position on the throne ended the short power vacuum. From 412 BC Darius II , at

18669-478: The then-tyrant of Miletus , Aristagoras, launched a joint expedition with the Persian satrap Artaphernes to conquer Naxos , in an attempt to bolster his position in Miletus, both financially and in terms of prestige. The mission was a debacle, and sensing his imminent removal as a tyrant, Aristagoras chose to incite the whole of Ionia into rebellion against the Persian king, Darius I, who was commonly known as Darius

18816-456: The throne able to impersonate Bardiya because of their remarkable physical resemblance and shared name (Smerdis in Herodotus's accounts ). Ctesias writes that when Cambyses had Bardiya killed he immediately put the magus Sphendadates in his place as satrap of Bactria due to a remarkable physical resemblance. Two of Cambyses' confidants then conspired to usurp Cambyses and put Sphendadates on

18963-642: The throne under the guise of Bardiya. According to the Behistun Inscription , written by the following king Darius the Great , a magus named Gaumata impersonated Bardiya and incited a revolution in Persia. Whatever the exact circumstances of the revolt, Cambyses heard news of it in the summer of 522 BC and began to return from Egypt, but he was wounded in the thigh in Syria and died of gangrene, so Bardiya's impersonator became king. The account of Darius

19110-519: The tomb already built for him in the Naqsh-e Rustam Necropolis. It was Persian tradition that kings begin constructing their own tombs while they were still alive. Artaxerxes I was immediately succeeded by his eldest and only legitimate son, Xerxes II . However, after a few days on the throne, he was assassinated while drunk by Pharnacyas and Menostanes on the orders of his illegitimate brother Sogdianus , who apparently had gained

19257-462: The treatment of 5-cent coins and one-cent coins shall not apply to the treatment of these coins for educational, amusement, novelty, jewelry, and similar purposes as long as the volumes treated and the nature of the treatment makes it clear that such treatment is not intended as a means by which to profit solely from the value of the metal content of the coins." Achaemenid Empire The Achaemenid Empire or Achaemenian Empire , also known as

19404-540: The two generals who had most distinguished themselves in the Egyptian campaign, were advanced to posts of the highest importance. Mentor, who was governor of the entire Asiatic seaboard, was successful in reducing to subjection many of the chiefs who during the recent troubles had rebelled against Persian rule. In the course of a few years, Mentor and his forces were able to bring the whole Asian Mediterranean coast into complete submission and dependence. Bagoas went back to

19551-568: The western Iranian Plateau. The Achaemenid Empire may not have been the first Iranian empire, as the Medes , another group of Iranian people, possibly established a short-lived empire when they played a major role in overthrowing the Assyrians. The Achaemenids were initially rulers of the Elamite city of Anshan near the modern city of Marvdasht ; the title "King of Anshan" was an adaptation of

19698-414: The western oases. To this end, he established a garrison at Elephantine consisting mainly of Jewish soldiers, who remained stationed at Elephantine throughout Cambyses' reign. The invasions of Ammon and Ethiopia themselves were failures. Herodotus claims that the invasion of Ethiopia was a failure due to the madness of Cambyses and the lack of supplies for his men, but archaeological evidence suggests that

19845-587: Was Pheidon of Argos, or Demodike of Kyme (who was wife of Midas the Phrygian and daughter of King Agammemnon of Kyme), or Erichthonios and Lycos of Athens, or the Lydians (as Xenophanes says) or the Naxians (as Anglosthenes thought). Many early Lydian and Greek coins were minted under the authority of private individuals and are thus more akin to tokens or badges than to modern coins, though due to their numbers it

19992-451: Was broken into and most of its luxuries were looted. When Alexander reached the tomb, he was horrified by the manner in which it had been treated, and questioned the Magi, putting them on trial. By some accounts, Alexander's decision to put the Magi on trial was more an attempt to undermine their influence and display his own power than a show of concern for Cyrus's tomb. Regardless, Alexander

20139-628: Was called billon . The first European coin to use Arabic numerals to date the year in which the coin was minted was the St. Gall silver Plappart of 1424. Italy has been influential at a coinage point of view : the Florentine florin , one of the most used coinage types in European history and one of the most important coins in Western history, was struck in Florence in the 13th century , while

20286-530: Was characterized by the spread of Greek culture across a large part of the known world. Greek-speaking kingdoms were established in Egypt and Syria , and for a time also in Iran and as far east as what is now Afghanistan and northwestern India . Greek traders spread Greek coins across this vast area, and the new kingdoms soon began to produce their own coins. Because these kingdoms were much larger and wealthier than

20433-514: Was compelled to retreat and postpone his plans to reconquer Egypt. Soon after this defeat, there were rebellions in Phoenicia , Asia Minor and Cyprus . In 343 BC, Artaxerxes committed responsibility for the suppression of the Cyprian rebels to Idrieus , prince of Caria , who employed 8,000 Greek mercenaries and forty triremes , commanded by Phocion the Athenian, and Evagoras, son of

20580-471: Was probably during this reign that the solar calendar was introduced as the national calendar. Under Artaxerxes I, Zoroastrianism became the de facto religion of the empire. After Persia had been defeated at the Battle of Eurymedon (469 or 466 BC ), military action between Greece and Persia was halted. When Artaxerxes I took power, he introduced a new Persian strategy of weakening the Athenians by funding their enemies in Greece. This indirectly caused

20727-540: Was stopped prematurely when the Greeks received news of the defeat at Thermopylae and retreated. The battle was a tactical victory for the Persians, giving them uncontested control of Artemisium and the Aegean Sea. Following his victory at the Battle of Thermopylae , Xerxes sacked the evacuated city of Athens and prepared to meet the Greeks at the strategic Isthmus of Corinth and the Saronic Gulf . In 480 BC

20874-412: Was succeeded by his eldest son Cambyses II , while his younger son Bardiya received a large territory in Central Asia. By 525 BC, Cambyses had successfully subjugated Phoenicia and Cyprus and was making preparations to invade Egypt with the newly created Persian navy. Pharaoh Amasis II had died in 526, and had been succeeded by Psamtik III , resulting in the defection of key Egyptian allies to

21021-403: Was the longest reigning of the Achaemenid kings and it was during this 45-year period of relative peace and stability that many of the monuments of the era were constructed. Artaxerxes moved the capital back to Persepolis , which he greatly extended. Also, the summer capital at Ecbatana was lavishly extended with gilded columns and roof tiles of silver and copper. The extraordinary innovation of

21168-402: Was the winner of the Battle of Salamis , after Themistocles was ostracized from Athens . Also, Artaxerxes gave him Magnesia , Myus , and Lampsacus to maintain him in bread, meat, and wine. In addition, Artaxerxes I gave him Palaescepsis to provide him with clothes, and he also gave him Percote with bedding for his house. When Artaxerxes died in 424 BC at Susa , his body was taken to

21315-476: Was then the only male descendant of the royal family. Briant says that although the hypothesis of a deception by Darius is generally accepted today, "nothing has been established with certainty at the present time, given the available evidence". According to the Behistun inscription , Gaumata ruled for seven months before being overthrown in 522 BC by Darius the Great (Old Persian Dāryavuš , "who holds firm

21462-518: Was to be used to check and constrain the rising power and influence of the Macedonian kingdom. In 340 BC, a Persian force was dispatched to assist the Thracian prince , Cersobleptes , to maintain his independence. Sufficient effective aid was given to the city of Perinthus that the numerous and well-appointed army with which Philip had commenced his siege of the city was compelled to give up

21609-458: Was used to refer to the Empire formed by their multinational state. The Persian nation contains a number of tribes as listed here. ... : the Pasargadae , Maraphii , and Maspii , upon which all the other tribes are dependent. Of these, the Pasargadae are the most distinguished; they contain the clan of the Achaemenids from which spring the Perseid kings. Other tribes are the Panthialaei, Derusiaei, Germanii , all of which are attached to

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