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<p>[QUOTE="dougsmit, post: 1411366, member: 19463"]While I agree with the medoraman answer, the most common and well known system was based on the drachm which often had a 4 drachm (tetradrachm) and half drachm (hemidrachm). For smaller change, there was the 1/6 drachm called the obol which also had fractions in various systems and sometimes multiples like the trihemiobol (3/2 obol = 1/4 drachm) or diobol (2 obols = 1/3 drachm). Various places that used the system made different coins from different metals (there are silver obols and bronze obols). This was one basic system but other places used other systems with names like stater or litra and, guess what, they had fractions and multiples as well. Now you know why medoraman gave a short answer. My answer above is less than half complete of fewer than half of the more common systems.</p><p><br /></p><p>A big mistake made by beginners is thinking of antiquity as some sort of consistent and organized unit. There is no answer to any question: "How did the ancients do it?" If you want to know how the ancient Athenians of the 5th century BC did it, we might answer but the Athenians a few years later and another city a few miles down the road did it differently.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1411366, member: 19463"]While I agree with the medoraman answer, the most common and well known system was based on the drachm which often had a 4 drachm (tetradrachm) and half drachm (hemidrachm). For smaller change, there was the 1/6 drachm called the obol which also had fractions in various systems and sometimes multiples like the trihemiobol (3/2 obol = 1/4 drachm) or diobol (2 obols = 1/3 drachm). Various places that used the system made different coins from different metals (there are silver obols and bronze obols). This was one basic system but other places used other systems with names like stater or litra and, guess what, they had fractions and multiples as well. Now you know why medoraman gave a short answer. My answer above is less than half complete of fewer than half of the more common systems. A big mistake made by beginners is thinking of antiquity as some sort of consistent and organized unit. There is no answer to any question: "How did the ancients do it?" If you want to know how the ancient Athenians of the 5th century BC did it, we might answer but the Athenians a few years later and another city a few miles down the road did it differently.[/QUOTE]
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