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<p>[QUOTE=&quot;ErolGarip, post: 2802895, member: 88736&quot;]I found a coin (a chinese ancient coin, dated 200 B.C., from the collection of Schlosser, Hannover) mentioned in the book, &quot;Number Words and Number Symbols: A Cultural History of Numbers&quot; by Karl Menninger (1969). </p><p><br /></p><p>I was able to read one page only (at books.google.com). On page 220, figure 48 shows the picture of that ancient coin. </p><p>Author of the book says &quot;written numbers on this coin are 10&#039;9&quot; ... Since the book is not about the coin, but, about history of numbers, it is not said anything about what these numbers are. Probably a date or rank nr of a chinese empire. Maybe, I am wrong and it (10&#039;9) is its face value of coin? </p><p><br /></p><p>I have been unable to find (on the net) any ancient coin with a face value. Btw, i just read an ancient greek literature (Frogs, 400-500 BC) now in that &quot;coin values&quot; were mentioned. It seems that face value started to appear on the coins after 1000s, after &quot;representative money&quot; started. So, previous coins before 1000s AD were &quot;commodity money&quot; which were used to exchange&nbsp; the goods &quot;without&quot; mathematics. I mean, it is subjective valueing things like one saying &quot;gold is more valuable than silver&quot; and another saying &quot;silver is more valuable than gold&quot;. Face values gained importance after &quot;fiat money&quot;,&nbsp; &quot;let its value be so&quot; money started to appear. But, face values on the coins&amp;banknotes have always been going lower than, say, &quot;gold value&quot;. Fiat money we use today is not really fiat money. We see this clearly in coin material value always dictating/exceeding its face value. So, as a conclusion, we in this so called modern era still live in ancient era when it comes to coin values. </p><p><br /></p><p>Ok, I too am done here.[/QUOTE]</p><p><br /></p>

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