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Greek 19th century usage of the term "obolon" and diobolon"
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<p>[QUOTE="The Eidolon, post: 7411711, member: 102103"]The Wikipedia page claims the UK halfpenny and Ionian obol were equivalent.</p><p>My Krause section on the Ionian Islands is pretty sparse.</p><p>Looks like they were on a silver system, unlike the UK, with 220 paras = 1 Spanish dollar or 100 oboli = 1 (Spanish) dollar. Thanks to the vagaries of bimetallism, I don't know the exact exchange rate between the Spanish dollar and UK pound (which was on a gold standard after the Napoleonic Wars). I imagine the rate took a substantial adjustment after the California Gold Rush lowered the value of gold compared to silver worldwide. In any event, 1 obol probably equaled a halfpenny at prevailing local exchange rates the entire time.[/QUOTE]</p><p><br /></p>
[QUOTE="The Eidolon, post: 7411711, member: 102103"]The Wikipedia page claims the UK halfpenny and Ionian obol were equivalent. My Krause section on the Ionian Islands is pretty sparse. Looks like they were on a silver system, unlike the UK, with 220 paras = 1 Spanish dollar or 100 oboli = 1 (Spanish) dollar. Thanks to the vagaries of bimetallism, I don't know the exact exchange rate between the Spanish dollar and UK pound (which was on a gold standard after the Napoleonic Wars). I imagine the rate took a substantial adjustment after the California Gold Rush lowered the value of gold compared to silver worldwide. In any event, 1 obol probably equaled a halfpenny at prevailing local exchange rates the entire time.[/QUOTE]
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Greek 19th century usage of the term "obolon" and diobolon"
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