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Relative value of 60 drachmai, circa 410 BC
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<p>[QUOTE="MarcosX, post: 2731555, member: 77127"]I have this displayed on a card at my coin shows because people always ask this stuff: According to monetary scholars: "ANCIENT GREECE PAY SCALE 5TH-3RDC </p><p>BC Unskilled laborer one drachma a day about (weight 4.2 grams of silver)</p><p>skilled worker (ARTISAN) 2-to- 2 1/2 drachmes a day"....</p><p><br /></p><p>with a gold silver ratio at 13 to 1 for that time period. during alexander the great era 10 to 1 ratio. ,,,,so if we if you had a 13 to 1 gold silver ratio nowadays that would put silver at 92$ an ounce with a gold price at 1200$ nowadays which at least to me helps make sense of it all. as coins had added fiat value as well[/QUOTE]</p><p><br /></p>
[QUOTE="MarcosX, post: 2731555, member: 77127"]I have this displayed on a card at my coin shows because people always ask this stuff: According to monetary scholars: "ANCIENT GREECE PAY SCALE 5TH-3RDC BC Unskilled laborer one drachma a day about (weight 4.2 grams of silver) skilled worker (ARTISAN) 2-to- 2 1/2 drachmes a day".... with a gold silver ratio at 13 to 1 for that time period. during alexander the great era 10 to 1 ratio. ,,,,so if we if you had a 13 to 1 gold silver ratio nowadays that would put silver at 92$ an ounce with a gold price at 1200$ nowadays which at least to me helps make sense of it all. as coins had added fiat value as well[/QUOTE]
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Relative value of 60 drachmai, circa 410 BC
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