TRIVIA: Early Coin Denominations

Discussion in 'Coin Chat' started by Clinker, Jan 6, 2009.

  1. Clinker

    Clinker Coin Collector

    Do you know many country's first coins were derived from that country's weights system?

    I'm not going to present all of them in this "trivia," but I hope to give a few examples starting with the Chinese Tael.

    There were many different weighting standards of Tael depending on the region or type of trade. In general the Silver Tael weighed around 40 grams. In some provinces of China the weight and coin was called SAR or Liang. Because of so much world trade in the Orient, a Dollar and its decimalization denominations of Five Cents, Ten Cents, 20 Cents, and 50 Cents (all siver composition) were struck as well as Cash coin denominations of 1, 2, 10, 20, 50, 100, and 200 in brass, bronze and copper. Kirin Province even minted a Ten Coppers coin (equal to 50 Cash).Some struck coins and token coinage in weight denominations of Chiao, Fen, Mace, Miscal, and Wen.

    The most common government silver weight measure was the Kuping ("treasury standard") Tael, weighing 1.2 Troy ounces of silver (37.3 g).

    A common commercial weight, the Caiping ("canal shipping standard") Tael weighed 1.18 Troy ounces (36.7 g) of marginally less pure silver.

    1/10 Tael = Mace

    1/100 Tael = Candareen

    Here's a 1909 Tael:

    All photos in this trivia are courtesy of coinarchives unless noted.

    http://www.coinarchives.com/w/lotviewer.php?LotID=593876&AucID=433&Lot=20713


    Here's an 1895 coin whose denomination is 7 Mace 2 Candareens:

    http://www.coinarchives.com/w/lotviewer.php?LotID=600196&AucID=437&Lot=108


    India's Rupee was, also, a weight. Rupee means coin of silver. The word Rupiya was coined by Sher Shah Suri during his brief rule of India between 1540 - 1545. It weighed 178 grains .

    Here's one to look at from Year 48:

    http://www.coinarchives.com/w/lotviewer.php?LotID=628808&AucID=455&Lot=685


    The following excerpt is from Wikipedia:

    "Formerly the Rupee (11.66 g, .917 fine silver) was divided into 16 Annas, 64 Paise, or 192 Pies. In Arabia and East Africa the British India Rupee was current at various times, including the Paisa and was used as far south as Natal. In Mozambique the British India Rupees were overstamped, and in Kenya the British East Africa company minted the Rupee and its fractions as well as Pice. It was maintained as the Florin, using the same standard, until 1920. In Somalia the Italian colonial authority minted 'Rupia' to the exact same standard, and called the Pice 'Besa'. Early 19th century E.I.C. Rupees were used in Australia for a limited period. Decimalisation occurred in Ceylon (Sri Lanka) in 1869, India in 1957 and in Pakistan in 1961. Thus an Indian Rupee is now divided into 100 Paise and so is the Pakistani Rupee."

    Here's an 1862 Two Annas coin:

    http://www.coinarchives.com/w/lotviewer.php?LotID=627422&AucID=454&Lot=257


    Here's some Paisa:

    http://www.coinarchives.com/a/lotviewer.php?LotID=104345&AucID=111&Lot=888



    Here's an 1825 Pie:

    http://www.coinarchives.com/w/lotviewer.php?LotID=518054&AucID=376&Lot=123



    The pound, a unit of currency of England, is the value of a pound mass of silver. For a long time, £1 worth of silver coins were a troy pound in mass. Here's a photo:

    http://www.coinarchives.com/w/lotviewer.php?LotID=548624&AucID=394&Lot=51646


    And what about the Napoleanic Kingdom of Italy's Lira during its seven year period (1807 - 1814)?

    The term originates from the value of a pound weight of high purity silver.

    Here's an 1807 Napolean Campaign Lira:

    http://www.coinarchives.com/w/lotviewer.php?LotID=446499&AucID=329&Lot=1852



    Here's one before Napolean:

    http://www.coinarchives.com/w/lotviewer.php?LotID=635437&AucID=458&Lot=93


    Here's a Lira after Napolean:

    http://www.coinarchives.com/w/lotviewer.php?LotID=635584&AucID=458&Lot=240


    The French Livre also originates from a troy pound of weight:

    Here's a photo:
    http://www.coinarchives.com/w/lotviewer.php?LotID=597444&AucID=434&Lot=1183


    Here's another country's contribution to this trivia which some of you may think should have been considered before the previous ones.
    Greece

    Greek coinage units involve prescribed amounts of a given metal, Denominations of Greek coins are the same as their equivalent weight, namely

    Obol

    Drachma

    Mina

    Talent

    Six Obolus = One Drachma

    100 Drachmae = One Mina

    60 Minae = One Talent

    Here's an 1819 Obol:

    http://www.coinarchives.com/w/lotviewer.php?LotID=230707&AucID=174&Lot=690


    Here's an 1852 Drachma:

    http://www.coinarchives.com/w/lotviewer.php?LotID=479130&AucID=354&Lot=5661


    Greece continues to use those weight denominations. Here's a 1935 Mina (100 Drachmai):

    http://www.coinarchives.com/w/lotviewer.php?LotID=154578&AucID=132&Lot=683


    Here's a Mina (Decadrachm) struck in Athens circa 430 BC:

    http://www.coinarchives.com/a/lotviewer.php?LotID=176981&AucID=225&Lot=21


    I couldn't locate a photo of a Talent.

    Israel

    Shekel
    , also rendered sheqel, refers to one of many ancient units of weight and currency.

    The earliest Shekels were not money, but were a units of weight, used as other units of weigh,t such as grams and troy ounces, for trading before the advent of coins. Early coins were money stamped with an official seal to certify their weight. Coins were invented by the early Anatolian traders who stamped their own marks so that they would not have to weigh it again each time it was used. Silver ingots, some with markings on them, were, also, issued. Later the stamping was taken over by official authorities who designed the coins.

    Herodotus states that the first coinage was issued by Croeus, King of Lydia, spreading to the golden Daric (worth 20 Sigloi or Shekel), issued by the Persian Empire and the Silver Athenian Obol and Drachma.

    See just how ancient those denominations/weights are?

    Shekel most commonly refers to an ancient Hebrew unit of weight. As with many ancient units, the Shekel represented a variety of values depending on date, domain and region. Sources quote weights between 9 and 17 grams and values of 11, 14, and 17 grams are common. It can be a gold or silver coin equal in weight to one of these units, especially the chief silver coin of the Hebrews.

    The Shekel was commonly used among other western Semitic peoples as well. Moabites, Edomites, and Phoenicians all used the Shekel, the latter as coinage as well as for a unit of weight. Punic coinage was based on the Shekel, a heritage from their Canaanite ancestors. The Aramaic spelling Tekel appears with a symbolic meaning in the writing on the wall during the feast of Belshazzar according to the Book of Daniel.

    Here's a Shekel struck circa C.E. 68:

    http://www.coinarchives.com/a/lotviewer.php?LotID=229137&AucID=329&Lot=20053


    Silver Tyrian (Lebanon) Shekels are thought to be the infamous "30 pieces of silver given to Judas Iscariot " for betraying Jesus.

    One of the 30 pieces of silver?

    http://www.coinarchives.com/a/lotviewer.php?LotID=229136&AucID=329&Lot=20052


    Thought you'd like to know...

    Clinker - NUMISMATIC FUN SITE UPDATED!
    http://clinker.bravehost.com/funpage2.html
     
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  3. kidromeo

    kidromeo I M LEGEND

    Nice informative trivia Clinker:thumb:
     
  4. Clinker

    Clinker Coin Collector

    kidromeo

    THANKS! :high5: Your positive response made my day, especially accompianied by your nomination...

    Clinker
     
  5. randygeki

    randygeki Coin Collector

  6. green18

    green18 Unknown member Sweet on Commemorative Coins

    Interesting read (as always) Clinker. Thanks for the info.:smile
     
  7. Clinker

    Clinker Coin Collector

    randygeki and green18:

    Thanks AND Happy New Year!

    Clinker
     
  8. rzage

    rzage What Goes Around Comes Around .

    Another well written thread , are you ever going to do one on Standing Liberty Quarters ?
    rzage
     
  9. Clinker

    Clinker Coin Collector

    rzage

    I'll try...

    If I can't find something interesting, mzyve you can post one...:whistle:

    Clinker
     
  10. 4largecents

    4largecents Goldpan Man

    Now that's an interesting post:) I appreciate the info, and I always enjoy learning. :bow:
     
  11. Clinker

    Clinker Coin Collector

    To 4largecents

    And I appreciate your reading my "trivia" posts, your friendship and xomments!

    Clinker
     
  12. rzage

    rzage What Goes Around Comes Around .

    I'd rather read yours:bow::thumb:
    rzage:D
     
  13. acanthite

    acanthite ALIIS DIVES

    Great thread, Clinker.
     
  14. Clinker

    Clinker Coin Collector

    acanthite

    Hey! Good to read your comment! :eek:hya: Been quite awhile...

    Clinker
     
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