Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Were Ancient Greek coins of different metals but the same denomination worth the same?
>
Reply to Thread
Message:
<p>[QUOTE="Pavlos, post: 7496250, member: 96635"]I have answered you already regarding this, yes gold is worth more than silver, just like in 2021. There was a particular gold-to-silver ratio.</p><p><br /></p><p>The seller would specify what metal?</p><p>We are talking here about <u>intrinsic</u> value, not nominal value.</p><p><br /></p><p>The same when using drachms of another weight standard:</p><p>If a foreign coinage was not accepted at its nominal face-value, it could always simply be exchanged at its bullion weight. A list of donations to the sanctuary of Apollo at Didyma near Miletus, dating to 177/6 BC, includes a silver bowl described as weighing '100 Rhodian drachms, or 62 drachms of Alexander' (SW 29, 1091). The bowl must have weighed around 270 g, the equivalent of 100 Rhodian drachms at c. 2.70 g or 62 Attic-weight 'drachms of Alexander' at c. 4.36 g. Hellenistic money-changers (trapezitai) must have been very used to making this kind of ad hoc conversion between the bullion values of dozens of different local civic currencies (Chandezon 2000).[/QUOTE]</p><p><br /></p>
[QUOTE="Pavlos, post: 7496250, member: 96635"]I have answered you already regarding this, yes gold is worth more than silver, just like in 2021. There was a particular gold-to-silver ratio. The seller would specify what metal? We are talking here about [U]intrinsic[/U] value, not nominal value. The same when using drachms of another weight standard: If a foreign coinage was not accepted at its nominal face-value, it could always simply be exchanged at its bullion weight. A list of donations to the sanctuary of Apollo at Didyma near Miletus, dating to 177/6 BC, includes a silver bowl described as weighing '100 Rhodian drachms, or 62 drachms of Alexander' (SW 29, 1091). The bowl must have weighed around 270 g, the equivalent of 100 Rhodian drachms at c. 2.70 g or 62 Attic-weight 'drachms of Alexander' at c. 4.36 g. Hellenistic money-changers (trapezitai) must have been very used to making this kind of ad hoc conversion between the bullion values of dozens of different local civic currencies (Chandezon 2000).[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Were Ancient Greek coins of different metals but the same denomination worth the same?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...