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Croeseid
पाटलिपुत्र: electrum
[[File:Kroisos BMC 31.jpg|right|thumb|300px|Gold coin of Croesus, Lydian, around 550 BC, from modern Turkey]]
The '''Croeseid''' is a type of coin, either in gold or silver, which was minted by the king of [[Lydia]] [[Croesus]] from around 550 BCE. Croesus is credited with issuing the first true [[gold coin]]s with a standardised purity for general circulation.
Before the Croesus, his father [[Alyattes of Lydia|Alyattes]] had already started to mint various types of non-standardized coins. They were made in a natural occuring material called [[electrum]], a variable mix of gold and silver. The unpredictability of its composition implied that it had a variable value, which greatly hampered its development.<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
When the [[Achaemenid Empire]] ruler [[Cyrus the Great]] invaded Lydia, together with the rest of [[Asia Minor]], he adopted the bimetallic system initially introduced by Croesus, and continued to strike gold and silver coins at [[Sardis]] according to the model of the Croeseid until around 520 BCE.<ref name="WM">Liquid error: wrong number of arguments (1 for 2)</ref>
The earliest gold coin of the [[Achaemenid Empire]], the [[Daric]], followed the weight standard of the Croeseid, and is therefore considered to be later and derived from the Croeseid.<ref name="CHI">Liquid error: wrong number of arguments (1 for 2)</ref> The weight of the Daric would then be modified through a metrological reform, probably under [[Darius I]].<ref name="CHI"/>
==Reference==
[[Category:Coins]]
The '''Croeseid''' is a type of coin, either in gold or silver, which was minted by the king of [[Lydia]] [[Croesus]] from around 550 BCE. Croesus is credited with issuing the first true [[gold coin]]s with a standardised purity for general circulation.
Before the Croesus, his father [[Alyattes of Lydia|Alyattes]] had already started to mint various types of non-standardized coins. They were made in a natural occuring material called [[electrum]], a variable mix of gold and silver. The unpredictability of its composition implied that it had a variable value, which greatly hampered its development.<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
When the [[Achaemenid Empire]] ruler [[Cyrus the Great]] invaded Lydia, together with the rest of [[Asia Minor]], he adopted the bimetallic system initially introduced by Croesus, and continued to strike gold and silver coins at [[Sardis]] according to the model of the Croeseid until around 520 BCE.<ref name="WM">Liquid error: wrong number of arguments (1 for 2)</ref>
The earliest gold coin of the [[Achaemenid Empire]], the [[Daric]], followed the weight standard of the Croeseid, and is therefore considered to be later and derived from the Croeseid.<ref name="CHI">Liquid error: wrong number of arguments (1 for 2)</ref> The weight of the Daric would then be modified through a metrological reform, probably under [[Darius I]].<ref name="CHI"/>
==Reference==
[[Category:Coins]]
November 17, 2018 at 02:13AM
