COINAGE of the GREEK CITY-STATES
COINage Magazine|December - January 2023
Emerging from the late Dark Ages in the eighth to seventh century B.C., the polis or city-state rose up within Greece as various separate settlements emerged within the landscape.
 TIMOTHY M. RYAN
COINAGE of the GREEK CITY-STATES

 This independent and sovereign city would soon become the typical form of Greek urban life. They were thought of as smaller independent countries that were characterized by their own type of rule. This way of life worked well within the natural topography of Greece with its various mountains and tremendous coastline. In this way, various people were able to preserve their own unique culture which would greatly influence the coinage they began to strike in the early sixth century B.C.

AEGINA

One such city-state was Aegina, located just 15 miles southeast of Athens. It was colonized by Dorians and became independent in the sixth century B.C. Maritime trade would lead to commercial prosperity, allowing Aegina to become a powerful city-state before the Persian War.

They would develop one of the earliest mints in Greece, striking the first reliable silver coins that traversed the Mediterranean. In addition to the silver obtained from trading, Aegina also possessed silver rich mines on the island of Siphnos. The highly consistent output of coins during this period resulted in many throughout Greece adopting their weight standard for coinage in the sixth and fifth centuries B.C.

It is believed that the sea turtle image seen on their early coinage refers to their prowess at sea trading and was also the sacred animal of the goddess Aphrodite. The symbology on the coinage of Aegina did evolve over the years, most notably with the type of iconic turtle that was used on the obverse. Later types seem to exhibit a land tortoise with a much boxier shell, most likely referring to Aegina’s loss of independence to Athens in 458 B.C.

 

This story is from the December - January 2023 edition of COINage Magazine.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December - January 2023 edition of COINage Magazine.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM COINAGE MAGAZINEView All
Coin Dealers Attacked, Targets of Organized Crime
COINage Magazine

Coin Dealers Attacked, Targets of Organized Crime

Coin dealers nationwide have become the latest victims of organized crime, facing targeted attacks following their attendance at coin shows.

time-read
2 mins  |
December - January 2025
Should You be Paying Sales Tax on Your Bullion and Coin Purchases?
COINage Magazine

Should You be Paying Sales Tax on Your Bullion and Coin Purchases?

THERE ARE MANY IMPORTANT EXCEPTIONS AND EXEMPTIONS

time-read
4 mins  |
December - January 2025
Physical Format Bitcoin Gains Collector Acceptance
COINage Magazine

Physical Format Bitcoin Gains Collector Acceptance

PRICE RECORDS CONFIRM MARKET DEMAND

time-read
2 mins  |
December - January 2025
Coin Industry's Version of the Good Housekeeping Seal
COINage Magazine

Coin Industry's Version of the Good Housekeeping Seal

CAC GRADING NOW APPROVES AND CERTIFIES

time-read
3 mins  |
December - January 2025
Scott Travers' 2025
COINage Magazine

Scott Travers' 2025

TOP 12 COIN & PRECIOUS METALS TIPS & FORECASTS

time-read
10+ mins  |
December - January 2025
Showcasing Jefferson Nickels
COINage Magazine

Showcasing Jefferson Nickels

HOW TO IDENTIFY VALUABLE VARIETIES

time-read
6 mins  |
December - January 2025
ALEKS GREGORY - VERIFY THAT YOUR GOLD IS REAL
COINage Magazine

ALEKS GREGORY - VERIFY THAT YOUR GOLD IS REAL

Aleks Gregory entered the coin and precious metals market four years ago as a collector and started trading bullion professionally shortly after. He utilized a Sigma Metalytics Pro verifier to confirm that his purchases were real and was astonished at the machine's capabilities.

time-read
2 mins  |
December - January 2025
Top 5 Gifts for Friends, Family and You
COINage Magazine

Top 5 Gifts for Friends, Family and You

YOUR 2024-2025 NUMISMATIC HOLIDAY

time-read
4 mins  |
December - January 2025
Standing Liberty Quarters - THE RISE OF A SUPERPOWER
COINage Magazine

Standing Liberty Quarters - THE RISE OF A SUPERPOWER

Standing Liberty quarters were minted from 1916 to 1930, but the design of these coins relates to issues “in the news” in 2024 and beyond. Indeed, an interesting and not well understood aspect of Standing Liberty Quarters is their reflection of then-recent changes in the foreign policy and military power of the United States.

time-read
10+ mins  |
December - January 2025
The World's Most Valuable Coin - 1933 SAINT-GAUDENS DOUBLE EAGLE
COINage Magazine

The World's Most Valuable Coin - 1933 SAINT-GAUDENS DOUBLE EAGLE

How can a coin that was intended for circulation and had a mintage of 445,500 coins be the world’s most expensive gold coin? It is a story about timing, a gift, a theft, and our nation’s economic history.

time-read
5 mins  |
December - January 2025