The Oldest Coin in History | Bob Klein of Medici Capital

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10/24/2019

The Oldest Coin in History | Bob Klein of Medici Capital

Bob Klein | Newport Beach

The Oldest Coin in History | Bob Klein of Medici Capital on July 26, 2019

Nearly 2,700 years ago in the old city of Efsos, a wealthy merchant and trading town located in Hellenic Greece, an electrum coin with a lion’s head marking was struck from the back and pressed into the front. The beauty and value of electrum, a naturally occurring mix of gold and silver, made it an ideal candidate for source material from which to make coins. It is believed that this coin likely originates from the area known as Lydia: an area high in electrum at the time.

A mold was created with a lion’s head, placed on an anvil, and then was struck to fit into the mold. This particular coin is one of the many prized possessions of the British Museum’s Department of Coins and Medals. In total, the British Museum is home to over a million different coins to date.

https://bobkleinnewportbeach.blogspot.com/2019/07/the-oldest-coin-in-history-bob-klein-of.html

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