By Michael T. Shutterly for CoinWeek ….. Kroisos, King of Lydia Kroisos, the last king of the Ionian kingdom of Lydia in Asia Minor, launched a revolution in coinage when he minted the world’s first gold coins and first silver coins. With his “kroiseids” he also created the world’s first bi-metallic coinage system. The ancient […]
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By Michael T. Shutterly for CoinWeek ….. Virtually every collector has experienced “the one that got away”. This usually involves a coin from your Wish List that someone else snapped up. Sometimes because they saw it first and grabbed it before you could. Sometimes because they snuck in a last-second overbid at an online auction. […]
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By Michael T. Shutterly for CoinWeek ….. The first coins to be struck appeared c. 650 BCE in what is now western Turkey. These coins were little more than blobs of electrum; what made these blobs “coins” rather than “bullion” is that they were cast to fit precisely within a measured system of weights and […]
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By Russell A. Augustin, AU Capital Management, LLC The Colosseo Collection …… Lydian Coins are considers to be the First Coins ever produced and used. The First Official Coin Natural resources are often a source of great wealth for a country, especially its king. The Pactolus River in Lydia, now modern day Turkey, was one […]
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