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Background on Greek coins.pdf - RebelText

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Athens, was critical to his appeal to the populace. Arethusa, the local fountain<br />

goddess of Syracuse, appears <strong>on</strong> the obverse of the Syracusan tetradrachm;<br />

Di<strong>on</strong>ysos <strong>on</strong> the staters of Thebes, famous for its wine; and the Pegasus, who<br />

according to legend was tamed by Belleroph<strong>on</strong>e in Corinth (with the help of<br />

Athena), is <strong>on</strong> all silver <strong>coins</strong> of that city-state as well as of its col<strong>on</strong>ies.<br />

The c<strong>on</strong>quests of Alexander the Great transformed the numismatic<br />

landscape of ancient Greece, ushering in what is known as the Hellenistic period<br />

of <strong>Greek</strong> coinage. They snuffed out most of the diverse coinages of city states<br />

and replaced them with <strong>on</strong>e main type: Heracles wearing a li<strong>on</strong> skin <strong>on</strong> the<br />

obverse and, <strong>on</strong> the reverse, Zeus seated <strong>on</strong> a thr<strong>on</strong>e, holding a scepter in his left<br />

hand and an eagle, his symbol, in his right. These <strong>coins</strong> bear the reverse<br />

inscripti<strong>on</strong> of “Alexander” (����������).<br />

Recognizing the ec<strong>on</strong>omic and political importance of having a uniform<br />

coinage, Alexander quickly established his own mints in the places he<br />

c<strong>on</strong>quered, probably moving die makers from <strong>on</strong>e mint to the next. As<br />

Alexander c<strong>on</strong>quered new city-states he established mints to strike a vast silver<br />

coinage. For example, Martin Price, who wrote the most authoritative work <strong>on</strong><br />

the coinage of Alexander the Great, writes: 1<br />

“When Alexander arrived in Cilicia he found a well established<br />

Persian coinage produced from Tarsus by the satraps. The silver<br />

staters displayed the figure of Baal of Tarsus, seated and holding<br />

his flowering sceptre...the same engravers clearly turned from<br />

cutting dies for the Persians to producing those of the imperial<br />

Maced<strong>on</strong>ian coinage. Details of the thr<strong>on</strong>e, drapery, and figure<br />

can be closely compared in the two series, and it is certain that the<br />

mint began to strike the Alexander series without any serious break<br />

in producti<strong>on</strong>...immediately after Alexander’s arrival in summer<br />

333 BC.”<br />

Alexander <strong>coins</strong> were c<strong>on</strong>sidered sound m<strong>on</strong>ey—the receiver knew that<br />

the coin was of a certain weight in silver. The weights of the <strong>coins</strong> were<br />

regulated by city officials called magistrates. It is some of their official symbols<br />

and m<strong>on</strong>ograms that we find <strong>on</strong> the reverses of the Alexander <strong>coins</strong>, usually<br />

underneath or to the left of the thr<strong>on</strong>e. The Alexander coinage was principally<br />

used to pay soldiers, tribute (levies & taxes), and later protecti<strong>on</strong> m<strong>on</strong>ey to<br />

barbarians. When Alexander was alive, there were about 26 mints producing<br />

his coinage, from Amphipolis to Alexandria and Babyl<strong>on</strong>. After his death,<br />

<strong>Greek</strong> rulers and cities throughout the former Alexandrian Empire produced<br />

Alexander coinage at 52 mints at its peak. In all about 114 different mints<br />

1 From The Coinage in the Name of Alexander the Great and Philip Arrhidaeus, by Martin<br />

Jessup Price (1991), p. 369.<br />

2

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