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A guide to the principal gold and silver coins of the ancients ...

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PERIOD ill. 35<br />

PERIOD III.—CIRCA B.C. 400-336.<br />

During <strong>the</strong> war in Asia Minor between <strong>the</strong> Spartans<br />

under Agesilaus <strong>and</strong> <strong>the</strong> Persians, Cyzicus continued <strong>to</strong><br />

strike her electruni staters in large quantities. On this<br />

currency <strong>the</strong> incuse reverse <strong>of</strong> archaic times was <strong>to</strong> <strong>the</strong><br />

last retained. Probably about <strong>the</strong> time <strong>of</strong> <strong>the</strong> Peace <strong>of</strong><br />

Antalcidas, or shortly afterwards, this famous coinage<br />

began <strong>to</strong> decline, <strong>and</strong> was generally superseded by a <strong>gold</strong><br />

•currency, <strong>of</strong> which Lampsacus seems <strong>to</strong> have been <strong>the</strong><br />

<strong>principal</strong> mint.<br />

Ephesus, Samos, Chios, Cos, <strong>and</strong> Rhodes now furnish <strong>the</strong><br />

larger portion <strong>of</strong> <strong>the</strong> <strong>silver</strong> currency <strong>of</strong> western Asia Minor,<br />

while in <strong>the</strong> east <strong>the</strong> Phoenician cities <strong>of</strong> Sidon, Tyre,<br />

<strong>and</strong> Aradus begin about B.C. 400 <strong>to</strong> strike large <strong>silver</strong><br />

•<strong>coins</strong>, <strong>the</strong> circulation <strong>of</strong> which extended along <strong>the</strong> caravan<br />

routes across <strong>the</strong> desert as far as <strong>the</strong> banks <strong>of</strong> <strong>the</strong> Euphrates<br />

<strong>and</strong> <strong>the</strong> Tigris.<br />

In <strong>the</strong> north <strong>the</strong> <strong>gold</strong> coinage <strong>of</strong> Panticapseum, <strong>the</strong><br />

modern Kertch, is remarkable for its peculiar weight, as<br />

•compared with that <strong>of</strong> o<strong>the</strong>r <strong>to</strong>wns. In Macedon <strong>the</strong><br />

<strong>gold</strong> <strong>and</strong> <strong>silver</strong> currency <strong>of</strong> <strong>the</strong> Chalcidian League was<br />

predominant until it was finally extinguished by Philip,<br />

when about B.C. 358 he began <strong>to</strong> work <strong>the</strong> <strong>gold</strong> mines <strong>of</strong><br />

Philippi, <strong>and</strong> re-organised <strong>the</strong> coinage <strong>of</strong> <strong>the</strong> Macedonian<br />

empire.<br />

In central Greece <strong>the</strong> chief currencies were those <strong>of</strong><br />

Thebes, A<strong>the</strong>ns, <strong>and</strong> Corinth. In Peloponnesus <strong>the</strong><br />

Messenians <strong>and</strong> <strong>the</strong> Arcadians, under <strong>the</strong> protection <strong>of</strong><br />

Epaminondas, began <strong>to</strong> strike money, though not in large<br />

quantities.<br />

In Italy <strong>the</strong> rich <strong>gold</strong> <strong>and</strong> <strong>silver</strong> coinage <strong>of</strong> Tarentum<br />

was only rivalled by <strong>the</strong> <strong>silver</strong> <strong>of</strong> Neapolis <strong>and</strong> Metapontum.<br />

In Sicily, down <strong>to</strong> about B.C. 345, when <strong>the</strong> Dionysian<br />

•dynasty was finally expelled, <strong>the</strong> splendid coinage <strong>of</strong><br />

Syracuse had only <strong>to</strong> compete with that <strong>of</strong> <strong>the</strong> Carthaginian<br />

dominions. After Sicily was freed from her tyrants<br />

by Timoleon <strong>of</strong> Corinth, <strong>the</strong> Pegasus staters supersede <strong>the</strong><br />

larger <strong>coins</strong> <strong>of</strong> <strong>the</strong> age <strong>of</strong> <strong>the</strong> Dionysii.<br />

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