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The coin, usually made of silver or sometimes gold had its origins in a bartering system that referred to a drachma as a handful of wooden spits or arrows. The drachma was unique to each city state that minted them, and were sometimes circulated all over the Mediterranean.
drachma, silver coin of ancient Greece, dating from about the mid-6th century bc, and the former monetary unit of modern Greece. The drachma was one of the world’s earliest coins. Its name derives from the Greek verb meaning “to grasp,” and its original value was equivalent to that of a handful of arrows.
Modern drachma coins; Top row, left to right: 10λ coin, 20λ coin, 50λ coin, 1 δρ. coin, 2 δρ. coin. Middle row, left to right: 5 δρ. coin, 10 δρ. coin, 20 δρ. coin, 50 δρ. coin. Bottom row, left to right: 100 δρ. coin, 500 δρ. coin.
23 apr 2024 · Greek Drachma: The former basic unit of currency in Greece. The Greek Drachma was an ancient currency unit used in many Greek city states. The drachma was reintroduced in 1832 following the ...
The three most important standards of the ancient Greek monetary system were the Attic standard, based on the Athenian drachma of 4.3 grams (2.8 pennyweights) of silver, the Corinthian standard based on the stater of 8.6 g (5.5 dwt) of silver, that was subdivided into three silver drachmas of 2.9 g (1.9 dwt), and the Aeginetan stater ...
15 lug 2016 · The Greek word for grasp is drattomai and this is the origin of the drachma coin. From these bars and rods sprang the idea for a more portable and universal material which could be exchanged for any goods or service: coinage.
10 feb 2021 · Athenian drachma, a long tradition … from ancient currency to the euro. 10 February 2021. By Sarah de Vos, Museum Guide. This tetradrachma comes from the City of Athens. This coin, common throughout the Mediterranean, was the first “international” currency.
