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How were ancient Greek coin denominations structured within each monetary standard?

OpenAI's Answer

Ancient Greek coin denominations were structured around a core unit, typically the drachm, with other denominations being multiples or subdivisions of this unit. Here's a more detailed breakdown of each monetary standard:

  1. Drachm Standard:

    • Drachm: Basic unit.
    • Subdivisions:
      • Obol: 1/6 of a drachm.
      • Hemiobol: 1/12 of a drachm.
    • Multiples:
      • Didrachm: 2 drachms.
      • Tetradrachm: 4 drachms.
      • Dekadrachm: 10 drachms.
  2. Stater Standard (used in some regions like Lydia):

    • Stater: Main unit, often in electrum.
    • Subdivisions:
      • Hemi-stater: Half of a stater.
      • Quarter stater: 1/4 of a stater.
    • Multiples:
      • Double stater or Distater: Twice the value of a stater.

These standards ensured that the value of coins was consistent based on weight and metal content, mainly gold, silver, and bronze.

Visuals of Greek Coinage

Greek Coins Aegina Stater

Tetradrachm Athenian Tetradrachm

Further Reading:

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