2006-11-21 12:24:12 · 8 answers · asked by Anonymous in Society & Culture ➔ Mythology & Folklore
http://www.michaelppowers.com/prosperity/coins.htm
2006-11-21 12:32:45 · answer #1 · answered by happy.girl 5 · 0⤊ 0⤋
An ancient civilization called the Lydians invented the first coins. Lydia was in Asia Minor, where a mint was set up in the city of Sardis. Coins were produced from electrum, a naturally occuring alloy of silver and gold. King Ardis (652- 615 BC) set up the mint at Sardis to be used for minting coins. Then, King Croesus created the first official coins. They were authorized by the monarch and guaranteed to have value. I hope this helps!
2006-11-21 20:37:33 · answer #2 · answered by CoinGirl12 2 · 0⤊ 0⤋
I remember somethng about it use to be precious metals.
Most was barter, give me a chicken and you get a basket.
Then it went to metal with the rulers image like an avatar on it.
Then when gold and silver and copper was to hard to carry around they put paper money to represent gold that is in a vault somewhere. when they make more money they have to put more gold in there. So the paper is backed by something tangleable.
2006-11-21 20:40:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋
histrical references all suggest that currency in tangible forms all emerged around the same time startingin the fareast. There is no true first currency but barter based on exchanbnge for precious items (ie currency/money) has been around for quite a while. It shows in both old and new world historical artifacts.
2006-11-21 21:31:17 · answer #4 · answered by kerketay 1 · 0⤊ 0⤋
Tracy Sullivan in 1808.
2006-11-21 20:55:11 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Al Capone
2006-11-21 22:14:26 · answer #6 · answered by 10 to 20 5 · 0⤊ 1⤋
I did.
2006-11-24 00:19:19 · answer #7 · answered by Anonymous · 0⤊ 0⤋
$BLING$
2006-11-21 21:47:37 · answer #8 · answered by Camie 2 · 0⤊ 0⤋