That has yet to be determined. Archeologist have discovered many different types of currency dating thousands of years old, even before egyptians became as advenced as they did.
2007-12-22 03:20:01
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answer #1
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answered by hypur_lil_one 3
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Around 650 B.C., in what is now Turkey (then called Lydia).
http://simple.wikipedia.org/wiki/Money
When people changed from trading in things like cows and wheat to using money instead, they needed things that would last a long time, still be valuable, and could be carried around. The first country in the world to make metal coins was called Lydia, sometime around 650 BC, in the western part of what is now Turkey. The Lydian coins were made of a weighed amount of precious metal and were stamped with a picture of a lion. This idea soon spread to Greece, the rest of the Mediterranean, and the rest of the world. Coins were all made to the same size and shape. In some parts of the world, different things have been used as money, like clam shells or blocks of salt.
The article continues at the provided link.
2007-12-22 03:16:47
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answer #2
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answered by iamnoone 7
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2016-05-02 08:24:01
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answer #3
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answered by mercedes 3
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The use of proto-money may date back to at least 100,000 years ago. Trading in red ochre is attested in Swaziland, from about that date, and ochre seems to have functioned as a proto-money in Aboriginal Australia. Shell jewelery in the form of strung beads also dates back to this period[1] and had the basic attributes needed of early money. In cultures where metal working was unknown, shell or ivory jewelery were the most divisible, easily storeable and transportable, scarce, and hard to counterfeit objects that could be made. It is highly unlikely that there were formal markets in 100,000 B.P. (any more than there are in recently observed hunter-gatherer cultures). Nevertheless, proto-money would have been useful in reducing the costs of less frequent transactions that were crucial to hunter-gatherer cultures, especially bride purchase, splitting property upon death, tribute, and inter-tribal trade in hunting ground rights (“starvation insurance”) and implements. In the absence of a medium of exchange, all of these transactions suffer from the basic problem of barter — they require an improbable coincidence of wants or events. Overcoming this without money requires some system of in-kind "credit" or "gift exchange", restricting trade to those who know one another.
2007-12-22 03:18:24
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answer #4
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answered by hairypotto 6
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As an Anatolian civilization Lydians started using it as they were interested in trading. The money that they used were made from gold, silver or bronze and had lion and bull pictures on them.
2007-12-22 03:21:39
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answer #5
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answered by animals123 6
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Money is nothing more than a bartering tool. In jail, they don't use money, they use cigarettes...
I know people who trade marijuana for services.
In the future it won't be hard to see new bartering tools popping up and becoming socially accepted...
2007-12-22 03:25:19
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answer #6
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answered by Adam G 6
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Well as You asked
If I can remember It was my first week's pocket money and I lost half of it down a grid
[Nice to see You have humor]
May this help
2007-12-22 03:28:19
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answer #7
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answered by Human Being Human 7
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Tokens, used in lieu of barter may go back as far as 100,000 years, in the forms of ochre and shells. Coins date back to roughly 700BCE.
2007-12-22 03:23:28
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answer #8
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answered by novangelis 7
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money in our modern sense seems to have first appeared in lydia around 550 bc. the invention of money is usually credited to king croesus (probably a real person) who became so rich that the expression 'rich as croesus' entered most later languages.
the main advantage of money was that it made shopping easier. next time you are at the mall remember that king croesus of lydia made all this possible.
2007-12-22 03:19:49
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answer #9
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answered by synopsis 7
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Coins were first used in Lydia about the 6th or 7th century B.C.
2007-12-22 03:16:47
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answer #10
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answered by Sherry 1
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