The exact number of gold staters from the time of Alexander the great still in circulation is difficult to determine due to their age and the extensive trading and collecting over centuries. Estimates suggest that tens of thousands of these coins exist today, but many are held in private collections or museums. Their rarity and historical significance contribute to their high value among collectors.
Hephaestus is the god of gold and is a great blacksmith. His symbol is the hammer.
well back in the day, gold wasnt really recognised as a great feature to the common person so not that important.
Great Zimbabwe
The gold and silver treasure of Persepolis were immense much of this was carried back to Greece
The oldest known coin is the Lydian stater, believed to have been minted around 600 BCE in what is now Turkey. It features a lion's head and is made of electrum, a natural alloy of gold and silver. The coin represents one of the first instances of standardized currency, which facilitated trade and commerce in ancient civilizations. Its historical significance makes it a valuable item for collectors and historians alike.
The basic unit of currency was known as the drachma. The denominations of coins were based off of the drachma, such as tetradrachmas and dekadrachmas. The standard unit of gold coins is known to numismatists as the stater. Other gold coins such as the half stater and quarter stater are based off of the stater.
The United States stopped producing gold dollars for circulation in 1933 due to the Great Depression and the subsequent decision to abandon the gold standard. While gold coins had been minted earlier, the last year for the gold dollar's circulation was 1889, and the coins were officially discontinued for public use with the Gold Reserve Act of 1934. However, some gold coins were struck for collectors after this date.
The first coins to circulate in Britain date to around 150 BC and were brought from Northern Gaul by the Celts. The coins were made from gold and known as a "Stater". The Celts began minting gold "Stater" and "Quarter Stater" coins around 100 BC and smaller silver and bronze denominations known as a "Unit" and fractional coins in each metal.
Gold bugs (gold standard) wanted "tight money" meaning less money in circulation. Silverites ( bimetallism) wanted "cheap money" meaning more money in circulation.
Gold Standard
inflation
No. The US did not make any gold coins for circulation after 1933. There are no gold nickels.
1932 was the last year gold coins were struck for circulation.
This coin is called an Eagle. It was minted until 1933 when the USA went off the gold standard and gold coins were no longer legal tender in the US. All existing gold coins were to have been withdrawn from circulation.
The first US $20 gold coin that was relaesed into circulation was in 1850. Look at the coin again and post new question.
None. There is no gold in any Australian general circulation coin.
$1. It's brass, not gold, and is an ordinary circulation strike coin.