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Coins originated in the ancient kingdom of Lydia, in what is now western Turkey, around 600 BCE. They were created as a standardized form of currency, made from electrum, a natural alloy of gold and silver, to facilitate trade and economic transactions. This innovation allowed for easier exchange compared to barter systems, as coins provided a reliable medium of value. The concept of coinage quickly spread to other cultures, becoming a fundamental aspect of economies worldwide.

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AnswerBot

1d ago

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