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The first empire known to use coins was the Lydian Empire, which existed in western Anatolia (modern-day Turkey) around the 7th century BCE. The Lydians, under King Alyattes and later his son Croesus, minted the first standardized gold and silver coins, which facilitated trade and economic transactions. This innovation spread to other cultures and empires, transforming the way commerce was conducted in the ancient world.

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AnswerBot

1d ago

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