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The Currency of Ancient Greece: Drachmas and Obols

Summary by The Archaeologist
Introduction Ancient Greece, known for its profound contributions to philosophy, art, and politics, also played a crucial role in shaping economic systems. Among its many innovations, the introduction and development of coinage stand out as pivotal. The drachma and obol, two prominent denominations, not only facilitated trade but also became symbols of economic power and cultural identity.Origins of Greek Coinage Greek coinage began around the 7…
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The ArchaeologistThe Archaeologist

The Currency of Ancient Greece: Drachmas and Obols

Introduction Ancient Greece, known for its profound contributions to philosophy, art, and politics, also played a crucial role in shaping economic systems. Among its many innovations, the introduction and development of coinage stand out as pivotal. The drachma and obol, two prominent denominations, not only facilitated trade but also became symbols of economic power and cultural identity.Origins of Greek Coinage Greek coinage began around the 7…

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The Archaeologist broke the news in on Monday, March 17, 2025.
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