Drachmas Doubloons and Dollars: The History of Money
(Exhibition Home)
Ancient Greece and the Mediterranean World
Introduction
Early Greek Coins - Experimentation With Coinage - Coinage and Trade - Athenian Coinage - Everyday Coinage - Coinage and War - Alexander the Great - Hellenistic Portrait Coins
Coinage and War

In the ancient Greek world war was common. Money was often a motivating factor for military expeditions. Coins were needed to pay soldiers, and soldiers in turn would seize foreign treasures from which money was struck again. In some cases, the coins themselves chronicle the military successes and failures of the issuing authority. Although often made in times of crisis, some of these coins represent pieces of great art.
Persian gold daric (c. 5th century BC), showing the armed Persian king. Darics were some of the most popular coins used for hiring mercenary soldiers.
Egyptian gold daric (c. 359-343 BC) showing a hieroglyphic sign of a heart, lungs and windpipe. This rare issue was made to pay foreign Greek mercenaries to fight against the Persians.
Gold stater (c. 296-294 BC) of Athens. As a last resort in a crisis, citizens could go to their temples to find metal for coins. This coin was made from gold stripped from the famous statue of Athena in the Parthenon to pay for the defense of the city against a Macedonian army.
Siculo-Punic silver stater (270-260 BC) depicting Pegasus, struck by a Carthaginian military mint operating in Sicily.
Sicilian silver dekadrachmon (405-401 BC) of Syracuse with the nymph Arethusa, made from silver captured from the city's enemies in North Africa and Sicily.