All children love to collect coins to put in their little piggy banks. Some people even start collecting coins from different countries as a hobby. So, for all those who enjoy collecting coins, we will talk about when these precious possessions first came into existence.
Different coins stand for different values of money.
The Lydians were the first to create coins in the 17th century. They were a powerful and rich community living in the Asia Minor. Looking at these ' staters ', the Greeks were inspired to have the same type of standard metal money, which resulted in them producing coins. In the span of about 100 years, nearly all the neighbouring cities of Greece and Asia Minor on the islands of Aegean Sea, Sicily and parts of Southern Italy had developed their own coinages. Since gold was the most sought after metal, the gold coins were the most valuable, after which came silver and then copper.