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earliest "coin" known

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franciscosan View Drop Down
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    Posted: 28 Oct 2019 at 04:40
Isidore of Seville (6th c. BC) defined a coin as weight, metal and type (emblem).  The small silver ingot from Egypt meets all these requirements, but is over 500 years earlier than the "first" coins from Lydia.  

This ingot is on sale at Numismatica Genevensis SA, Auction 12 lot 101 (category Egypte Antique), besides being listed on their own site, it is also listed on Numisbid (numisbids?) for 'only' 30,000 Euros (starting price or estimated price, I am not sure which).  This is an auction, and auction house typically start the bidding low to increase the number (and excitement) of the bidders.

https://coinsweekly.com/do-we-have-to-predate-the-beginning-of-coinage-by-half-a-millennium/

Power is going out in minutes!

Here is a google translation of the text on https://www.biddr.ch/auctions/ngsa/browse?a=791&l=831356 lot #101.  

Toutankhamon, around 1345-1327 BC J. C. Silver ingot, Phoenician counter in Lebanon. Punch in the shape of a jug with hieroglyphic inscription: Tutankhamon Regent of Heliopolis of Upper Egypt. The ridge on the top of the ingot shows the mark of the pincer that cut the silver before solidification. H 42mm, L (max) 20mm, Thickness 7mm. 41,55g. Michel Valloggia, Note on two silver ingots of Tutankhamun, Journal of Egyptology 68 (2017-2018), p. 141-152, ingot A.
The first monetary form of the history of humanity. Of incomparable historical importance. Superb.
From the collection Roger Pereire (deceased in 1968) and a private collection geneva since.
For a long time, many historians have wondered how an empire as powerful as that of ancient Egypt could have traded without money. Indeed, the earliest Egyptian coins known for a long time were imitations of Athenian tetradrachms and gold staters of Pharaoh Nektanebo II (361-343 BC), shortly before the conquest of Alexander the Great. Now a text, two centuries and a half later, to the reign of Tutankhamun, relates the misadventures of a certain Ounamon, who was in charge of the purchase of wood for the processional barque of Amon-Re of Thebes. A man of his crew would have fled with a gold vessel weighing five deben, four jugs of silver weighing twenty deben, and a small silver bag of eleven deben. The little sack of money was certainly filled with little ingots. The existence of such ingots was confirmed by the treasure of Tod, which contained twelve silver ingots, currently preserved in the Louvre and the Cairo Museum. The present ingot is distinguished by the presence of a detailed inscription: "Tutankhamon Regent of Heliopolis of Upper Egypt" (that is to say, Thebes). The name of the king is not surrounded by the usual royal cartouche (an oval underlined in one stroke, symbolizing the universality of pharaonic royalty). It is written in a jug-shaped jug or jug. The latter itself has a hieroglyphic meaning: "hnm", which is found in the expression "hnm m hd", meaning "encrusted in silver". Moreover, the very shape of the object is reminiscent of the shape of the hieroglyph meaning "ingot". This form was therefore obviously familiar to the ancient Egyptians. The extreme rarity of the existing copies today is explained in particular by the fact that Egypt did not have any silver mine. This came from exchanges with cities in the Middle East, such as Ugarit, Byblos or Beirut. One can thus think that such objects were reserved for particular or ceremonial purposes. This rare ingot thus constitutes the first monetary object dated in the world.

" src="blob:http://www.worldhistoria.com/1c9911c9-0748-4c06-ab35-77551d9e755b" alt="ingot" moz-do-not-send="false" class="Apple-web-attachment Apple-edge-to-edge-visual-media" style="font-family: Helvetica;">


Edited by franciscosan - 28 Oct 2019 at 04:43
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Vanuatu Quote  Post ReplyReply Direct Link To This Post Posted: 07 Nov 2019 at 16:08
King Tut silver no less! Most say that silver was not mined in Egypt during the Middle Kingdom so it was scarce. Still silver was part of ritual protection and a tool to harness the attributes of the moon; Osiris, purity, transformation, sexuality, fertility, death. 

This must be the first Egyptian ingot from 1300-1500 BCE with a royal inscription. Others have been found in Egypt that predate this lot but they are not inscribed.

https://www.metmuseum.org/toah/hd/silv/hd_silv.htm 
Temple inscriptions suggest that for much of Egypt’s history, silver was valued more highly than . However, unlike gold, which is known to have been brought from the Eastern Desert and Nubia, the sources of silver are obscure, and in view of the relative scarcity of local geological resources, assuredly much was imported from neighboring lands. For this reason, and because silver, especially hammered sheet, is highly susceptible to the corrosive salts found in most Egyptian burial environments, it generally appears less frequently in the Egyptian archaeological record than gold or cupreous metals.
 
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