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Replies: 8 / Views: 1,737 |
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Pillar of the Community
Netherlands
1204 Posts |
I just bought a new silver siglos, 35 dollar ex shipping so I couldnt let it go. and of course I like the countermarks! According to the sellers info: 5.24 gm 16 mm. Probably Type IIIa. Darius I - Xerxes I, c. 490/480 - 475 BC. c. 5.30 - 5.39 g ( http://www.forumancientcoins.com/nu...?key=siglos)  Edited by Dutchgulden 02/12/2015 3:58 pm
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Pillar of the Community
Italy
1790 Posts |
Very nice  I wonder what the exhange rate into dracms was ? 
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Moderator
 United States
23731 Posts |
Very nice and for an excellent price. I've been looking at these lately I don't have any but would like to pick up one or two some day.
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Pillar of the Community
 Netherlands
1204 Posts |
Thanks,
Maybe this helps?
Under Darius the ratio of value between gold and silver in the new Achaemenid imperial system was corrected from the old Lydian ratio of 1:13.3 to 1.13 (Herodotus, 3.95) and the official exchange rate between the daric and the siglos set at 1:20 (Nau, pp. 14 ff.). The exchange rate with the Attic drachm was 1:25, and the siglos was reckoned equivalent to 7.5 Attic obols (Xenophon, Anabasis 1.5.6). The daric also provided the basic standard of value for payments to the Persian army: The pay of a simple soldier, and of a mercenary, was usually calculated at one daric a month (Xenophon, Anabasis 1.3.21). From the beginning of the 4th century, however, actual payments must have been made partly in Attic coins, which were apparently preferred by Greek mercenaries; the standard pay was about one Attic drachm a day (Xenophon, Hellenica 1.5.4 ff.; cf. W. E. Thompson, pp. 120 ff.).
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Pillar of the Community
Italy
1790 Posts |
That's cool ! The history and economics behind Ancients always appealed to me. I guess they stopped minting these when Alexander the Great showed up ?
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Pillar of the Community
 Netherlands
1204 Posts |
Thats right, the last siglos were minted u der Darius III - yes it gives a good picture of the value of coins - I love history!
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Pillar of the Community
3772 Posts |
Very nice and gotten at an excellent price - congrats.
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Pillar of the Community
United States
870 Posts |
Great coin. Great price too.
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Pillar of the Community
United States
4973 Posts |
very nice DG....one of thse is very much on my list.
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Replies: 8 / Views: 1,737 |
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