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New Silver Siglos - Achaemenid Empire

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Dutchgulden's Avatar
Netherlands
1204 Posts
 Posted 02/12/2015  3:57 pm Show Profile   Bookmark this topic Add Dutchgulden to your friends list Get a Link to this Message Number of Subscribers
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)


New-Silver-Siglos---Achaemenid-Empire

New-Silver-Siglos---Achaemenid-Empire
Edited by Dutchgulden
02/12/2015 3:58 pm
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Augustus Maximus's Avatar
Italy
1790 Posts
 Posted 02/12/2015  4:01 pm  Show Profile   Bookmark this reply Add Augustus Maximus to your friends list Get a Link to this Reply
Very nice

I wonder what the exhange rate into dracms was ?
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echizento's Avatar
United States
23731 Posts
 Posted 02/12/2015  4:05 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
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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Dutchgulden's Avatar
Netherlands
1204 Posts
 Posted 02/12/2015  4:05 pm  Show Profile   Bookmark this reply Add Dutchgulden to your friends list Get a Link to this Reply
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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Augustus Maximus's Avatar
Italy
1790 Posts
 Posted 02/12/2015  4:09 pm  Show Profile   Bookmark this reply Add Augustus Maximus to your friends list Get a Link to this Reply
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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Dutchgulden's Avatar
Netherlands
1204 Posts
 Posted 02/12/2015  4:17 pm  Show Profile   Bookmark this reply Add Dutchgulden to your friends list Get a Link to this Reply
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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Medieval's Avatar
3772 Posts
 Posted 02/12/2015  4:48 pm  Show Profile   Bookmark this reply Add Medieval to your friends list Get a Link to this Reply
Very nice and gotten at an excellent price - congrats.
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MartiVltori's Avatar
United States
870 Posts
 Posted 02/12/2015  7:32 pm  Show Profile   Bookmark this reply Add MartiVltori to your friends list Get a Link to this Reply
Great coin. Great price too.
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chrsmat71's Avatar
United States
4973 Posts
 Posted 02/12/2015  10:54 pm  Show Profile   Bookmark this reply Add chrsmat71 to your friends list Get a Link to this Reply
very nice DG....one of thse is very much on my list.
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