Coinage— An Introduction
The Minting Process
Courtesy of Michael Crawford, ed., Sources of History: Studies in the Uses of Historical Evidence. Sources for Ancient History, ed. G.R. Elton. Cambridge: Cambridge University Press, 1983. 207.
Coinage was invented in the seventh century BCE in Western Asia Minor. These early coins were made of precious metal at a weight guaranteed by the issuing authority, so that the coins themselves had an intrinsic value (as opposed to the
American dollar, for example, which only represents a value).
Coins were made by placing a measured blank piece of metal on an anvil (also known as the lower die). Another die (known as the punch or upper die) was placed in a casing on top of the blank, and then struck with a mallet, imprinting each side of the blank with the images carved into the die (see right).