History of Money, 9000BC –– 405BC

9000 — 6000 BC

Is that a cow in your wallet?

Cattle and grain come to be used as money in many different societies

2250 — 2150 BC

Silver Ingots

Cappadocian rulers guarantee the weight and purity of silver ingots. They gained wider acceptance as money.

1000 — 500 BC

Metal models of tools

The Chinese use metal models of tools such as spades, hoes and knives as money.

687 BC

The first coins

The Lydians are the first people to coin money. They are also the first to open retail shops.

300 — 300 BC

Round metal coins

The Chinese start using round base metal coins for money.

406 — 405 BC

First bimetalic coins

Athens issues a bronze coin with silver coating. As a result Athenians hoard silver coins which quickly disappear from circulation as a result.

< Intro  |  390 BC >

Intro  |  9000BC-405BC  |  390BC-337AD  |  806-1275  |  1504-1681  |  1664-1762  |  1764-1776  |  1780-1834  |  1862-1890  |  1930-1933  |  1995-2000