Lebanon Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $66.54 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Piastres | 10 | 1929 | 0.68 | 2.5 | 1.7 | 0.0547 | $0.00 | |
| Piastres | 25 | 1929 - 1936 | 0.68 | 5 | 3.4 | 0.1093 | $0.00 | |
| Piasters | 50 | 1929 - 1936 | 0.68 | 10 | 6.8 | 0.2186 | $0.00 | |
| Piastres | 50 | 1952 | 0.6 | 5 | 3 | 0.0965 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
The history of silver coins in Lebanon is a fascinating journey that reflects the region's rich cultural and economic heritage. Lebanon, located at the crossroads of the Mediterranean, has seen various civilizations and empires that have influenced its coinage over the centuries.
Ancient Times
In ancient times, the area that is now Lebanon was part of the Phoenician civilization. The Phoenicians, renowned for their seafaring and trade, used silver coins in their extensive trading networks. These coins were often influenced by Greek and Persian designs, reflecting the diverse interactions with neighboring civilizations.
Roman and Byzantine Periods
During the Roman and Byzantine periods, the region continued to use silver coins. Roman denarii and Byzantine siliquae were common, and these coins often bore the images of emperors and important symbols of the empire.
Islamic Caliphates
With the advent of Islamic rule in the 7th century, the Umayyad and Abbasid caliphates introduced their own silver coinage, known as dirhams. These coins featured Arabic inscriptions and Islamic religious phrases, marking a significant shift in the region's monetary system.
Ottoman Era
During the Ottoman era, which began in the early 16th century and lasted until the end of World War I, the region that includes modern-day Lebanon used the Ottoman silver coinage. The most common silver coins were the kuru? and the para, which were part of the complex Ottoman monetary system.
Modern Period
After gaining independence from French mandate in 1943, Lebanon established its own currency, the Lebanese pound (lira). The early issues of Lebanese coins included silver denominations. However, due to economic and political changes, the use of silver in coinage gradually diminished over the 20th century.
Contemporary Times
In recent times, Lebanon, like many other countries, has moved away from using silver in everyday coinage due to the metal's increasing value. However, silver coins are still minted for commemorative purposes and by collectors. The Central Bank of Lebanon occasionally issues special edition silver coins to mark significant events or anniversaries.
The history of silver coins in Lebanon is a testament to the region's dynamic history and its interactions with various cultures and empires. These coins not only served as a medium of exchange but also as symbols of power, religion, and artistic expression.
