The table below lists each denomination and computes live melt value from the current silver spot price of $66.67 per troy ounce.

Enter quantities per row to calculate your total melt value: Total melt value: $0.00
Coin Face Value Years Fineness Gross Weight (g) ASW (g) ASW (oz t) Qty Melt Value
Drachmi 1 1901 .835 5 4.18 .1342 $0.00
Drachmai 2 1901 .835 10 8.35 .2685 $0.00
Drachmai 5 1901 .835 25 20.88 .6711 $0.00
Lepta 50 1901 .835 2.5 2.09 .0671 $0.00
Grand Total $0.00

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Country Silver Coin History

The history of silver coins in Crete is a fascinating journey through ancient civilizations, economic developments, and artistic expressions. Here is a detailed look into how silver coinage evolved on this historically rich island.

Early Beginnings

Crete, the largest of the Greek islands, has a history of coinage that dates back to the Minoan civilization. While the Minoans are not known to have produced coinage, their extensive trade networks laid the groundwork for future economic systems.

Archaic Period (c. 700-480 BC)

The first silver coins in Crete are believed to have been minted during the Archaic period. These early coins were influenced by the coinage of mainland Greece and other neighboring regions. The designs often featured symbols and deities significant to Cretan culture.

Classical Period (c. 480-323 BC)

The Classical period saw a significant development in Cretan coinage. Cities like Knossos, Gortyna, and Phaistos began to issue their own silver coins. These coins often depicted images of gods and goddesses, such as Zeus, Hera, and Athena, as well as local symbols like the labyrinth and the Minotaur.

Knossos

Knossos, one of the most powerful cities on the island, produced silver coins that often featured the labyrinth, a reference to the myth of Theseus and the Minotaur. These coins were widely circulated and are a testament to the city's influence and wealth.

Gortyna

Gortyna, another major city, issued silver coins that frequently depicted Europa sitting on a bull, a reference to the mythological abduction by Zeus. This imagery highlighted the city's connection to the broader Greek mythological tradition.

Hellenistic Period (c. 323-31 BC)

During the Hellenistic period, after the conquests of Alexander the Great, Cretan coinage continued to evolve. The island became more interconnected with the wider Hellenistic world, and this is reflected in the coin designs. Silver coins from this period often featured Hellenistic rulers and deities, indicating the island's integration into the larger Hellenistic economy.

Roman Period (c. 31 BC onward)

With the Roman conquest of Crete in 67 BC, the island's coinage began to reflect Roman influence. While local mints still produced coins, they often featured Roman emperors and symbols. The use of silver coins continued, but they gradually became standardized according to Roman monetary policies.

Conclusion

The history of silver coins in Crete is a rich tapestry that reflects the island's dynamic interactions with various cultures and civilizations. From the early Archaic period through the Roman era, Cretan coinage provides valuable insights into the economic, political, and artistic developments of the island.