Cyprus Silver Coin Melt Values - Live Calculator
The table below lists each denomination and computes live melt value from the current silver spot price of $66.07 per troy ounce.
| Coin | Face Value | Years | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Qty | Melt Value |
|---|---|---|---|---|---|---|---|---|
| Piastres | 18 | 1901 - 1940 | .925 | 11.31 | 10.46 | .3364 | $0.00 | |
| Piastres | 4 1/2 | 1901 - 1938 | .925 | 2.83 | 2.62 | .0842 | $0.00 | |
| Piastres | 45 | 1928 | .925 | 28.28 | 26.16 | .841 | $0.00 | |
| Piastres | 9 | 1901 - 1940 | .925 | 5.66 | 5.24 | .1683 | $0.00 | |
| Grand Total | $0.00 | |||||||
Country Silver Coin History
Ancient Period
The history of silver coins in Cyprus dates back to ancient times, with the first known coins being minted around the 6th century BC. During this period, Cyprus was influenced by various cultures including the Greeks, Phoenicians, and Egyptians. The earliest Cypriot coins were typically made of silver and featured designs reflecting Greek gods and symbols.
Hellenistic Period
Following the conquests of Alexander the Great, Cyprus became part of the Hellenistic world. The Ptolemaic rulers of Egypt, who controlled Cyprus, issued silver coins that often bore the image of Ptolemaic rulers on one side and various deities on the other. The coins from this period were widely circulated and played a crucial role in trade and commerce.
Roman and Byzantine Rule
Cyprus came under Roman rule in 58 BC, and Roman silver coins, known as denarii, became prevalent. These coins featured portraits of Roman emperors and were used extensively throughout the island. Later, during the Byzantine era, silver coins such as the miliaresion continued to be used, reflecting the island's integration into the Byzantine economy.
Medieval Period
During the medieval period, Cyprus saw a variety of rulers, including the Lusignans and the Venetians. Each of these ruling powers minted their own silver coins. The Lusignan dynasty, for instance, issued silver gros, which were used locally and in international trade. Venetian silver coins also became common, especially in the port cities.
Ottoman Era
In 1571, Cyprus fell under Ottoman rule. The Ottomans introduced their own monetary system, which included silver coins such as the akçe and later the kuru?. These coins were integral to the economy of Cyprus during the Ottoman period.
British Rule and Modern Era
When Cyprus became a British colony in 1878, the British introduced their own currency, including silver coins like the shilling. The British influence continued until Cyprus gained independence in 1960. Since then, Cyprus has used various currencies, and silver coins have become more of a collector's item rather than a medium of everyday exchange.
Conclusion
The history of silver coins in Cyprus is a reflection of the island's rich and diverse history. From ancient Greek influences to modern times, silver coins have played a significant role in the economic and cultural development of Cyprus.
