12.2.--The Road from AlexandriaThe Road from AlexandriazGold used to “buy” goods and services (700 B.C.) zTouchstone used to determine gold’s quality. King Gyges (687-652 B. C.) mint seal.Yellow marks: pure goldWhite marks: gold mixed with silverRed marks: gold mixed with copperzEffects of money issued by central mint coinage: 1. Unifying effect on the users. 2. Selective buying and selling of more diverse cargoes.The first indications of gold being used as currency, however, goes as far back as the 3rdmillennium B.C.Gold was made into coins in order to facilitate transport and manipulation. The effects of the central mint coinage was the obvious standardization effect that came with it. This occurred around 500 B. C.Here is a sample coin from the Lydian kingdom of king Gyges.:
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