Currency

Finance600 BCLydiansTurkey

InventorLydians

Year600 BC

CategoryFinance

OriginTurkey

About Currency

The first standardized coins were made of electrum, a natural gold-silver alloy. Croesus of Lydia minted the first pure gold and silver coins. Paper money was invented in China during the Tang Dynasty, 7th century. Before coins, trade relied on barter and commodity money.

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