Invention of Lydian Coinage and Gold Refining on the Pactolus
Dossier in brief
Place, time and memory in one narrative.
The Invention of Lydian Coinage and Gold Refining on the Pactolus was the pivotal financial revolution of the 7th–6th centuries BCE in Sardis. By refining placer gold from the Pactolus Stream in cementation furnaces under King Croesus, Lydia issued the world's first pure gold and silver state coins, creating the foundations of a global market economy.
Translation status
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Source review status
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Historical event · MÖ 650 — MÖ 546 · Culture and memory · A link to today · deniz-doga
Research note
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Periods
- Ionia & Aeolis