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Q: Currency in Egyptian History ( Answered 5 out of 5 stars,   2 Comments )
Question  
Subject: Currency in Egyptian History
Category: Reference, Education and News > Homework Help
Asked by: eleanor-ga
List Price: $4.00
Posted: 22 Apr 2002 13:36 PDT
Expires: 29 Apr 2002 13:36 PDT
Question ID: 2710
During what period of history did Egyptians use glass coins for currency?
Answer  
Subject: Re: Currency in Egyptian History
Answered By: waggawa-ga on 23 Apr 2002 17:12 PDT
Rated:5 out of 5 stars
 
Tony Clayton’s Washington Square Coin Exchange Web site  
(http://www.wscoin.com/Info/METALS.HTM#Glass and
http://www.tclayton.demon.co.uk/metal.html#Glass ) states “Small glass tesserae 
of the 1st to 4th centuries AD have been found in Egypt, and were probably used 
as coins. It is also believed that glass weights found in Arabia were used as 
currency.”

The Glass Museum Web site ( 
http://www.moneymuseum.com/standard_english/raeume/geld_machen/werkstatt/materia
l/material.html ) also affirms that early Islamic coin weights were made of 
glass, and are very rare. 

Early Islamic cultures and Egyptians used glass coin weights to standardize 
gold, silver and copper coins, which could be from worn down or otherwise 
weighted differently. It is possible that these were also used as currency. The 
latest dated Fatimid glass weights (or jetons) that have been found date to 
either 1024-25 or possibly 1021-22, according to these sites:

Institute of Nautical Archaeology, Bodrum, Turkey
http://www.diveturkey.com/inaturkey/serce.htm

Czech Náprstek Museum's non-European numismatic collection 
http://www.aconet.cz/npm/dept/dep2_num/eindex.html

The Egyptians most likely perfected glass techniques that they learned from 
their numerous interactions with the Phoenicians. The latter are credited with 
the invention of glass. Encarta (http://encarta.msn.com) notes “The ancient 
Egyptians were masters of the arts of stoneworking and metalworking and the 
production of faience and glass. […] Asian artisans may have established the 
glass industry in Egypt, where the first vessels date from the reign (1479-1425 
BC) of Thutmose III. Glass production flourished in Egypt and Mesopotamia until 
about 1200 BC, then virtually ceased for several hundred years.”

Egyptians did not have a monetary system until long after coins were introduced 
to other Mediterranean nations by King Croesus of Lydia in Asia Minor (560 to 
546 BC).  The belief was that everything belonged to the pharaoh, though a 
barter system was also used. Egypt is also known for its currency credit 
account system of stored barley (the “giro” system), established long before 
the use of coins in Egypt.

Many other countries also bartered wit non-metal materials, such as beads, 
porcelain, amber and quartz. 

Read more about ancient Egyptian and Islamic currency on the following Web 
sites:

Ralph Vaughan's Ancient Egypt Page 
http://ralphv.www3.50megs.com/egypt/eco.html

The Use of Metal Coins by Weight, by Mr. Daud Abu Hilal
http://www.ju.edu.jo/campusnews/1febmar2001/coinage.html

The Coins of Roman Egypt
http://www.coinsofromanegypt.com/html/library/curtis/intro.htm

Bahrain Currency Museum
http://www.bma.gov.bh/mus_article.htm

The Artistry of African Currency, by Lydia Puccinelli
http://www.nmafa.si.edu/exhibits/site/

History of the Phoenicians
http://www.phoenicia.org/history.html

Read more about the history of money on these Web sites:

Origins of Money and of Banking – with a review and summary of Glyn Davies’ 
book on the history of money
http://www.ex.ac.uk/~RDavies/arian/origins.html
(you can also purchase the book "A history of money from ancient times to the 
present day" by Glyn Davies, Cardiff: University of Wales Press, 1994. (ISBN 0 
7083 1246 2))

History of Money 
http://www.referaty.sk/index.php3?referat=3731
(history and summary of different types of currency and barter)

PBS - The History of Money
http://www.pbs.org/wgbh/nova/moolah/history.html

Mintmark's History of Money (abridged)
http://www.mintmark.com/moneyhistory.htm

"The Cradle of Cash" by Heather Pringle DISCOVER Vol. 19 No. 10 (October 1998)
http://www.discover.com/oct_issue/cradle.html
eleanor-ga rated this answer:5 out of 5 stars
excellent and well thought out answer.  It helped me expand my search.

Comments  
Subject: Re: Currency in Egyptian History
From: davebug-ga on 22 Apr 2002 13:48 PDT
 
Well, from a completely unverifiable source, from 908 to 1171 
http://www.aikenslaughs.com/archive/june23.html
Subject: Re: Currency in Egyptian History
From: mgriffiths-ga on 22 Apr 2002 13:59 PDT
 
It seems that the 'glass coins' were actually weights, used as a currency in 
Egypt between 969 and 1171.

"In Egypt, from 969 to 1171 ~ during the Fatimid Period ~ there were no copper 
coins. Instead, citizens used glass weights or coins. The weights were 
different colors, indicating different denominations."
http://www.gocornerstore.com/Inventory_files/March_F/25F.html

Further information on Egyptian coinage:
http://www.anythinganywhere.com/info/a2z/azegypt.htm

With access to this information I was able to search google for "glass coin 
fatimid" which resulted in many more matches:

Report on the cargo of a shipwreck discovered in Turkey containing such items:
http://www.diveturkey.com/inaturkey/serce/cargo.htm

A reference to a promising sounding journal article:
"How Egyptian Glass Coin Weights Were Used," Rivista Italiana di Numismatica e 
Scienze Affini 95 (1993), pp. 539-545.
http://www.amnumsoc.org/collections/batesbio.html

Search terms:
egyptian "glass coins"
fatimid glass coin

Hope that helps.

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