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When was gold first used?
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The first known civilization to use gold as a form of currency was the Kingdom of Lydia, an ancient civilization centered in western Turkey. Ancient Greeks and gold Later on in history, the ancient Greeks viewed gold as a social status symbol and as a form of glory amongst the immortal gods and demigods.
Apr 4, 2014 · Gold was first used as coinage in the late 8th century BCE in Asia Minor. Irregular in shape and often with only one side stamped, the coins were usually made of electrum. The first pure gold coins with stamped images are credited to king Croesus of Lydia, 561-546 BCE and a contemporary gold refinery has been excavated at the capital, Sardis .
- Mark Cartwright
The first use of gold as money occurred around 700 B.C., when Lydian merchants produced the first coins. These were simply stamped lumps of a 63% gold and 27% silver mixture known as ‘electrum.’
From the 6th or 5th century BC, the Chu (state) circulated the Ying Yuan, one kind of square gold coin. In Roman metallurgy, new methods for extracting gold on a large scale were developed by introducing hydraulic mining methods, especially in Hispania from 25 BC onwards and in Dacia from 106 AD onwards.
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A Brief History of Gold. 3600 BC: Gold is first smelted in ancient Egypt. 2600 BC: Egyptian hieroglyphs describe gold as being “more plentiful than dirt”. The earliest known map dates from this time and shows the plan of a gold mine. The first gold jewellery is also seen.
Jan 31, 2021 · The first use of gold as money occurred around 700 BC, when Lydian merchants produced the first coins. These were simply stamped lumps of a 63% gold and 27% silver mixture known as ‘electrum.’.
Timeline. c. 5000 BCE. Electrum (gold and silver alloy) used by the Egyptians in jewellery. c. 3000 BCE. Sumer civilization in Mesopotamia use gold in jewellery manufacture. c. 2500 BCE. Egyptians invent the technique of filigree in the manufacture of gold objects. c. 1800 BCE. Minoans on Crete use gold in jewellery manufacture. c. 1550 BCE.
