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nydus/The Origin of Metallic Currency and Weight StandardsPublic
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CHAPTER VI. The Gold Unit everywhere the value of a Cow.

grs., 22 grs., 11 grs. This view borrows considerable additional probability from the fact that the silver coins with plain reverses, which very possibly belong to the same age as the earlier gold, are struck on the standard of 135 grains. Whilst in the latter case the Etruscans can be said to have struck their coins on the Euboic-Syracusan, or Attic-Syracusan, or Euboic-Attic standard which was in use at Syracuse, it cannot be so alleged with respect to their gold. For not only are the subdivisions of the unit unknown to the Attic or Syracusan gold, but the coins bear numerals, 𐌣 = 50, 𐌡𐌢𐌢 = 25, 𐌢𐌠𐌠< = 12½, 𐌢 = 10, which are found respectively on the coins of 44, 22, 11 and 9 grains, while on others again which weigh 18 grains we find the numeral 𐌡 = 5 grains9. Here then we have clear indications of a native Etruscan gold currency, existing prior to Greek influence and able to hold its own when the art of coining, and the very coin types themselves, were borrowed from the Greeks.

The Carthaginians were the close allies of the Etruscans in the struggle for the maritime supremacy of the Western Mediterranean against the Greeks, especially the bold Phocaeans, who gained over the fleet of both peoples a “Cadmean victory” at Alalia in Corsica (537 B.C.).

The first Carthaginian coinage was issued in the Sicilian cities, especially Panormus, at a comparatively late date, certainly not earlier than 410 B.C. As this coinage was entirely under Greek influences of comparatively late date, we cannot of course get any direct evidence from it as regards the original Phoenician standard. Carthage herself did not issue coins until about a century later, B.C. 31010. Hence we have no data of an early date. The gold coins struck in Sicily are didrachms of about 120 grains troy, with various subdivisions. This is usually described as the Phoenician standard, or rather the Phoenician gold standard of 260 grains considerably reduced. But the full unit of 240 is never found in the coins, and although we get coins of 2½ drachms (= 147 grains), it is more natural to regard the didrachm of about 120 grains as the real unit, in other words the slightly lowered common unit, which we already

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