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Archaeology of Empire in Achaemenid Egypt$
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Henry Colburn

Print publication date: 2019

Print ISBN-13: 9781474452366

Published to Edinburgh Scholarship Online: May 2020

DOI: 10.3366/edinburgh/9781474452366.001.0001

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PRINTED FROM EDINBURGH SCHOLARSHIP ONLINE (www.edinburgh.universitypressscholarship.com). (c) Copyright Edinburgh University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in ESO for personal use.date: 29 July 2021

Coinage and the Egyptian Economy

Coinage and the Egyptian Economy

Chapter:
(p.221) 6. Coinage and the Egyptian Economy
Source:
Archaeology of Empire in Achaemenid Egypt
Author(s):

Henry P. Colburn

Publisher:
Edinburgh University Press
DOI:10.3366/edinburgh/9781474452366.003.0006

A major consequence of the integration of Egypt into the Achameneid Empire was its newfound need for silver in order to make tribute payments. This was achieved by selling grain and other products to the Greeks. As a result Egypt acquired large quantities of Athenian tetradrachms, which became so prominent that by the end of the fifth century it appeared as a unit of account in Demotic and Aramaic documents, and was even imitated by the Egyptians. Indeed, the tetradrachm was so prevalent that during the Second Persian Period imitations of it were even issued in the names of the satraps Sabaces and Mazaces, and of Artaxerxes III himself. In this respect Achaemenid rule played an important yet indirect role in setting Egypt on the road to monetization.

Keywords:   Coinage, Artaxerxes III, Political economy, Temples, Grain, Aryandes, Athens

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