Newly found 3,600-year-old silver pieces are 1st currency in Levant, study claims

Disir

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Sep 30, 2011
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A team of Israeli archaeologists announced it has discovered the earliest evidence of silver being used as currency in the Levant, dating back more than 3,600 years, which is 500 years prior to previous estimates.

“This is the earliest evidence of hoarded silver,” the University of Haifa’s Dr. Tzilla Eshel told The Times of Israel.

Uncovered in excavations around Israel and the Gaza Strip, the proto-coinage’s silver dates to the Middle Bronze Age and originated in either ancient Anatolia or in the area of ancient Greece, researchers from the University of Haifa and Hebrew University said on Sunday.

....Silver first reached the Levant in the 4th millennium BCE, used for figurines and jewelry. Only in the Bronze Age, in the 3rd millennium BCE, were pieces of silver used as currency, Eshel said.

“We know that the silver was the main means of value and exchange in Mesopotamia for a long time, even before the Levant,” explained Eshel. “Everything was valued by silver shekel.”

Because silver was so precious, it was only used for large purchases, such as land. Day-to-day currency more likely used grain, pegged to the shekel weight, such as 2 shekels for a bag of grain, noted Eshel. Eshel said she read that a half gram of silver was equal to a day and a half of work.

This is a very nice find on silver.
 
You might want to check your math ... if these things "dating back more than 3,600 years" ... that's 2nd millennium BCE ... "Only in the Bronze Age, in the 3rd millennium BCE, were pieces of silver used as currency" would be BEFORE the pieces at hand were discovered ...
 

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