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Top related persons:
” - 1 Christopher Ratté - 1 “ - 1 Alexander the - 1 Persian King Darius - 1 Peter van Alfen - 1 ” van Alfen - 1 Ratté - 1
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Turkey Persian Persia
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CNN - 1 University of Michigan - 1 American Numismatic Society - 1 Spartan - 1

Search resuls for: "American Numismatic Society"


2 mentions found


☆ Archaeologists uncover ancient pot of gold
  + stars: | 2024-08-08 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +5 min
Researchers discovered the stash in Notion, an 80-acre fortified city that was occupied from about the sixth century BC to the first century AD. “No one ever buries a hoard of coins, especially precious metal coins, without intending to retrieve it. One gold coin would have been the equivalent of a month’s salary for a mercenary soldier, according to the University of Michigan. Those were known as Persian silver sigloi, 20 of which would equate to one gold coin. Because of the gold coin’s high value, “it was far more efficient to store wealth in gold coins than in silver,” he added.
Persons: ”, Christopher Ratté, “, Alexander the, Persian King Darius, Peter van Alfen, ” van Alfen, Ratté, van Alfen, Herodotus Organizations: CNN, University of Michigan, American Numismatic Society, Spartan Locations: Turkey, Persian, Persia
☆ Why it's time to start paying with $2 bills
  + stars: | 2022-09-17 | by ( Nathaniel Meyersohn | Cnn Business | ) edition.cnn.com   time to read: +7 min
So wouldn't it make more sense to start paying with $2 bills instead? BEP doesn't have to request new $2 bills each year, like it does for other bills. Bad luckThe United States first issued $2 bills beginning in 1862, around the time the federal government first started printing paper money. It's also more efficient to print $2 bills than $1 bills because the Treasury can print twice as much for the same amount of money and requires less storage. In short, he concludes, $2 bills are underappreciated in the United States and a way for strangers to meet and engage.
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