The Seleucids

Arthur Houghton

in The Oxford Handbook of Greek and Roman Coinage

Published in print February 2012 | ISBN: 9780195305746
Published online November 2012 | | DOI:

Series: Oxford Handbooks

 The Seleucids

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Early Seleucid monetary policy evolved unevenly as the Seleucid state, where the use of coined money was a relatively recent introduction, focused its efforts on military requirements, city building, and public works. From its earliest years, Seleucid monetary authorities in both eastern and western regions of the kingdom maintained an open financial system in which all currencies were the same. The system allowed the Seleucid state to use standard tetradrachms of any origin for internal payments, including tax revenue payments or payments by Seleucid authorities for military purposes. In time, as Seleucid territorial expansion slowed and state administrative behavior became more regularized, a greater degree of systematization and regularity in monetary decision making came into effect. The second century witnessed a number of changes in Seleucid mint administration, such as the use and placement of symbols and controls, and the expansion and later extinction of dated coinage in northern Syria.

Keywords: Seleucid; monetary policy; currencies; systematization; dated coinage

Article.  5927 words. 

Subjects: Classical Studies ; Ancient Greek History

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