PARTS OF A COIN.

The front or face of a coin is called the _obverse_. Obv.

The back is called the _reverse_. Rev.

The principal device or object represented on a coin is called the

_type_.

The area or space between the type and the circumference is called the

_field_.

The lower portion of the area of a coin beneath the type and separated

from the rest of the field by a horizontal line is called the

_exergue_. Ex.

Small objects represented either in the field or the exergue as

adjuncts to the main type are called _symbols_.

Portions of a coin which are sunk below the level of the surface are

said to be _incuse_.

§ OF THE TYPES OF GREEK COINS.

The types of Greek coins were from the earliest times down to the age

of the successors of Alexander almost exclusively religious. The reason

for this is not far to seek. In an age of simple faith the head of a

god upon the coin was the best of all guarantees for purity of metal

and good weight. The gods were, so to speak, invoked by the State to

vouch for the good quality of its currency, in the same way as State

decrees often began with the formula “_In the name of the gods_.” There

is, moreover, some reason to think that the earliest coins were struck

within the sacred precincts of the Temple treasuries, as being holy

places, secure from plunder and inviolable.

In the most ancient period the principal or obverse type is generally

some animal or object sacred to or emblematical of that god whose

worship was prevalent in the city in which the coin was issued.

Subsequently the head of the deity himself was usually placed upon the

obverse of the coin, while the reverse side was occupied by the object

emblematical of his worship. Frequently, too, the head of one principal

deity appears upon the obverse, and, either the entire figure or the

emblem of some other, generally local divinity, on the reverse.

The chief exceptions to the above rule are the so-called _agonistic

types_, or types referring to the games such as the victorious quadriga

on the money of various Sicilian cities. These types are commemorative

in a general way of victories in the Olympian or other local games, but

it is hardly ever possible to refer them to any particular victory.

Victories in war and political revolutions are never directly referred

to on Greek coins, although the unintentional records of such events

may often be traced in a sudden change of coin-types. Thus, for

instance, at Syracuse when the Corinthians succeeded in liberating

that city from the tyranny of the Dionysian dynasty, the coinage of

Syracuse is for a time assimilated to that of Corinth; a still clearer

indication of restored freedom at the same time (B.C. 345) being seen

in the first introduction of the head of Zeus “the Liberator” upon the

coins of Syracuse.

All through the history of free and independent Greece, the original

idea of the religious character of the coinage may be traced. The

coinage was everywhere placed under the auspices of the gods, and

gods, heroes, and their emblems, were alone considered worthy to be

represented upon it. No tyrant, however despotic, not even the great

Dionysius of Syracuse, would have dreamed of placing his own head upon

the coinage of the State. Even Philip of Macedon, when he had united in

his single hand the whole of Northern Greece, and when he reorganized

the coinage of his empire on a new model, placed on his gold money the

head of Apollo and on his silver that of Zeus.

It was reserved for the successors of Alexander the Great, when

the political centre of the Greek world was no longer to be found

in Greece itself, but in the various capitals of the powerful

semi-oriental monarchies which arose out of the ruins of the Persian

empire--Alexandria, Antioch, etc.--it was reserved for these

self-constituted kings and their descendants to substitute their own

heads for those of the gods.

Such an innovation as this, such a complete upsetting of the ancient

deeply rooted idea of the connection between the gods and the coinage

could not be introduced all at once. It had to be effected by degrees.

Alexander the Great even in his lifetime gave himself out as the son

of Zeus Ammon, and after his death the idea of his divinity gained

ground year by year. The first step towards the new fashion of placing

the king’s head upon the coinage was made by Lysimachus of Thrace, who

introduced on his money the portrait of the deified Alexander in the

character of the son of Ammon with the ram’s horn over the ear.

Ptolemy Soter, king of Egypt, the first of the dynasty which ruled

Egypt for two centuries and a half after the death of Alexander, was

the first monarch who placed his own head upon his coins. By slow

degrees his example was followed, first in Asia and finally in Europe,

where Philip V. of Macedon, B.C. 220, was the first king whose portrait

in the character of a mortal, and not disguised as a demi-god, appears

upon the coinage.

The influence of the old religious beliefs nevertheless maintained so

firm a hold on men’s minds that the reverses of Greek coins continued

to bear sacred types throughout the Roman Imperial period; and even on

the money of the Byzantine emperors when Christianity had become the

State religion, the figures of Christ and the Virgin, or the sign of

the Cross, still bear witness that the same religious sanction in a new

form continued to be invoked for the coin of the realm.

§ THE GODS AS REPRESENTED ON THE

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