#currency*

[theancientwayoflife]

~ Tetradrachm of Kingdom of Parthia with bust of Orodes II.

Culture: Greek

Period: Late Hellenistic Period

Date: 57–37 B.C.

Mint: Kingdom of Parthia

Place of origin: Seleukeia-on-the-Tigris (Babylonia)

Medium: Silver

[reality-detective]

Tongue-tied no doubt, but it's clearly wrong what the government does. 🤔

[hoodkidmadcity]

[animatedglittergraphics-n-more]

requested by anon

[caleod]

6-6-24

[deadpresidents]

I'm always a fan of Caity Weaver's work, but this piece from the New York Times Magazine (these links are gift links from me past the NYT paywall to access the full article) about how the penny is not only a ridiculous zombie currency, but also a reflection of American dysfunction is one of the best articles I've read in a long time. It's really interesting, especially the parts about production, circulation, and the ultimate paralysis of throwing them in a coin jar for months or years before eventually taking them to a Coinstar machine.

Not only is the penny useless and more expensive to make than it is actually worth, but it's also relatively easy to eliminate. But it's not an imperative and eliminating it also wouldn't necessarily be something that the government or the citizens would actively profit from. And people don't like change -- and I don't mean "change" as in currency, but the act of doing something different or unusual from our accepted routines. So we just ignore them or discard them or hoard them needlessly, and the government keeps making billions of tons (literally) of them because they drop out of circulation. Nobody cares and nobody wants to have to do anything about it because America.

Here's a little excerpt of the piece from the New York Times Magazine, and again, just follow the links for a free gift pass behind the paywall for Caity's full article:

Americans accumulate pennies not because we desire them but because we are entitled to them. If we pay for something in cash with more than exact change, we expect to receive back the difference; if the difference ends in any number other than 0 or 5, we will receive at least one penny. We are entitled to pennies because they exist. But imagine a world where they didn't. Imagine a world where it was Canada. Many Americans will be surprised to learn that Canada eliminated its 1-cent coin more than a decade ago...Canada got rid of its penny in 2013 because it cost 1.6 cents to produce and had, like its American cousin, become essentially worthless. Here is the most important detail to understand: Canada eliminated only its physical coin, not the mathematical concept of 1 cent. Payment by credit card, debit card, mobile phone or check -- any kind of noncash transaction -- is calculated exactly as it was before the penny was abolished. If, after tax, a bill comes to, say, $20.11, a Canadian paying by credit card will be charged $20.11. A Canadian paying by cash can expect to pay $20.10. The final digit of Canadian cash transactions is rounded to the nearest nickel: 1 and 2, nearest to 0 nickels, round down to 0; 3 and 4 round up to a nickel -- 5; 6 and 7, also nearest to one nickel, round down -- 5 again; 8 and 9, nearest to 10 cents, round up. I admit that the thought I might be asked to pay, say $3.80 (cash) for something that, according to the laws of God and man, has been calculated to cost $3.79 (cash) is not only reflexively infuriating to me but a potential source of permanent confusion. The Canadian government mitigated one of those problems (no hope for the other) with an information campaign that included signs with simple charts dividing potential prices into two columns: "Round down" and "Round up." I asked Karl Littler from the Retail Council of Canada if there were still signs at cash registers explaining the rounding. "It's 10 years now, so even the most obtuse people have pretty much figured it out," he said, and laughed.

-- Caity Weaver: "America Must Free Itself from the Tyranny of the Penny", the New York Times Magazine

[llocket]

✧ 　money pngs

f2u! reblogs very appreciated! ↳ self indulgent!!

this is more money than i'll ever have

[jupijitter]

Dr. Doofenshmirtz Doofanian Nickel

[nazrigar]

Mermay 2024: Merfolk Currency and Tidbits of the World of Urvara

This Mermay has a lot less content than usual as this was a MAJOR May event, with a lot of artwork to do for patrons, but I still managed to hash out some stuff for Mermay worldbuilding!

Primarilly, it's all about currency, because I always wanted to explore littler details like "what would Merfolk exchange with one another besides bartering?"

For the singular images, one focuses on the Sea Lord, specifically his final opponent. The Titan, a Titanichthys merman that was considered THE force of nature to beat.

The other focuses on freshwater refugees, as river systems and lakes become landlubber territory, and thus harder to keep hidden. A giant stingray mermaid may be the biggest fish in her old homeland, but she is still dwarfed by the likes of say, a Mer-Manta man. While "Greenwater" folk are immune to the deadlier aspects of moving from fresh to saltwater in comparison to their wild animal counterparts, it's a long and resource intensive acclimation process.

[thatsbelievable]

[theancientwayoflife]

~ Stater of Phalasarna with head of Artemis.

Culture: Greek

Period: Late Classical Period

Date: 350 B.C.

Mint: Crete, Phalasarna

Medium: Silver

[reality-detective]

[clearpathscounseling]

HOW CURRENCIES GOT THEIR NAMES 🤑💰💸

Credit to etymologynerd [Instagram]

[baebeylik]

Ethiopian coin depicting King Endubis of Axum. The ruling elite of Ethiopia at this time were typically bilingual capable of understanding both Greek and Ethiopic(Ge’ez). He reigned from 270 to 300 CE.

[noticiasarquelogicasjaponesas]

Sean bienvenidos japonesasarqueológicos a una nueva entrega arqueológica, en esta ocasión hablaremos de la primera moneda japonesa atrás vez de los restos Arqueológicos y de evidencias históricas dicho esto pónganse cómodos que empezamos. - ¿Cuándo surge la moneda en Japón? La primera moneda, oficialmente nace en el año 708 d.c llamada Wadokaichin, mientras tanto que en otros continentes del mundo como china o en el próximo oriente ya se habían creado la moneda y los primeros sistemas monetarios. ¿Qué había antes del 708 d.c? Pues había dos protomonedas una en el año 660 d.c. otra en el año 683, habían tomado como modelo la moneda china de 621 d.c - ¿Cómo se llamaban las dos monedas anteriores al siglo VIII d.c? Fuhonsen data del año 683 d.c y fue descubierta en 1998 Mumonginsen datada del año 660 d.c - La moneda Mumonginsen coincide con la leyenda de la fundación del estado japonés por el primer emperador Jinmu Tennō, según la historiografía moderna lo consideran un personaje ficticio hay que tener en cuenta que toda leyenda tiene una base real. - ¿Qué emperadores podemos encontrar en esta cronología según la historiografía y los restos arqueológicos? Los emperadores eran Tenji y Tenmu tennō. ¿Dónde fueron encontradas dichas monedas? fueron halladas en las ruinas de Asukaile en la prefectura de Nara en el pueblo de Asuka. - ¿Conocían estas monedas?¿Qué opinan ustedes al respecto? Espero que os haya gustado y nos vemos en la próxima publicación de arqueología nipona. - 日本の考古学者は新しい考古学の記事を歓迎します。今回は、考古学的遺跡や歴史的証拠の代わりに、最初の日本のコインについて話します。 - 日本ではいつ通貨が出現しますか？最初の通貨は、和同開珀と呼ばれる西暦708年に正式に誕生しましたが、中国や中東などの世界の他の大陸では、通貨と最初の通貨制度がすでに作成されていました。西暦708年以前は何がありましたか？ええと、2つのプロトコインがありました。1つは西暦660年にありました。別の683年に、彼らは621ADの中国の硬貨をモデルとして採用しました。 .- 8世紀以前の2枚の硬貨は何と呼ばれていましたか？ 富本銭は西暦683年にさかのぼり、1998年に発見されました。 西暦660年のムモンギンセン ムモンギンセンの硬貨は、初代神武天皇による日本国家の建国の伝説と一致しており、現代の歴史学によれば、彼は架空の人物であると考えられており、すべての伝説には本当の根拠があることを考慮に入れる必要があります。 - 歴史学と考古学的遺跡によると、この年代学でどの皇帝を見つけることができますか？天武天皇は天武天皇と天武天皇でした。これらのコインはどこで見つかりましたか？奈良県のあすか町のあすかいれ廃墟で発見されました。 - これらのコインを知っていましたか？それについてどう思いますか？あなたがそれを気に入って、次の日本の考古学の出版物であなたに会えることを願っています。 - Japanese archaeologists are welcome to a new archaeological installment, this time we will talk about the first Japanese coin back instead of the Archaeological remains and historical evidence, having said that, make yourself comfortable, we begin. - When does currency emerge in Japan? The first currency was officially born in the year 708 AD called Wadokaichin, meanwhile in other continents of the world such as China or the Middle East the currency and the first monetary systems had already been created. What was there before 708 AD? Well, there were two proto-coins, one in the year 660 AD. another in the year 683, they had taken as a model the Chinese coin of 621 AD .- What were the two coins before the 8th century AD called? Fuhonsen dates back to 683 AD and was discovered in 1998. Mumonginsen dated to 660 AD The Mumonginsen coin coincides with the legend of the foundation of the Japanese state by the first emperor Jinmu Tennō, according to modern historiography they consider him a fictitious character, it must be taken into account that all legends have a real basis. - Which emperors can we find in this chronology according to historiography and archaeological remains? The emperors were Tenji and Tenmu tennō. Where were these coins found? They were found in the Asukaile Ruins in Nara Prefecture in the town of Asuka. - Did you know these coins? What do you think about it? I hope you liked it and see you in the next Japanese archeology publication.

[adam-trademark]

All About the Benjamins

(September 21, 2023)