com is now providing daily gold market and gold coin market commentary and updates. Please check in regularly to find the latest developments in gold and gold coins. Thursday, July 20, 2017. What was the first coin? Where was it minted? Legend has it that coinage was invented by the Lydians. Croesus certainly minted the first bimetallic coinage with gold and silver staters of about 10.

The history of gold coinage is the history of world political power. Since Croesus of Lydia, gold coins have both symbolized and actualized political and mililtary might. These coins have been chosen not only for beauty and state of preservation, but also because they can be read as informative historical documents. Gold is durable, not like wheat, divisible, not like diamonds, convenien.

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