Phoenician coinage

Phoenician coinage emerged around the 5th century BCE as a key development in trade and commerce. The Phoenicians, skilled seafarers and traders from the region of modern Lebanon, introduced coins made from precious metals like silver and gold, which featured symbols or images representing their city-states and deities. This standardized form of currency facilitated trade across the Mediterranean, enhancing economic interactions. Phoenician coins also influenced other cultures, paving the way for wider acceptance of coinage in the ancient world and contributing to the evolution of monetary systems.