A cow would cost somewhere between 25 and 51 drachmas and we have examples of the prices of slaves from an auction of a man's property: a slave child from Caria (in present-day Turkey) cost 75 drachmas, a woman from Thrace (present-day north-eastern Greece, north-western Turkey and southern Bulgaria) cost 135 and a man from Syria cost 301. Another way of thinking about the labor equivalent of ancient coins is soldiers pay one of the most important items in the budget of ancient empires. ( n.) A gold and silver coin of modern Greece worth 19.3 cents. When did the euro replace the drachma in Greece? Home | About | Contact | Copyright | Report Content | Privacy | Cookie Policy | Terms & Conditions | Sitemap. A hoard of over 150 rod-shaped obeloi was uncovered at Heraion of Argos in Peloponnese. The drachma was the Greek monetary unit, during Antiquity, but also before the arrival of the euro from 1831 to 2000. Coins dated 1993 are available only in sets, not in circulation. The drachma was first used in Aegina after 600 BCE, and it spread throughout Greece. Money and Measures in Ancient Greece. Clothing was costly. These cookies will be stored in your browser only with your consent. Now consider a modern soldiers pay. We have broken up our dollar into 4 pieces4 quarters equal 1 dollar or 4 dollars are just four dollars. Our online exchange service is quick, easy, secure and free of charge. The reverse is featured on the national side of the modern Greek 1 euro coin. It was originally set at 1/6 drachma by Pericles, until, Cf. Save my name, email, and website in this browser for the next time I comment. How much money will you need for your trip to Greece? What is the Best Melee Weapon in Minecraft Dungeons? Do Men Still Wear Button Holes At Weddings? The early drachma had different weights in different regions. 1 Athenian Talent at the higher ratio would have 24.3 kg pure silver or 27.0 kg at face weight. Professor Holt repeatedly uses a ratio of 10:1 in his book. . The economic depression of the 1920s affected many nations around the globe, including Greece. In our world, a small and diminishing number of farmers can each feed themselves and over 50 others[8]. He takes part in the rise of the kingdom from the IVth century and extends its domination on continental Greece. In an effort to halt the inflation, Greece joined the Bretton Woods system in 1953. The first coins were minted in central Greece (Aegina, Athens and Corinth), in the north and on the island of Siphnos. What Disney Collectibles Are Most Valuable? You won't receive this rate when sending money. Drachma is the currency that was in use in Ancient Greece for over 10 centuries. Below are the denominations of Ancient Greek coins: Dekadrachm: were worth 10 drachmae, weighing 43 grams. Elites used gold coins for purchases of luxury goods, property, and slaves. The Bank of Greece issued notes from 1928 until 2001, when Greece joined the Euro. The duration of the workday varied seasonally, according to the available daylight. We also use third-party cookies that help us analyze and understand how you use this website. Six of them are displayed at the Numismatic Museum of Athens. Previous - Greek old coins. Is Greek drachma worth . The drachma is considered the most important currency of the time. The most famous is undoubtedly the Athenian drachma with the effigy of the goddess Athena on the obverse and an owl with an olive branch on the reverse. Fractions and multiples of the drachma were minted by many states, most notably in Ptolemaic Egypt, which minted large coins in gold, silver and bronze. (Very small numbers of 50 and 100 coins in gold were also issued.). Republic of Greece (Greek military junta) (1973-1974) Drachma=100 lepta 20 drachma 1973 copper-nickel 20 X / 1973 Coin value - $1-2 . Greece is officially a secular state. One drachma was worth around 25 U.S. dollars in the 5th century BC. On 11 November 1944, following the liberation of Greece from Nazi Germany, old drachma were exchanged for new ones at the rate of 50,000,000,000 to 1. In time, silver coins of one drachma and its multiples were debased, and progressively higher proportions of copper were admixed. Athens and Corinth soon followed Aegina's lead. During that time, the government issued denominations of 10 & 50 lepta, and 1, 2 & 5. How much was an ancient drachma worth? Oxford (2008). Discover regularly ancient drachmas on our shop. This design included a soldier standing in front of the flames of the rising phoenix and the date of the coup d'tat, April 21, 1967. The drachma coin weighed 4.5g and contained 90% silver, with the 20 coin containing 5.8g of gold. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. The cookie is used to store the user consent for the cookies in the category "Analytics". Articles from Britannica Encyclopedias for elementary and high school students. I dont think so. It was truly the first international currency and circulated throughout Europe and Asia. A serving of table wine cost 1/16 of a denarius, while vintage wine cost 1/4 denarius. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. 2. With this in mind, he borrowed a large sum of money to put on games, festivals, and other events for the people. The new coinage issued consisted of copper coins of 1, 2, 5 and 10, with the 5 and 10 coins bearing the names obolos () and diobolon (), respectively; silver coins of 20 and 50, 1, 2 and 5 and gold coins of 5, 10 and 20. The first Greek coins appeared in Aegina c. 600 BCE (or even earlier) which were silver and used a turtle as a symbol of the city's prosperity based on maritime trade. [9] A hoplite was expected to provide his own armor and weapons, at a cost of 300 to 500 drachmai, but if he survived these would last for many years. Drachmas are part of the coinage that gave birth to all modern currencies and the original coin stemmed from the monetary system of Ancient Greece that was developed from 800BC. 1992 100 Drachmas Greek Coin Alexander The Great and The Vergina Star Rare $50.00 Free shipping or Best Offer Greece Gold Brass Drachma Coin - greek owl 1973 vintage authentic - NEAR MINT $9.99 $4.99 shipping Greece 2 Drachmai 1973 UNC World Coin Greek Owl Phoenix Bird Pendant 24k gp $14.99 0 bids $4.80 shipping 6d 14h The (National Central Bank of Greece) exchanged drachma coins until 1 March 2004 and drachma banknotes until 1 March 2012. Check send rates. A skilled worker in Athens or a hoplite could earn about one drachma a day. Minted but rarely used. Sculptors and doctors were able to make up to six drachmae daily. He orders to strike the obverse of the ancient drachmas with the portrait of Zeus and its own portrait with a horse on the reverse or a young naked rider with the insignia of the victory. According to a study undertaken by Bloomberg, drachmas worth an estimated 477.9 million are still safely tucked away all over Greece never to be . For more information, see our data protection policy. Harris, ed. The drachma was one of the world's earliest . Computed as an annual salary, this represents about 1,540 grams of silver or, converted into gold at the typical ancient 15:1 rate, 103 g of gold (about three-and-a-third troy ounces). Did we value a low level employee more in 1944 than we do today? This manipulation enriches for wealthiest 1% along with the banks, as the working man in the US is beggared. Laborers earned 25 d.c. per day. These are worth $10 to $20. You get: 0.00 900. The 20 Drachma is a romantic addition to any coin collection and contains the old-world standard of coin manufacturing, boasting a .900 grade . Those Morgan dollars today based on silver content alone would be worth $11 each. The first coinage consisted of copper denominations of 1, 2, 5 and 10, silver denominations of 14, 12, 1 and 5 and a gold coin of 20. One of the most important mistakes Brutus makes is refusing to kill Marc Antony, even though this could have saved him from other missteps. Roman soldiers were paid 225 denarii per year, beginning in the first century BCE and continuing until the reign of the emperor Domitian (ruled 81-96 CE), who raised the rate to 300 denarii. Before his death, he planned to build a grand temple dedicated to Mars and a library that would rival Alexandria and Pompey. Usually, prices were rounded up to the next multiple of 10 drachmae. It is mentioned in Greek mythology, in the New Testament and in the Koran. At Leftover Currency we specialize in the exchange of obsolete currencies, like the Greek Drachma. California (1973), Graser, E.R., A text and translation of the Edict of Diocletian, An Economic Survey of Ancient Rome Volume V: Rome and Italy of the Empire (1st ed.). "The drachma would be catastrophic," says Dimitris Dimonopoulos, the 43-year-old owner of Souvlaki Bar, a restaurant near the Ancient Agora in central Athens. How much is 75 drachmas worth today? When Greece finally achieved its independence from the Ottoman Empire in 1828, the phoenix was introduced as the monetary unit; its use was short-lived, however, and in 1832 the phoenix was replaced by the drachma, adorned with the image of King Otto, who reigned as modern Greeces first king from 1832 to 1862. First in silver, then in bronze, it is divided into eight chalkos or twelve depending on the region of Greece. Reddit and its partners use cookies and similar technologies to provide you with a better experience. In the fourth century BCE, Greek hoplites (armored infantry) typically received a drachma per day (sometimes supplemented by another drachma to pay for a servant while on campaign)[9]. DRACHMA Mt 15:8 "The drachma is an unusual coin of Christ's time. Location 1797 says guests at a banquet could eat 160 drachma of food which was 80 days pay for a mercenary of the day. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? 10 leptas from 1912 and 2 drachma from 1973), but also in Finland (e.g. The Romans were very proud of their drachmas. It does not work to use the current value of silver or gold to back into the value of the currency in Alexanders time. But opting out of some of these cookies may affect your browsing experience. Ancient finances, the Alexander the Great chapter. drachmae or drachmas) was the currency used in Greece during several periods in its history: The name drachma is derived from the verb (drssomai, "(I) grasp"). The origin lies in the Greek word 'dragma', meaning 'handful', pointing to a handful of 'obols', equal to one-sixth of a drachma. It's a site that collects all the most frequently asked questions and answers, so you don't have to spend hours on searching anywhere else. The ancient drachma was mainly minted in silver, some of them were produced in bronze later, in the 4th century BC, but they did not circulate for long. Taking that place would require great skill at judging material quality and at designing and creating armor and weapons superior to all! In that time, one drachma would be around one days wages for a skilled worker or a hoplite. [20] The third drachma assumed a fixed exchange rate of 30 per dollar until 20 October 1973: over the next 25 years, the official exchange rate gradually declined, reaching 400 drachmae per dollar. In the holy land, an amphora of olive oil from Galilee cost one denarius. Sculptors and doctors were able to make up to six drachmae daily. The drachma was an ancient Greek unit of currency that had roughly the same value as 25 U.S. dollars in the 5th century BC. The mayor would get around 1 drachma, the judge would get 3 oboloi and finally if you were a member of the parliament, then you would land up getting around 1 drachma too. It was replaced with the Euro on January 1, 2002. The notes were then cut in half, with the portion bearing the Greek crown standing in for the bonds while the other half was exchanged for a new issue of central bank notes at half the original value. A 20-drachma gold coin contained 5.8 g of gold. In the ancient world, most workers were farmers and they struggled to feed themselves and a few others. On 1 April 1922, the government decreed that half of all bank notes had to be surrendered and exchanged for 6.5% bonds. Lets work with 4.5 g and ignore variations from city to city. The golden stater was worth two drachmas of gold or twenty drachmas of silver. a unified approach to interpreting model predictions lundberg lee. Lets take a look at the value of the drachma and how it was used by Julius Caesar. How much was a drachma worth in Caesar's time? The coin in the fishs mouth is generally seen as a symbolic act or sign, but there is little agreement concerning what it signifies. It is usually thought to be a Tyrian shekel. Thats $39,600 per year in todays money, hardly a low level working mans salary in most areas in the US! drachma, silver coin of ancient Greece, dating from about the mid-6th century bc, and the former monetary unit of modern Greece. He aimed to reach the highest levels of the government. [1] The Monetary Systems of the Greeks and Romans. A Roman weight talent in ancient times is equivalent to 100 librae; a libra is exactly three quarters of an Attic weight mina, so a Roman talent is 113 Attic talents and hence approximately 32.3 kg (71 lb 3 oz). 1000 and 500 tugrik from 2005), the Cook Islands (e . The emperor Julius Caesar left every Roman citizen 75 drachmas in his will. These cookies do not store any personal information. The drachma was Greeces national currency from 1833 to 1 January 2002, when euro banknotes and coins were put into circulation in Greece, at the same time as in the other euro area countries. It represented 90% of the total population in 2015 and is constitutionally recognized as the prevailing religion of Greece. While he has the best intentions, he fails in many ways. Brutus actions are disastrous for Rome, but he also fumbles over his choices. The Roman drachma is based on the ancient Greek drachma. Required fields are marked *. The drachma (Greek: Modern: , Ancient: [drakm]; pl. His parents were not wealthy by Roman standards, but they did have some wealth. 3. But, fate had other plans for him. Wikipedia has some information about the Greek drachma which seems plausible. The drachma was one of the worlds earliest coins. In 1894, cupro-nickel 5, 10 and 20 coins were introduced. W.V. Privacy Policy. For the Roman successors of the drachma, see Roman provincial coins. During this time, he gained valuable knowledge about Roman law, the role of a senator, and public speaking. a one-foot cube.. Women in Greece. This cookie is set by GDPR Cookie Consent plugin. Image: Courtesy of Flickr by Carole Raddato. In Caesars will, he gives seventy-five drachmas to every Roman citizen and bequeaths his private gardens and newly planted orchards on both sides of the Tiber River to the public. An obol is an ancient Greek coin that has one-sixth the value of a drachma . How much are drachma coins worth? GRD /USD. Wheat sold for 100 d.c. per modius (a measuring bucket that held about eight liters or two gallons, enough to make 20 one-pound loaves of bread) Meat was sold by the Roman pound or libra of 12 ounces (326 grams): pork and lamb for 12 d.c.; beef for 8; high-quality saltwater fish for 25; chicken (a luxury!) A 50-drachma coin minted in 1876 just sold for the record price of 162,000 euros at an auction in Switzerland. The drachma was used by the gods as a means of exchange. Between 1926 and 1930, a new coinage was introduced for the new Hellenic Republic, consisting of cupro-nickel coins in denominations of 20, 50, 1, and 2; nickel coins of 5; and silver coins of 10 and 20. However, some historians have estimated that in the 5th century BC a drachma had a rough value of 25 U.S. dollars (in the year 1990 - equivalent to 40 USD in 2006). By clicking Accept All, you consent to the use of ALL the cookies. the minimum on Tuesday, 27 September 2022. Did the Romans use the drachma? A lawyer could charge 1,000 for pleading a case. wiki has a closer estimate of $3487.5 USD-2015. Roman linear measures were based on the Roman standard foot (pes). However, some historians and economists have estimated that in the 5th century BCE a drachma had a rough value of 25 USD in the year 1990, 38 USD in 2006 & 40.68 USD in 2008. An ancient Greek currency unit issued by many Greek city states during a period of ten centuries, from the Archaic period throughout the Classical period, the Hellenistic period up to the Roman period under Greek Imperial Coinage. for 60. At the time, citizens expected quality entertainment. It was replaced with the Euro (EUR) on January 1, 2001. The drachma . Silver coin typically circulated for the payment of wages, and bronze token coinage circulated for the purchase of daily necessities. from CoinWeek Supplies for 25% off Cover Price. The cookie is used to store the user consent for the cookies in the category "Other. The drachma was one of the world's earliest coins. Entdecke GRIECHENLAND 1 DRACHME 1911 SILBER B46 #K3481 in groer Auswahl Vergleichen Angebote und Preise Online kaufen bei eBay Kostenlose Lieferung fr viele Artikel! The Greek Drachma is divided into 100 lepta. But what were these drachmas worth then? For more information, please see our Gold Double louis d'or a la tte nue - 1786 K Bordeaux, Louis XVI - Ecu 6 Livres Franoise - 1793 A Paris - Countermark 40 Batzen - PCGS VG 10, Gold Aureus - Roma - NGC XF strike 5/5 - surface 1/5, Gold Double Excellente - Ferdinand and Isabel - Sevilla NGC AU 55. A good rough number for today would be 70:1. They were often depicted in the Bible. The euro banknotes and coins were introduced in Greece on 1 January 2002, after a transitional period of one year when the euro was the official currency but only existed as book money. [7] Ancient laborers probably worked more than an eight-hour day. A way to pay tribute to the history of Greece, to its past and to the first world coin used on the European continent. Gradually, coins became the main payment methods throughout mainland Greece. Index World coins Europe Greece. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2023 Ancient Finances. Drachma, silver coin of ancient Greece, dating from about the mid-6th century bc, and the former monetary unit of modern Greece. The diversity of the ancient drachma is all the more important in numismatics as each city minted its own monetary series with its symbol. spelling variant is also attested. The currency of ancient Greece was the drachma, which is why its important to know the current exchange rates of the two currencies. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. According to another, a coin is a token whose value depends entirely on peoples willingness to accept it in exchange for other items. https://en.wikipedia.org/wiki/Edict_on_Maximum_Prices, http://ancientcoinsforeducation.org/content/view/79/98/, Unique and Unusual Coins French Colonial Regulated Gold with Countermarks, BEP and US Mint Merge E-Commerce for Better Customer Experience, Lesser Known History of the US Mint in Saudi Gold and Other Tales, Bitcoins and Physical Cryptocurrency in Stacks Bowers Auction. A 20-drachma gold coin contained 5.8 g of gold. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. What Was Money in Ancient Greece?, The Monetary Systems of the Greeks and Romans. Divide that by 20 gives 0.266 g of pure gold for 1 drachma. But Solon, the leader of Athens at the beginning of the sixth century B.C., ordered the minting of 6,300 one-drachma coins from each talent of silver, an instant profit of 5 percent. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. The birth of coinage in wider Greece, though, was not really an invention of convenience but a necessity, driven by the need to . Commercial Photography: How To Get The Right Shots And Be Successful, Nikon Coolpix P510 Review: Helps You Take Cool Snaps, 15 Tips, Tricks and Shortcuts for your Android Marshmallow, Technological Advancements: How Technology Has Changed Our Lives (In A Bad Way), 15 Tips, Tricks and Shortcuts for your Android Lollipop, Awe-Inspiring Android Apps Fabulous Five, IM Graphics Plugin Review: You Dont Need A Graphic Designer, 20 Best free fitness apps for Android devices. He also let Antony speak at the funeral of Caesar, which inspired the crowd to turn against the conspirators. At a wage of $20 USD/hr that is approximately $12,000 USD. Drachmas were issued in the 5th century BC. A range of Drachma coins issued by Greece. A skilled worker in Athens or a hoplite could earn about one drachma a day. Bottom row, left to right: 100 coin, 500 coin. Im comfortable using an additional comparison of half a drachma as poor living for a poor family. The Arabic unit of currency known as dirham (Arabic: ), known from pre-Islamic times and afterwards, inherited its name from the drachma or didrachm (, 2 drachmae); the dirham is still the name of the official currencies of Morocco and the United Arab Emirates. . The ancient drachma: history and value Archaeological researches place the appearance of the drachma around 550 BC. I want to sold my only one historical coin According to one concept, a coin is a piece of precious metal whose value is essentially equivalent to the value of the bullion from which it was made, and the stamp on its face is merely a guarantee that it has (or had when minted) a particular weight and purity. How much was a drachma worth in ancient Greece? You also have the option to opt-out of these cookies. You won't receive this rate when sending money. Oxford (2008). . The reverse of all coins was altered in 1971 to reflect the military junta which was in power from 1967 to 1974. Among the Greek cities that used the drachma were: Abdera, Abydos, Alexandria, Aetna, Antioch, Athens, Chios, Cyzicus, Corinth, Ephesus, Eretria, Gela, Catana, Kos, Maronia, Naxos, Pella, Pergamum, Rhegion, Salamis, Smyrni, Sparta, Syracuse, Tarsus, Thasos, Tenedos, Troy and more. That would represent about 972 grams of silver or 64.8 grams of gold (a bit over two troy ounces). Notable Ptolemaic coins included the gold pentadrachm and octadrachm, and silver tetradrachm, decadrachm and pentakaidecadrachm. On January 1, 2001, Greece officially joined the European Economic and Monetary Union, adopting the Euro for all purposes. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". A skilled worker in Athens or a hoplite could earn about one drachma a day. Some historians say that half a drachma per day would be a comfortable subsistence for a poor family. He sees Antony as a limb, and after the death of Caesar, he no longer has any power over his king. They were equal in value to about 25 U.S. dollars in 2006; however, the drachma was worth far more than this. This unit was divided into 16 digits or into 12 inches. This drachma also suffered from high inflation. The government later issued 100, 500, and 1,000-drachma notes, and the Bank of Greece issued 20,000 and 50,000 notes. The first issue of coins minted in 1954 consisted of holed aluminium 5-, 10- and 20-lepton pieces, with 50-lepton, 1, 2 and 5 pieces in cupro-nickel. What does drachma mean in English? 47. ancient coins. The drachma was divided into 100 lepta. The exact exchange value of each was determined by the quantity and quality of the metal, which reflected on the reputation of each mint. $19.20 US silver coins per $1.00 face value Silver coins at $14,787 for $1,000 face, which is $14.78 per $1 face, at 77% silver that is $19.20, 70.5:1 American Eagle to US silver coins. How much was a drachma worth in ancient Greece? He began his education at a young age under a private tutor, Marcus Antonius Gnipho. The first silver obols were minted in Aegina, most likely sometime after 600 BCE. From 1917 to 1920, the Greek government took control of issuing small change notes under Law 991/1917. Convert 1000 Drachmas to Pounds with real time Forex rates based on up-to-the-second interbank exchange rates. It does not store any personal data. On 4/30/16, the Wall Street Journal commodities page shows: Those three ratios are roughly comparable to each other. On the back side of the fifty drachma note are sailing ships, and a male and female sailor operating a canon. How much was an ancient drachma worth? This is for informational purposes only. The New Testament mentions both didrachma and, by implication, tetradrachma in context of the Temple tax. If you are curious and want to follow along, Ill be spending a bit of time looking at some details of ancient finance. What is the religion of Greece? The income at the time for a skilled worker was 1 drachma a day wiki. Ancient economies were largely bimetallic. Gold closed this week at US$1,200 per Troy ounce[4], so a 7.0-gram ancient Greek gold stater from the time of Alexander the Great (died 323 BCE) represents a bullion value of $270.04. The highest-priced item on record is purple silk, reserved for the Imperial household, at 150,000 dc per pound. At a wage of $20 USD/hr that is approximately $12,000 USD. Historical US dollar / Greek drachma History of daily rates USD /GRD since Monday, 31 January 2022. The income at the time for a skilled worker was 1 drachma a day wiki. Which Teeth Are Normally Considered Anodontia. Monday, 27 February 2023. A skilled worker in Athens or a hoplite could earn about one drachma a day. Very interesting, indeed! In the Shakespeare play, Julius Caesar, Brutus makes numerous mistakes. It was the standard unit of silver coinage at most ancient Greek mints, and the name obol was used to describe a coin that was one-sixth of a drachma. The Greek Drachma is the currency in Greece (GR, GRC). I will assume that is 22 carat because I've read pure gold is too malleable to use in coins. Each of them wanted to outdo the others and show their power by minting the most beautiful coinage that would be seen beyond their borders. 2008, Philip Matyszak, Ancient Athens on Five Drachmas a Day (title of the book) [1] A coin worth one drachma. [21], Coins in circulation at the time of the adoption of the euro[22] were, Gold 20 coin depicting king Othon I, 1833, Gold 20 coin depicting king Georgios I, 1876, Gold 50 coin depicting king Georgios I, 1876, 1 coin during the 19731974 military controlled Republic, 1973, 1 coin depicting Konstantinos Kanaris, 1976, 2 coin with a soldier standing in front of a Phoenix. This cookie is set by GDPR Cookie Consent plugin. You also have the option to opt-out of these cookies. (This particular unit was paid in drachmas which was comparable to the denarii) Multiply that by three and he would have earned 641 drachmas in pay for a year.Remember that the pay of the Roman. Modern currency is primarily fiat money[13], with a value determined by the government, while ancient money was largely a commodity money, with values determined by the supply and demand of precious metals. Its fun and healthy to exercise ones mind. It featured the helmeted profile bust of Athena on the obverse (front) and an owl on the reverse (back). We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Silver coins of 1 and 2 were last issued in 1911, and no coins were issued between 1912 and 1922, during which time the Latin Monetary Union collapsed due to World War I. There are two types: the Longacre and the Saint-Gaudens 20 dollars. It didnt work, of course. This site uses cookies to improve your browsing experience. The Armenian dram (Armenian: ) also derives its name from the drachma. Brutus also persuades his conspirators to kill Antony. Harris, ed. ONE OF THE MOST frequently asked questions that classical numismatists encounter is What was this ancient coin worth back then?, A meaningful answer must usually begin: Its complicated. A more complete answer might include It depends.