4 ms·
Remember that issuing coins was one way to demonstrate that you really were the sovereign, also. So getting a bunch of gold together and minting some coins was
by shrubble 3y ago
Remember that issuing coins was one way to demonstrate that you really were the sovereign, also. So getting a bunch of gold together and minting some coins was good for "show of authority" and marketing purposes.
- 0xDEAFBEAD 3y agoPlus if you run into financial trouble, you can debase the currency for a while before people catch on. I think somewhere I read that this eventually happened to most ancient-world currencies, except the Venetian currency (Venice being run by merchants).