Money in Ptolemaic Egypt: From the Macedonian Conquest to the End of the Third Century BC | 
| Author: Sitta Von Reden
Publisher: Cambridge University Press
Category: Book
List Price: $110.00
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Sales Rank: 1812982
Media: Hardcover
Edition: 1
Number Of Items: 1
Pages: 378
Shipping Weight (lbs): 1.6
Dimensions (in): 9.1 x 6.2 x 1.3
ISBN: 0521852641
Dewey Decimal Number: 932
EAN: 9780521852647
ASIN: 0521852641
Publication Date: January 14, 2008
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Condition: Brand new Book ,ALL days Low Price !
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Product Description
First book to explore the impact of Alexander the Great's introduction of coined money on the economy and society of Egypt and its political implications for the formation of the Ptolemaic state. It argues that the introduction of coinage happened slowly, spreading gradually from Alexandria into the chora. Under Ptolemy II, however, Egypt was aggressively monetised. Using both numismatic and papyrological evidence, the workings of a rural monetary economy are reconstructed where coinage was in high demand but short supply. It is argued that by the middle of the third century BC Egypt was much more thoroughly monetised than is usually assumed, but that the degree of monetisation was sustained only by an extensive credit economy as well as ad hoc commutation of monetary payments into kind. Contextualising the complexities of credit and banking in rural Egypt, the book offers a new picture of their function in the ancient economy.
Book Description
When Alexander the Great conquered Egypt he introduced coinage into a country whose economy had worked without it for millennia. This book explores the impact of the gradual adoption of this coinage, and reveals how some places were completely monetised by the middle of the third century BC.
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