Metals of Ancient Greek Coins: Study and Enjoy

Coins are small but intricate pieces of history. Ancient Greek coins, in particular, can show the world of the past, capture the values, resources, and artistry of an era that is known now for its beauty, mythology and innovation. Silver, gold, bronze and copper - each metal had its significance and place in ancient Greek society. 

Let us get back to ancient Greece and discover the secrets behind these ancient coins and the metals that defined them. Plus, with today’s tech, learning about these coins is so easy—special foreign coins identification apps now let you identify and explore the history of ancient coins right from your phone!

Why Coins and Metals?

In ancient Greece coins represented the wealth, power and pride of city-states, e.g., Athens, Corinth and Sparta. Each city minted coins with unique designs—an owl, a god, a local hero—that made them recognizable across the Greek world. But beyond the imagery, it was the metals themselves that held meaning. But what are these metals used in ancient Greek coins, and how did each contribute to the ancient currency?

1. Silver (Argentum): The Star Metal of Greek Coins

Silver was by far the most popular metal used in Greek coinage, especially in Athens. The city’s silver mines in Laurium provided Athens with ample resources to mint the famous Athenian tetradrachm, a silver coin that shows the goddess Athena and her symbolic owl.

  • Why Silver?

It was durable, shiny and relatively abundant—qualities that made it great for trade and commerce. Its value was appreciated in many cultures. So, it gave Greek coins an international appeal. This made silver coins practical and prestigious for trade and displaying wealth.

By the way, in ancient Athens, silver coin production was so intense that it sometimes affected the city’s economy. During wartime, for example, Athens used silver reserves to fund their military campaigns.


an ancient Greek silver coin in close-up, with intricate engravings featuring an owl and the goddess Athena.


2. Gold (Aurum): The Metal of Kings and Gods

Silver coins were rather common but gold coins were rare and highly valuable. City-states like Macedon, under rulers like King Philip II and his son Alexander the Great, minted famous gold coins, especially the stater that featured the goddess Nike. Gold coins were not for everyday transactions; they were reserved for significant exchanges, investments, and displays of power.

  • Why Gold?
    Gold is rare, beautiful, and does not tarnish. This permanence symbolized wealth and power. That is why it was perfect for coins meant to represent status and stability. Gold coins were also useful in diplomacy, as rulers often sent them as gifts to form alliances.

Did you know that Alexander the Great’s coins spread far and wide, even after his death? His coins have been found as far as Egypt, Persia, and India. It shows the big reach of his empire and the universal value of gold.

3. Electrum: The Original Alloy of Gold and Silver

Long before silver became the standard for coins, Greeks minted electrum coins—an alloy of gold and silver found naturally in regions like Lydia. Electrum coins are among the oldest known: they date back to the 7th century BCE, and have a characteristic pale, golden color. These coins were typically staters, and they became the foundation for the idea of standardized currency.

  • Why Electrum?
    Electrum offered a practical mix of value and durability. Since it was an alloy of two valuable metals, it was worth more than bronze but cheaper than pure gold. 

The ancient city of Lydia is famous for its electrum coins. It was ruled by King Croesus. His wealth became legendary and gave rise to the saying “rich as Croesus” to describe someone with incredible wealth.

4. Bronze (Aes): The Commoner’s Coin

Bronze was the everyday metal for ancient Greek coins, especially for small denominations. Bronze coins were popular because they were affordable and easy to produce. So, city-states could mint large quantities for common use. In fact, bronze coins were so widespread that they became essential to daily life in ancient Greece, used in markets, bazaars, and small shops, by the way, not only in Greece. 

  • Why Bronze?
    Bronze is an alloy of copper and tin. It is much cheaper than gold or silver. It was perfect for creating coins that did not need to be as valuable but still held a certain level of durability. Bronze coins often featured detailed designs and helped the government ensure that even the common people had access to a standard currency.

Some bronze coins have been found with special protective designs, as they were used in city-wide celebrations. This made it possible to be both currency and collectible souvenirs.

5. Copper (Cuprum): A Rare Yet Essential Coin Metal

Copper was not commonly used in Greek coins, but it occasionally appeared in smaller coins. Unlike gold, silver, or even bronze, copper coins were for the smallest transactions, e.g., buying a loaf of bread or a cup of wine. Copper was accessible and called a “starter currency” for the youth or less wealthy citizens of Greek society.

  • Why Copper?
    Copper was inexpensive and readily available, which made it perfect for the smallest denominations. Copper coins did not carry the same prestige but they allowed everyone in society to participate in commerce. Plus, they were easy to carry and use.

The scarcity of pure copper coins from Greece suggests that they were quickly worn out or replaced by more durable metals, as copper is softer and tarnishes easily.


an ancient Greek copper coin in close-up, showcasing detailed engravings of Greek symbols or mythological figures.


Explore Ancient Coins with Coin ID Apps

Now that you know about the metals, wouldn’t it be amazing to see these ancient coins up close? Well, thanks to today’s technology, you do not have to wait to visit a museum. With Coin ID apps, you can learn about ancient coins from the comfort of your phone. Just by taking a photo of a coin, these apps can identify its type, metal, and even give a bit of its history.

Some popular features of these apps include:

  • Photo Recognition: Simply snap a picture, and the app can match it with its database to provide details about the coin’s origin, age, and metal type.

  • Historical Info: Learn about the city-state that minted the coin, the ruler’s reign, and even the mythology behind the designs.

  • Metal Identification: By knowing the metal, the app can tell you about the coin’s original value, usage, and how it fit into the economy of its time.

Top Coin ID Apps to explore ancient Greek coins include Coin ID Scanner, PCGS CoinFacts, and NGC’s World Coin ID. And thanks to modern technology, we can all appreciate all the coins’ details in ways that were not possible before. Just try these apps, and who knows? You might just uncover a passion for history that is as rich and enduring as the metals of ancient Greece.