http://www.crete-holiday.org/crete-greece-people/
What was used to pre-coinage around 1200-1300BC around ancient Greece, Crete, etc?
From what I read, people in time used a single ox in constant currency basis, the production of ingots in the form of an ox leather copper or gold to represent the value of an ox, (23.5 grams of copper and 8.5 grams of gold.) Presumably it must have been other names, to represent smaller or larger amounts may and want to know what they were. Half an ox? An ox quarter? A sheep? A goat? Can someone please advise what other names may have been at the time? In particular I'm interested in how everyday transactions were carried out with this money, I wonder if 8.5 grams of gold, the current value of about U.S. $ 255, representing an equivalent amount of money then.
In the elderly simply pre-currency exchange merchandise for merchandise. For example, if a baker wanted two bottles of milk that he and the farmer would have to agree on how bread was equivalent to a bottle of milk instead of half of equal value. Commodities which were often highly sought after standard and accepted by a group of people to operate in the same way that a coin is. Among the agreed outputs will be circulated as an element of trade so that individuals could buy other products that were evaluated in terms of these particular items. Some examples are coffee, salt, sugar, snuff, textiles, cocoa and cattle. However, the inconvenience involved – trading with other people who did not share the same standardized product, transportation and the short shelf life of fresh foods – saw the need for a system of coinage as a medium of exchange. The first coins similar to those of today, is said to have appeared around the seventh century BC. The coins were made of round metal shapes in Anatolia, in what is now the west coast of Turkey. In the course of currencies time begun to incorporate the prints and drawings representing the cultural groups who used them. When the major economies began to develop, gold, silver, copper and other metals were used to make coins. Afghan-Turkish period, scholars agree that gold and silver and the consequent scarcity of the coin shortage that characterized Pala and the Sena period, persisted until the arrival of Husain Shahi rulers. Gold and silver hunger period of Palas and Distinguishing rational can be attributed to decrease of foreign trade and the consequent decrease in the import of gold and silver as balance for the payment. There was no gold and silver mines in Bengal. By So whatever gold and silver from Bengal had possessed a particular time came through favorable balance of payment in foreign trade. In a state of weakness of the weak economy and coin system, snails became the most dominant mode of exchange. Barter was equally as strong.
Arriving in Souda Bay, Crete, Greece in 1961