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Money - Facts, Information, and Encyclopedia Reference article |
 | | The first Greek coins were made initially of copper, then of iron and this is because copper and iron were powerful materials used to make weapons. |
 | | Pheidon king of Argos, around 700 BC, changed the coins from iron to a rather useless and ornamental metal, silver, and, according to Aristotle, dedicated some of the remaining iron coins (which were actually iron sticks) to the temple of Hera[1]. |
 | | King Pheidon coined the silver coins at Aegina, at the temple of the goddess of wisdom and war Athena the Aphaia (the vanisher), and engraved the coins with a Chelone, which is used until nowdays as a symbol of capitalism. |
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