material that is a variable mix of gold and silver (with about 54% gold and 44% silver). Before Croesus, his father Alyattes had already started to mint various types of non-standardized electrum coins. They were in use in Lydia and surrounding areas for about 80 years. The unpredictability of its composition implied that it had a variable value which was very hard to determine, which greatly hampered its development.

Croeseids

Croesus (reigned - BCE), king of

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