I'm curious about the reason behind countermarking coins. I want to understand the purpose of this practice and why it is done. What are the benefits or reasons for countermarking currency?
6 answers
Lucia
Fri Nov 08 2024
The practice of countermarking silver coins was prevalent during the Hellenistic period.
KpopMelody
Thu Nov 07 2024
Some states had strict policies regarding countermarking.
HanjiArtist
Thu Nov 07 2024
For instance, in Hellenistic Pergamon, located in Asia Minor, all foreign coins were required to be countermarked before they could be used.
EmeraldPulse
Thu Nov 07 2024
This process involved a state applying a mark to foreign coins.
Dario
Thu Nov 07 2024
The purpose of countermarking was to indicate that these coins could be used as legal tender within the state's territory.