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Ancient Egyptian tax receipt translated

Researchers have translated a rare ancient Egyptian land-transfer tax receipt. Written in Greek on a piece of pottery, the receipt states that a person (the name is unreadable) and his friends paid a land-transfer tax that came to 75 "talents" (a unit of currency), with a 15-talent charge added on. The

Medieval mint found in India

A mint dating back to the 9th century A.D. has been found in Haryana, India. According to ASI Additional Director General B.R. Mani, “The ceramic assemblage and other evidences of material culture suggest that it is a single culture site, though there are three structural places connected with the habitational deposit…The

The brisk business of the JFK assassination

This November marks the 50th anniversary of the assassination of John F. Kennedy, America's 35th president, and Tomorrow's Trends has posted an interesting article highlighting some of money the national tragedy is still generating, from movies to books to memorabilia to video games. As memorabilia continues to be the cottage industry

Stone Tools may have been the first form of money

A researcher from the University of British Columbia believes that hand axes may have served as the first exchangable commodity due to their durability and utility. As humans became more intelligent, their tools become more symmetrical. "They became standardized as a result of social norms and also utility. Eventually, over time,

Unique medieval coin found near Gloucester

A medieval coin from the reign of William the Conqueror has been found in a field near Gloucester. The coin, which dates from 1077-1080, features the name of the moneyer Silacwine and where it was minted. The Portable Antiquities Scheme said that until the coin was discovered, there were no known examples

Analysis shows New World silver did not cause Spanish inflation

Between 1520 and 1650 Spain's economy took a dive. This was previously attributed to the belief that too much imported silver from the New World entered circulation as currency, but new analysis has revealed that this was not the case. Between the 16th and 18th centuries, the Spanish extracted as much

Tracing the origins of ancient coins

By bombarding ancient Greek and Roman coins with subatomic particles to determine their metallic makeup, researchers are able to pinpoint exactly where the metal was mined from. "As we learn more about the artifact we come to understand the coin itself a little better. And the other shoe to

Ancient forged coin found with spelling errors

A metal detectorist has discovered a 2,000-year-old fake coin made by a forger who could not spell and did not know who the emperor was. Experts said it was made a few years after Actium but was a terrible fake, probably created from memory by a craftsman who was ‘barely