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How the first coins EVER were made! King Croesus of Lydia, who ruled from around 560 to 546 BCE, is widely credited with producing the first true gold and silver coins in history. While earlier civilizations used weighed metal and stamped ingots, Croesus introduced a standardized, government-backed coinage system that would shape the future of money. His mint in the city of Sardis began striking coins made of electrum—a naturally occurring alloy of gold and silver—but he soon transitioned to sep
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