Greek gold coins have been said to be the world's first coins which were made in Lydia about 640 BC. Lydia is now in present day Turkey so technically that makes the connection between Greece and gold coins to date back over 2,000 years. Almost all coins of ancient Greece are desirable and Greek gold coins are quite the collectible.

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Greece 100 Euro Gold Proof Special Olympics 2011 Price: $2,000.00 Time Left: 1d 13h 24m

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Greece is the pioneer for coinage craft and industry as it paved a way for the introduction and popularization of creating intricately made coins by countries all over the world. We pay homage to the Greeks for their brilliance in initiating such sophisticated craft and culture of coinage.

Greek Gold Coins were invented in the Black Sea region in Northeastern Greece during the 7th BC. The coins were used as tools for trading and representation of wealth. Greeks formulated the produced coins which yielded from combinations of gold and silver and other precious metals at that. The coins were first utilized by the ancient Egyptians and also were adopted by the Mesopotamian civilization.

The Greek Gold Coins were initially designed to carry portraits of Greek Kings starting from the king of Lydia, Phokia, Ephesos and Lesbos are among a few. During that era, these coins were big players in the trade industry bustling in the region, specifically in Lydia. Trade shops were drastically built around the region and the trade system through coins was truly impressive.

Croesus, the first king of Lydia responded well to this trend and had the coins regularly circulated up until the time of his reign was defeated by Darius of Persia. Darius created his own gold and silver coins and also had them circulated.

The most common medium for trading was silver. It was the regular currency for buying things during that time. The Greek Gold Coins however, were also used for trading, but rarely. These gold coins were just used as reserves or for emergency purposes during the periods of war and calamities.