the Greek cities of Magna Graecia, all Italian mintages are of a comparatively late date. The Etruscans were probably the first of the non-Hellenic inhabitants to coin money, but unhappily their gold coins are of rather uncertain date. However, it is worth noticing that these coins are probably thirds, sixths and twelfths of the unit 130-5 grains, the weights respectively being 44 grs., 22 grs., 11 grs. This view borrows considerable additional probability from the fact that the silver coins with plain reverses, which very possibly belong to the same age as the earlier gold, are struck on the standard of 135 grains. Whilst in the latter case the Etruscans can be said to have struck their coins on the Euboic-Syracusan, or Attic-Syracusan, or Euboic-Attic standard which was in use at Syracuse, it cannot be so alleged with respect to their gold. For not only are the subdivisions of the unit unknown to the Attic or Syracusan gold, but the coins bear numerals, = 50, XX = 25, XII< = 12-1/2, X = 10, which are found respectively on the coins of 44, 22, 11 and 9 grains, while on others again which weigh 18 grains we find the numeral = 5 grains[1]. Here then we have clear indications of a native Etruscan gold currency, existing prior to Greek influence and able to hold its own when the art of coining, and the very coin types themselves, were borrowed from the Greeks.
The Carthaginians were the close allies of the Etruscans in the struggle for the maritime supremacy of the Western Mediterranean against the Greeks, especially the bold Phocaeans, who gained over the fleet of both peoples a "Cadmean victory" at Alalia in Corsica (537 B.C.).
The first Carthaginian coinage was issued in the Sicilian cities, especially Panormus, at a comparatively late date, certainly not earlier than 410 B.C. As this coinage was entirely under Greek influences of comparatively late date, we cannot of course get any direct evidence from it as regards the original Phoenician standard. Carthage herself did not issue coins until about a century later, B.C. 310[2]. Hence we have no data of an early date. The gold coins struck in Sicily are
