Page:Origin of metallic currency and weight standards.djvu/307

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and at various periods in the same regions, it was found necessary from time to time to increase or diminish the weight of the silver unit. Thus if gold was to silver as 12:1 in the 3rd century B.C., we find a ready explanation for the standard of Gades and Emporiae. The gold unit of 130 grs. would be worth ten silver units of 156 grs. each (130 × 12 = 1560 ÷ 10 = 156). So too the 118 gr. standard of Carthage may be explained by supposing that gold was to silver as 11:1; for then 1 gold unit of 130 grs. = 12 silver of 118 grs. each (130 × 11 = 1430 ÷ 12 = 119 grs.), duodecimal division perhaps being preferred to the decimal owing to the relations between electrum and silver, the former perhaps being as in Lydia[1] counted at 10 times the value of the latter. If gold was to silver as 12:1, and electrum to silver as 8:1, electrum being thus nearly two-thirds gold, one gold piece of 75 grs. = 1 piece of electrum of 118 grains, and 8 pieces of silver of 116 grs. each (75 × 12 = 900; 116 × 8 = 928), and 1 piece of electrum of 118 was worth 8 pieces of silver of 116 grs. each. All this is, be it remembered, purely conjectural, as we know nothing of the actual relations existing between any pair of the metals.

However, when we come to deal with the electrum of Cyzicus we shall be able to produce some data, which will at least show that our suggested explanation of the relations existing between gold, electrum and silver at Carthage is not purely chimerical.

Lastly comes the question of the commercial weight-system. We have already spoken of the badly preserved weight from Jol, but we could not say whether it was used for the precious metals, or more ordinary merchandize. However, the great Phoenician inscription of Marseilles, already referred to, makes it plain that even in the weighing of meat they reckoned by the shekel and not by the mina; for we find in it mention of 300 [shekels] and 150 [shekels] of flesh from the victims. This completely accords with the 20 shekels of food mentioned by Ezekiel (iv. 10), and clearly indicates that even in what we may well believe to be the heavy commercial shekel, the ancient decimal system had not been superseded by the sexa-*

  1. Pliny, H. N. XXXIV.