Thursday, May 17, 2012

Money Wisdom #32

"...with the invention of coinage, there is disparity between the material value and the conventional value of the coins; what is perceptible is worth less than the actual (conventional) value of the coin, and this implies something radically new - the paradox of an imperceptible embodiment of value. In other words the coin embodies ideal value, mysterious, powerful and imperceptible.

(Bold highlighting is my own - Jon )
Richard Seaford Money and the Early Greek Mind 2004 p.254

Note: I believe that Value does not exist without Mind (see the earlier quote from Nietzsche), but I think this phrase - 'the paradox of an imperceptible embodiment of value' - accords both with Seaford's reasoning and a Nietzscherian view of Value.

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