Saturday, May 17, 2014

Money Wisdom #266

"The assumption of Lydia as the birthplace of coinage shaped much ancient thought. Whether or not Gyges or his descendant was in fact the first man to mint coins, he was associated in the minds of the Greeks with minting. Like, Midas his neighbor, who turned all things to gold with a touch, Gyges turned all things into gold by his ability to purchase them with gold minted into coins."

Marc Shell The Economy of Literature (1978) p.12

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