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China is a country in East Asia whose culture is considered the oldest, still extant, in the world. The name `China’ comes from the Sanskrit Cina (derived from the name of the Chinese Qin Dynasty, pronounced `Chin’) which was translated as `Cin’ by the Persians and seems to have become popularized through trade along the Silk Road from China... [continue reading]
Coins were introduced as a method of payment around the 6th or 5th century BCE. The invention of coins is still shrouded in mystery: According to Herdotous (I, 94), coins were first minted by the Lydians, while Aristotle claims that the first coins were minted by Demodike of Kyrme, the wife of King Midas of Phrygia. Numismatists consider that the first coins... [continue reading]