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'Electrum' is a naturally occurring
alloy of
gold and
silver, with trace amounts of
copper and other metals. Colour ranges from pale to bright yellow, depending on the proportions of gold and silver. Gold content of naturally-occurring electrum in modern Western
Anatolia ranges from 70% to 90% in contrast to the 45-55% of electrum used in ancient
Lydian coinage of the same geographical area.
[1]
Electrum was used as early as the
third millennium BC in
Old Kingdom Egypt, sometimes as an exterior coating to the
pyramidions atop
ancient Egyptian
pyramids and obelisks.
Electrum was also used in the making of ancient
drinking vessels and
coins.
Composition
Electrum consists primarily of
gold and
silver but is sometimes found with traces of
copper and other
metals. As a result, electrum is usually a good
conductor of
electricity.
Analysis of the electrum composition in ancient Greek coinage dating from 600 BC showed that the gold composition was 55.5% in archaic
Phocaea. In the early classical period, the gold composition of electrum ranged from 46% in Phokaia to 43% in Mytilene. In later coinage from these areas, dating to 326 BC, the gold composition averaged 40% to 41%.
Appearance
The color of electrum is pale yellow or yellowish-white and the name is a
Latinized form of the
Greek word ηλεκτρον (''elektron'') mentioned in the ''
Odyssey'' meaning a metallic substance consisting of gold alloyed with silver. The same word was also used for the substance
amber, probably because of the pale yellow color of certain varieties, and it is from the
electrostatic properties of amber that the modern English words "electron" and "electricity" derive.
Electrum was often referred to as
white gold in ancient times but could be more accurately described as "pale gold". The modern use of the term white gold usually concerns
gold,
silver and
palladium alloys.
History
Electrum is mentioned in an expedition sent by Pharaoh
Sahure of the
Fifth dynasty of Egypt (see
Sahure).
Electrum is referred to three times in the Bible. In all three instances it is used to describe a type of glow seen by the prophet Ezekiel in visions (Ezekiel Ch.1 Vs.4 and 27;Ch. 8 Vs. 2)
Electrum is believed to have been used in coins circa
600 BC in
Lydia under the reign of
Alyattes II.
Electrum was much better for coinage than
gold, mostly because it was harder and more durable, but also because techniques for refining
gold were not widespread at the time. The discrepancy between gold content of electrum from modern Western Anatolia (70-90%) and ancient Lydian coinage (45-55%) suggests that the Lydians had already solved the refining technology for silver and were adding Ag to the local native electrum some decades before introducing the pure silver coins cited below.
In
Lydia, 14.1 grams of electrum was made into one ''
stater'' (meaning "Standard"). A stater was about one month's pay for a soldier. To complement the stater, fractions were made: the ''trite'' (third), the ''hekte'' (sixth), and so forth, including 1/24 of a stater, and even down to 1/48th and 1/96th of a stater. The 1/96 stater was only about 0.14 to 0.15 grams.
Because of the variety of electrum's composition, it was rather difficult to determine the exact worth of each coin. Widespread trading was somewhat hampered by this, as a foreign merchant would offer rather poor rates on local electrum coin.
These difficulties were eliminated in 570 BC when pure silver coins were introduced. However, electrum currency remained fairly popular until approximately 350 BC. The simplest reasoning for this would be that, because of the gold content, one 14.1 gram stater would be worth as much as ten 14.1 gram silver pieces.
External links
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Lydian lion electrum coins
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Electrum lion coins of the ancient Lydians (about 600BC)
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An image of the obverse of a Lydian coin made of electrum