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Money in Ptolemaic Egypt: From the Macedonian Conquest to the End of the Third Century BC 1st Edition

5.0 5.0 out of 5 stars 2 ratings

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This book explores the impact of Alexander the Great's introduction of coined money on the economy and society of Egypt and its political implications for the formation of the Ptolemaic state. It argues that the introduction of coinage happened slowly, spreading gradually from Alexandria into the chora. Under Ptolemy II, however, Egypt was aggressively monetised. Using both numismatic and papyrological evidence, the workings of a rural monetary economy are reconstructed where coinage was in high demand, but in short supply. It is argued that by the middle of the third century BC Egypt was much more thoroughly monetised than is usually assumed, but that the degree of monetisation was sustained only by an extensive credit economy as well as ad hoc commutation of monetary payments into kind. Contextualising the complexities of credit and banking in rural Egypt, the book offers a fresh picture of their function in the ancient economy.
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Editorial Reviews

Review

'Sitta von Reden's book deals with a well defined topic and combines numismatic and papyrological evidence in an interesting and illuminating way. … This book is highly recommended for anyone interested in the economy of third century BC Ptolemaic Egypt.' De novis libris iudicia

'The information and interpretations that [von Reden] provides here will be a welcome reference to many historians, and her work will spark the interest of scholars to further our knowledge of this period as well as subsequent periods of the Ptolemaic economy.' The Bulletin of the American Society of Papyrologists

Book Description

Explores the impact of the gradual adoption of coinage into Egypt by the early Ptolemies.

Product details

  • Publisher ‏ : ‎ Cambridge University Press; 1st edition (February 11, 2010)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 380 pages
  • ISBN-10 ‏ : ‎ 0521130549
  • ISBN-13 ‏ : ‎ 978-0521130547
  • Item Weight ‏ : ‎ 2.31 pounds
  • Dimensions ‏ : ‎ 6 x 0.95 x 9 inches
  • Customer Reviews:
    5.0 5.0 out of 5 stars 2 ratings

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Sitta von Reden
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Customer reviews

5 out of 5 stars
5 out of 5
2 global ratings

Top review from the United States

Reviewed in the United States on January 5, 2024
One of the best reading in Ptolemaic history, and very helpful in understanding ancient Mediterranean economies alongside Greece and Rome. It’s clear writing and organization made it’s subject very engaging and enjoyable even for a non-specialist in the field like myself.