Gold coins are one of the oldest forms of
money. The first
gold coins in history were coined by the
Lydian king Croesus in about 560 BC, not long after the first
silver coins were minted by king
Pheidon of
Argos in about 700 BC.Gold coins then had a very long period as a primary form of
money, only falling into disuse in the early 20th century. Most of the world stopped making gold coins as
currency by 1933.However, gold-colored coins (not made of real gold) have made a comeback in many currencies.
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