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The numismatic tradition of
Locri Epizephyrii is a bit peculiar if it's compared to the
other cities of Magna Graecia and of the whole Greek world
(excepted Sparta, and this isn't surprising because we know
that this city had many affinities with the ancient Locri).
As the matter of fact, the Locrian Colony started to mint
coins very late, during the IV century b.C. (while elsewhere
it was a common custom since the VI century b.C.).
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SILVER LOCRIAN COIN (IV century b.C.)
(Image source: Prof. G. Incorpora's private archive)
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That was caused by the really conservative Locrian ruling
class which, following Zaleukos' strict
legislation, wanted to preserve unchanged the economical
structure of the polis. The agricultural property and its
development was always preferred to the commerce
development, therefore there was no need to mint coins.
By the way, during the excavations, were brought again to
light many coins of the VI and of the V century b.C. (minted
in Sybaris, Kaulon, Kroton, etc.) which let us suppose that
even if they didn't mint coins, the Locrians usually
accepted coins as payment for commerce exchanges.
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SILVER LOCRIAN COIN (IV century b.C.)
(Image source: Prof. G. Incorpora's private archive)
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Thanks to the boards of the Sanctuary of Olympian Zeus, the
experts were able to uncover the Locrian monetary system
which, even if younger than the ones of the other poleis,
proved to be really complex. And this complexity is proved
by the large amount of ancient Locrian coins which was
brought again to light in both official and illegal
excavations (as a matter of fact, many Locrian coins
illegally sold can be seen today in many museums and private
collections around the world).
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GOLDEN LOCRIAN COIN (IV century b.C.)
(Image source: Prof. G. Incorpora's private archive)
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The coins discovered in the area of the old polis can be
divided into three groups: golden (really rare), silver and
bronze, and they were minted (in Locri and elsewhere)
between the VI century b.C. and the Byzantine age.
The most beautiful and important of them can today be seen
at the National Museum of Reggio Calabria; some collections
are also preserved at the National Museum of Locri
Epizefiri.
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