Challenge Coins
The Modern Story of Challange Coins
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| Hits: 1218When the United States entered World War I in 1917, the wealthy sons of American nobility were attending the Ivy League colleges of Yale, Harvard and Princeton. Many quit mid-term to join the war and to become part of the newly formed flying squadrons.
A Short History of Coins
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Coins first found their way into history as a way of payment 600 years before Christ. The Greek historian Herodotus[1] (484-425 BC) recorded that the first coins were minted by the kingdom of Lydia in Asia Minor under King Alyattes (619-560 BC). Aristotle on the other hand gives credit to the wife of King Midas of Phrygia (700 BC), Damodice daughter of Agamemnon of Cyme. Greeks were also involved in the minting of coins for Egyptians and others through Greek trading posts. The islands of Aegina, Miletus and Samos had trading post in the Nile Delta by the name of Naucratis providing concrete evidence of a minting industry.