Coinage of Asia

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The earliest coinage of Asia is also the oldest coinage of the world.^{[citation needed]} Coins were invented several times independently of each other. The earliest coins from the Mediterranean region are from the kingdom of Lydia, and are now dated ca. 600 BCE. The dating of the earliest coins of China and India is difficult and the subject of debate. Nevertheless, the first coins of China are at least as old as the earliest Lydian coins and possibly older, while the earliest coins of India seems to have appeared at a later stage.^{[citation needed]}

Pre-modern Chinese coins were always cast bronze or brass issues. This concept was later adopted by Japan, Korea and Annam (Vietnam), and also influenced regions in South-East Asia.

The Lydian coins consisted of discs or lumps of electrum (a natural gold/silver alloy), and were stamped on two sides with dies. This concept spread rapidly to neighbouring Greek city states in Asia Minor and across the Aegean Sea, and eventually throughout the Mediterranean. When Lydia was conquered by Achaemenid Persia, the production of Lydian coins continued in the guise of silver Siglos and gold Darics. Other parts of Persia only began to mint coins at the time of Alexander the Great's conquest.

Coinage of India began in the 7th century BCE^{[citation needed]}, as small native states known as the Mahajanapadas began to mint coins of silver. The concept of coinage, and many design elements, spread across the Indian subcontinent within centuries. India subsequently absorbed and modified numerous influences, including Greek, Roman, Arabic and Persian.