Ernest Arthur Gardner and Edward Mewburn Walker

Summary

Ernest Arthur Gardner and Edward Mewburn Walker 1911 Encyclopædia Britannica (1911)

It would be a mistake to attribute the fall of Aegina solely to the development of the Athenian navy. It is probable that the power of Aegina had steadily declined during the twenty years after Salamis, and that it had declined absolutely, as well as relatively, to that of Athens. Commerce was the source of Aegina’s greatness, and her trade, which appears to have been principally with the Levant, must have suffered seriously from the war with Persia.
Source: Wikisource

Ernest Arthur Gardner and Edward Mewburn Walker 1911 Encyclopædia Britannica (1911)

Though this statement is probably to be rejected, it may be regarded as certain that Aegina was the first state of European Greece to coin money. Thus it was the Aeginetans who, within thirty or forty years of the invention of coinage by the Lydians (c. 700 B.C.) , introduced to the western world a system of such incalculable value to trade. The fact that the Aeginetan scale of coins, weights and measures was one of the two scales in general use in the Greek world is sufficient evidence of the early commercial importance of the island.
Source: Wikisource

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