Why coins turned round the world over? A critical analysis of the origins and transmission of ancient metallic money

Abstract

The inspiration behind the pre-modern bronze round coinage standardised across China by the First Emperor of Qin in the 3rd century BC have remained fairly obscure and are still a contentious issue. We demonstrate in this article that the various theories arguing for an exclusively endogenous impetus behind the spread and development of Chinese round coinage vouched for by many scholars in either East Asia or the West all carry inherent contradictions. In contrast, circumstantial and archaeological evidence in support of partly exogenous origins are mounting. Evidence from the Middle East points to the early invention and wide circulation of round coinage in Lydia, Greece and the Achaemenid ..