![]() ![]() Items found by the researchers included multiple bronze, spade-shaped coins and the clay molds that were used to make them. The coins and molds were found at a site identified as the ancient city of Guanzhuang, which was founded around 800 B.C. In this new effort, the researchers found coins in China in the same location as a minting facility, which left behind ashes that could be used for carbon dating-a very accurate means of dating the minting operation. But there is still debate as to their true age due to the dating techniques used. Coins dug up in what is now modern Turkey, created and used by people of the Lydian Empire, have been dated as far back as 630 B.C. Up until now, researchers have believed that the use of coins as a form of currency was first developed in Greece or Turkey.
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