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An article recently published in this journal (D. Kagan, AJA 86 [1982] 343-60) proposes to revive a seventh century B. C. dating for the earliest coinages of Aegina, Corinth and Athens, in keeping with the ancient testimonia that connect coinage with Pheidon of Argos and the reforms of Solon. Apart from such testimonia, however, the only chronological argument adduced for this dating is Kagan's contention that coinage began in Lydia and Ionia near the beginning of the seventh century. Here we review the very considerable body of literary, typological, contextual, metallurgical, stylistic and comparative numismatic evidence that bears on the chronology of archaic Aeginetan, Corinthian and Athenian coinage, and conclude that, regardless of when in the seventh century coinage developed in western Asia Minor, it was not introduced at Aegina, Corinth and Athens until the sixth century B. C.
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