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Iron Age Gold Ring Money 1st Century BC £585.00
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Iron Age Gold Ring Money 1st Century BC
12x15x4mm, 5.99g

Ring money is considered to have originated in ancient Moesia (modern Bulgaria) around 7th century BC. Prior to the introduction of struck coinage into Celtic Europe, copper and gold rings were used as currency by Iron Age tribes. Transactions conducted by bartering goods and services, which required payment and exchange, are likely to have led to its usage. Ring money may have been worn or attached to clothing and parallels still exist in tribal regions of the world today.

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