Summary of Money and Monetary Policy

Which people's government started minting coins? A question that must be answered, despite its difficulty. If the question was which people began using metals as money, the answer to it would have been unanimously agreed upon by scholars and researchers that it was the ancient Egyptian people. Because the ancient Egyptians dealt, contracted, and estimated the values ​​of goods with metal rings with known fixed weights, the oldest of which, of course, are bronze rings made of copper that they extracted from the mines of Sinai four thousand years before the birth of Christ, peace be upon him.
As for gold rings and twisted bars, they were used only in small quantities due to the difficulty of obtaining it, and its use was not proven until one thousand and two hundred years before Christ, while silver was not proven to be used for these purposes in ancient times in Egypt. Because it was rarely present there; Therefore, it was sometimes more expensive than gold.
But if the deal is with pieces that the ruler strikes in his name, then here the discussion is disputed by historians.