What Happened After Alexander the Great Died — Fexingo History

The Diadochi's Silver Crisis: Why the Coinage Collapse Changed History

5 min · 6. juli 2026
episode The Diadochi's Silver Crisis: Why the Coinage Collapse Changed History cover

Description

In this episode, Lucas and Luna explore a little-known economic catastrophe that reshaped the Hellenistic world: the silver crisis faced by the Diadochi after Alexander's death. With the Persian treasuries depleted and the silver mines of Thrace and Attica under competing control, the Successor kings were forced to debase their coinage, leading to inflation, military mutinies, and a shift in power that favoured those with access to new resources — like Ptolemy's Egyptian gold and Seleucus's eastern silver from Bactria. The episode focuses on the monetary policies of Antigonus Monophthalmus, Cassander, and Lysimachus, the role of the Athenian silver mines at Laurion, and the surprising impact of Celtic raids on the supply chain. Lucas also discusses the archaeological evidence from hoards found at Gordion and in Macedonia, which reveal the gradual decline in silver purity. The conversation ties these economic pressures to political events like the Battle of Ipsus and the rise of the Seleucid Empire, showing how money — or the lack of it — was a decisive weapon in the wars of the Successors. #Diadochi #SilverCrisis #HellenisticEconomy #AntigonusMonophthalmus #Lysimachus #Cassander #Seleucus #Ptolemy #CoinageDebasement #LaurionMines #Thrace #Bactria #BattleOfIpsus #GordionHoard #MacedonianSilver #EconomicHistory #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

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163 episodes

episode Eumenes of Cardia: The Greek Secretary Who Almost Won the Empire artwork

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Yesterday6 min
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17. juli 20267 min
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