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Answer Wiki. , Communication Engineer. Ancient Egyptian society used different forms of money before using coinage in the first millennium B.C. The Egyptians used non-coin forms of silver and gold currency, such as silver rings and gold pieces shaped like sheep, centuries before minting coins out of the metals.
The 5th century BC Athenian tetradrachmon (four drachmae) coin was the most widely used coin in the Greek world prior to the time of Alexander the Great. After Alexander the Great's conquests, the name drachma was used in many of the Hellenistic kingdoms in the Middle East, including the Ptolemaic kingdom in Alexandria.