OBOL is a noun that refers to a small ancient Greek or Roman coin, specifically a silver coin. Throughout ancient Greek and Roman civilizations, the obol was one of the most prevalent and lowest value coins used for daily transactions. The term 'obol' is derived from the Greek word 'obelos,' which means a spit or skewer, referring to the elongated shape of the coin.
The obol typically had a diameter ranging from 9 to 12 millimeters and weighed around 0.72 grams. Primarily minted using silver, some obols were also made of bronze, although their value was significantly lower. Due to its small size and relatively low worth, the obol was commonly used for basic day-to-day transactions, such as paying for groceries, small services, or small offerings at religious sanctuaries.
Ancient Greek and Roman obols often featured different symbols or figures on their faces, representing various gods, goddesses, or important historical figures. These depictions varied depending on the city-state or Empire where the coin was minted. In some instances, obols were inscribed with specific initials or abbreviations representing the issuing authority.
The obol, as a unit of currency, gradually declined in usage and value over the centuries as larger denominations, such as the drachma or aureus, gained prominence. However, due to its historical significance and the extensive use of obols in ancient Greek and Roman economies, these coins have become valuable and sought-after artifacts for numismatists and collectors.
