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TitleThe Nephite Monetary System
Publication TypeMagazine Article
Year of Publication1954
AuthorsSmith, Richard Pearson
MagazineImprovement Era
Volume57
Issue Number5
Pagination316–317
Date PublishedMay 1954
KeywordsAncient Egypt; Ancient Near East; Nephite Monetary System
Abstract

This article provides a scholarly analysis of the monetary system of the Nephites used around 82 b.c. and described in Alma 11. The Nephite system was a slight modification of a binary system, where each unit would have twice the value of the next smaller one. The author also shows parallels with similar systems in Egypt and Macedonia.