Obscure Coins • Week 4 • Ancient Ethiopia

Aksumite Gold Coins of King Endubis:
Ethiopia's Red Sea Gold Standard

In this article you will learn:

About the gold coins of the Kingdom of Aksum, the first sub-Saharan African empire to mint gold coinage in 270 CE.

During late antiquity, the Roman Mani (Persian philosopher) wrote that there were four great world powers of his era: Rome, Persia, China, and the Kingdom of Aksum (centered in modern-day Ethiopia and Eritrea).

Around 270 CE, Aksumite monarch King Endubis achieved a monumental numismatic milestone: Aksum became the very first sub-Saharan African state to mint its own official gold, silver, and bronze coinage, competing directly with Roman Solidus and Persian Drachms along the lucrative Red Sea trade routes.

Ears of Wheat and Sacred Symbols

Aksumite coins were meticulously engineered for international acceptance. Struck in high-purity gold (approximately 2.7 grams), they featured:

The Pre-Christian Sun and Moon

Early Aksumite coins minted under Endubis and Aphilas bore the crescent moon and disc symbol of the indigenous polytheistic deity Mahrem. However, when King Ezana converted to Christianity around 330 CE (contemporaneous with Roman Emperor Constantine), Aksum updated its coinage, replacing the pagan crescent with a prominent Christian Cross—making Aksum one of the earliest states to portray the cross on gold coins.

A Monetary Gateway Between Continents

Aksumite gold coins traded as far as India, Roman Egypt, and the Arabian Peninsula. Their precise weight standards allowed Aksum to control maritime commerce between the Roman Mediterranean and the Indian Ocean for over four centuries until the kingdom's economic decline in the 7th century.

Test Your Knowledge

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WR

Sir William Raleigh

Sir William Raleigh is a numismatist with over 40 years of experience studying British and European coinage.

Contact: sirwill [at] cointoss.uk