Thus it was the Aeginetans who, within thirty or forty years of the invention of coinage by the Lydians (c. 700 B.C.), introduced to the western world a system of such incalculable value to trade.
They were not considered to be of the same blood as the Carians, and were, therefore, excluded from the temple of the Carian Zeus at Mylasa, which was common to the Carians, Lydians and Mysians, though their language was the same as that of the Carians proper.
During the next years the Persian army under Harpagus suppressed a rebellion of the Lydians under Pactyas, and subjugated the Ionian cities, the Carians and the Lycians (when the town Xanthus resisted to the utmost).
Alexander is said to have granted the Lydians to be " free " and " to use the laws of the ancient Lydians," whatever exactly these expressions may mean (Arr.
94) and Xenophanes of Colophon, the Lydians were the first coiners of money at the beginning of the 7th century, and, further, the oldest known Aeginetan coins are of later date than Pheidon.