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The Safavid Mint: How Shah Abbas Redefined Persian Currency
In the early 1600s, Shah Abbas I overhauled Persia's economy by creating a unified silver coin, the abbasi, named after himself. This episode traces how the Safavid mint transformed trade from Isfahan to the Silk Road, why the abbasi became a trusted currency from Venice to India, and the political calculations behind a 17th-century monetary revolution. We explore the mintage process at the Isfahan mint, the role of Armenian merchants in spreading the coin, and the surprising connection between coin clipping and the fall of the Safavid state. Hosts Lucas and Luna discuss the economic genius…
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