Summary. Recent finds of hoarded silver in Cisjordan present new material for the consideration of the conceptual history of coined metals. When the fundamental concepts associated with coinage are abstracted from the various objects that express them, it is possible to see that a kind of coined metal existed in Cisjordan and other parts of the Near East prior to the traditional ‘invention’ of coinage by the Lydians and Greeks c.600 BC.1Both hoards and written sources indicate that seals affixed to precious metals at times qualified them in a numismatic sense by guaranteeing weights set to standards as well as controlled composition. What has been characterized as the ‘invention’ of coinage was rather an adaptation of these same principal concepts. The frequency and size of silver hoards from Cisjordan point to a proliferation in the ‘monetary’ use of silver in that region during the Iron Age and suggest a relationship to the overwhelming preference for silver coinages among the Greeks.