Aegina is one of the Saronic Islands of Greece in the Saronic Gulf, 17 miles from Athens. The name derives from Aegina the mother of the hero Aeacus, who was born on the island and became the king of it. Aegina was a rival of Athens, the great sea power of ancient times. Perhaps some of the first silver coins to be minted, were minted on the island of Aegina under Pheidon. The obverse design of the Aegina’s coins was that of a sea turtle, the reverse was an incused square divided into 5 to 8 squares or triangles created with a punch that was used to drive the silver flan into the obverse “die”. Since the island was a significant sea power, the turtle design was appropriate. The Aegina Turtle Silver Staters were widely used and popular. They were commonly called “turtles”. “Turtle” today is a slang expression in Germany that is recognized to mean a few dollars or bucks. The Aegina Turtle Silver Stater became a widely recognized trade coin of the ancient world, until the Athenian Owl came along.