
2. There Actually Was a King Midas
In Greek mythology, King Midas was blessed by the gods with the ability to turn whatever he touched into gold, only to discover too late that the blessing was actually a curse. As it turns out, there actually was an 8th century BC King Midas of Phrygia, whom we know of from ancient Greek and Assyrian sources. According to Greek sources, this Midas married a princess Hermodice, who is credited by some ancient sources with inventing Greek coinage, or money. Simultaneously, Assyrian tablets from that period refer to a king “Mita” attacking Assyria’s east Anatolian territories.
Thanks to Midas’ wife, Phrygia, as an early adopter of coined money, would have probably experienced an economic boom. Especially compared to neighboring states, that still relied on inefficient barter for trade. So from that perspective, it is not hard to see how the stories of Phrygia’s King Midas having a “golden touch” got started.



