Laodicea Banking Center
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Laodicea Banking Center (Revelation 3.14-16)

""And to the angel of the church in Laodicea write: 'These are the words of the Amen, the faithful and true witness, the ruler [or "origin" or "beginning"] of God's creation: 'I know your deeds; you are neither cold nor hot. I wish that you were either one or the other! So, because you are lukewarm - neither cold nor hot - I am about to spit you out of my mouth.'" (Revelation 3.14-16)✞

Silver Coins

Laodicea Silver CoinsLaodicea was about 100 miles east of Ephesus and was probably the wealthiest of all the seven cities in the "Ephesus Crescent." It was founded in 255 BC by King Antiochus 11 and was renowned as the most important banking center in that area. Laodicea was named after Antiochus' wife, Laodice. Laodicea was so prosperous that like many other Greek cities it minted its own coins. It was also known for the manufacture of specialty woolen garments, and boasted a medical school that administered eye and ear ointments.

Wealthy City

Stone wheel found in Laodicea When Cicero (BC 106-43) who was a Greek philosopher and one of Rome's greatest speakers was travelling in Asia Minor, it was at the Laodicea banking center that he cashed his letters of credit. Laodicea was certainly one of the wealthiest cities in the Roman world at that time.

"Laodicea Banking Center"
by Ron Meacock © 2017

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