Knossos, which is the most important archaeological site on Crete, located 5 km southeast of Heraklion. This is the most indicative remnant of the Minoan civilization developed on Crete. In this magnificent palace of Knossos lived Minos, son of Zeus and Europe as well as the legendary Minotaur.

According to historical data, the palace of Knossos was built around 1900 BC occupied area of ​​22,000 square meters and was developed around the oldest and largest city of Crete, whose population reached the 100,000 residents.

The palace was destroyed around 1700 BC and was built in place of another. The period 1700 - 1450 BC is the brightest of the Minoan civilization and especially for those of Knossos. In 1600 BC the palace suffers serious damage from a devastating earthquake, but soon repaired and built at the same time as other new buildings.

These new buildings along with the preexisting palace is now the archaeological site of Knossos. New disaster occurred in 1450 BC, probably by the volcanic eruption of Santorini. Finally, the palace was completely destroyed by the invading Achaeans and is not used anymore, but Knossos continued to remain an important city-state until the first Byzantine period.

In Knossos minted many coins on which there were several performances. Most of them pretending to hold the Minotaur in his hand stone. Other depicted the Labyrinth, sometimes square, sometimes circular and on the coin with the word "Knossos". In other currencies were forms of ancient gods, as the goddess Athena and Aphrodite.