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Roman currency for most of Roman history consisted of gold, silver, bronze, orichalcum and copper coinage. [1] From its introduction during the Republic, in the third century BC, through Imperial times, Roman currency saw many changes in form, denomination, and composition. A feature was the inflationary debasement and replacement of coins over ...
The denarius contained an average 4.5 grams, or 1 ⁄ 72 of a Roman pound, of silver, and was at first tariffed at ten asses, hence its name, which means 'tenner'. It formed the backbone of Roman currency throughout the Roman Republic and the early Empire. [9] The denarius began to undergo slow debasement toward the end of the republican period.
By the 260s and 270s the main unit was the double-denarius, the Antoninianus, but by then these small coins were almost all bronze. Although these coins were theoretically worth eight sestertii, the average sestertius was worth far more in plain terms of the metal it contained. Some of the last sestertii were struck by Aurelian (270–275 AD).
Also found among the Roman coins were 72 gold aurei, dated from 18 B.C. to 47 A.D. Those coins show no signs of wear and likely came from a pile of freshly minted coins, according to the Cultural ...
Earlier Roman silver coins had been struck on the Greek weight standards that facilitated their use in southern Italy and across the Adriatic, but all Roman coins were now on a Roman weight standard. The denarius, or 'tenner', was at first tariffed at ten assēs, but in about 140 BC it was retariffed at sixteen assēs.
Roman Republican currency is the coinage struck by the various magistrates of the Roman Republic, to be used as legal tender.In modern times, the abbreviation RRC, "Roman Republican Coinage" originally the name of a reference work on the topic by Michael H. Crawford, has come to be used as an identifying tag for coins assigned a number in that work, such as RRC 367.
The 1,700-year-old coins discovered in Luxembourg offer an intriguing look into the cultural shifts of the Roman Empire, both its cultural monetary uses and its succession of emperors.
The coins include depictions of nine Roman emperors who ruled between 364 and 408 A.D. Among the hoard is Eugenius, an infamous ruler considered illegitimate by the Eastern Roman Empire, also ...