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According to Pliny, it was established that the denarius should be given in exchange for ten pounds of bronze, the quinarius for five pounds, and the sestertius for two-and-a-half. But when the as was reduced in weight to one ounce, the denarius became equivalent to 16 assēs , the quinarius to eight, and the sestertius to four; although they ...
Roman currency names survive today in many countries via the Carolingian monetary system, such as the dinar (from the denarius coin), the British pound (a translation of the Roman libra, a unit of weight), the peso (also a translation of libra), and the words for the general concept of money in the Iberian Romance languages (e.g. Spanish dinero ...
After the as had been issued as a cast coin for about seventy years, and its weight had been reduced in several stages, a sextantal as was introduced (meaning that it weighed one-sixth of a pound). At about the same time a silver coin, the denarius, was also introduced. Earlier Roman silver coins had been struck on the Greek weight standards ...
In the third century silver coinage contained less and less silver, and more and more copper or bronze. 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 ...
During the Roman Empire, this appears on the bronze coinage only (except during the first few years of Nero's reign, when it is also found on the precious metal coinage), and it suggests that although the emperor kept the minting of gold and silver coins under his own authority, the Senate, as a sop to its pride, was allowed to retain nominal ...
The history of money is the development over time of systems for the exchange of goods and services. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter. Money may take a physical form as in coins and notes, or may exist as a written or electronic account.
New ratios were fixed among the currencies: the sestertius was now minted from about an ounce of orichalcum, an alloy of copper and zinc, rather than silver, and fixed at a quarter of a denarius. The dupondius, formerly a two-pound bronze coin, was now orichalcum, valued at half a sestertius and
The Ides of March coin, also known as the Denarius of Brutus or EID MAR, is a rare version of the denarius coin issued by Marcus Junius Brutus from 43 to 42 BC. The coin was struck to celebrate the March 15, 44 BC, assassination of Julius Caesar .