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Unlike most modern coins, Roman coins had (at least in the early centuries) significant intrinsic value. However, while the gold and silver issues contained precious metals, the value of a coin could be slightly higher than its precious metal content, so they were not, strictly speaking, equivalent to bullion .
During the Roman Republic it was a small, silver coin issued only on rare occasions. During the Roman Empire it was a large brass coin. The name sestertius means "two and one half", referring to its nominal value of two and a half asses (a bronze Roman coin, singular as), a value that was useful for commerce because it was one quarter of a ...
When the solidus was reintroduced by Constantine I (r. 306–337) in 312 AD, permanently replacing the aureus as the gold coin of the Roman Empire, it was struck at a rate of 72 to a Roman pound of pure gold, each coin weighing twenty-four Greco-Roman carats, or about 4.5 grams of gold per coin.
A hoard of Roman coins worth over $125,000 was found during a construction project in central England. The stash of gold and silver coins date back to the reign of Rome's Emperor Nero, according ...
European coins date back at least to the Roman Empire, though mass production didn't begin until later with a spike in the number of silver coins. The latter development signaled a "transformation ...
Solidus of Constantius II from Antioch, 347–355. A holed coin such as this was likely worn as a jewelry piece by a prominent or wealthy Roman. The solidus was initially introduced by Diocletian in small issues and later reintroduced for mass circulation by Constantine the Great in c. AD 312 and was composed of relatively solid gold.
Slight differences in minting or condition can make a coin either worth thousands of dollars, or relatively worthless. More From GOBankingRates. 7 Winter Clothing Items You Should Buy at Costco Now.
The dupondius, formerly a two-pound bronze coin, was now orichalcum, valued at half a sestertius and weighing half as much. The half-ounce as, worth half a dupondius, the semis, worth half an as, and the quadrans, worth half a semis, were the first pure copper coins minted in Rome since 84 BC. [3]
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