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The denarius (Latin: [deːˈnaːriʊs]; pl.: dēnāriī, Latin: [deːˈnaːriiː]) was the standard Roman silver coin from its introduction in the Second Punic War c. 211 BC [1] to the reign of Gordian III (AD 238–244), when it was gradually replaced by the antoninianus.
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 ...
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 .
The origin of £/, s, and d were the Latin terms Libra, meaning a pound weight (with the £ sign developing as an elaborate L), solidus (pl. solidi), 20 of which made up one Libra, and denarius (pl. denarii), 240 of which made up one Libra with 12 being equal to one solidus. These terms and divisions of currency were in use from the 7th century.
The sestertius was introduced c. 211 BC as a small silver coin valued at one-quarter of a denarius (and thus one hundredth of an aureus). A silver denarius was supposed to weigh about 4.5 grams, valued at ten asses, with the silver sestertius valued at two and a half asses (1.125 grammes). In practice, the coins were usually underweight.
But bullion equivalent calculations do not provide a complete picture of a currency's value. [29] Using a labor-equivalent calculation, a silver drachma (or denarius), which constituted a day's wage for a manual laborer, would be worth approximately the same in modern currency. [29]
The British pre-decimal penny was a denomination of sterling coinage worth 1 ⁄ 240 of one pound or 1 ⁄ 12 of one shilling.Its symbol was d, from the Roman denarius.It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling.
The classical Roman Empire originally used a decimal currency system based on the "as" whereby 1 denarius = 10 as. The silver denarius was the common circulation coin, but accounting was in sestercii. Later Roman Emperors undertook multiple coinage reforms, redefining weights and coins' relative values and introducing new coins and new ...