Search results
Results from the WOW.Com Content Network
Throughout these reforms, Augustus did not alter the coins' weight or fineness. The gold aureus, weighing about one-quarter ounce, was worth twenty-five silver denarii, weighing about one-eighth of a troy ounce. [2] Augustus more comprehensively reformed denominations below the denarius.
The clupeus uirtutis or shield of honour granted to Caesar Augustus by the Senate, apparently along with the name "Augustus" and the right to display an oak wreath over his door [18] Eschewing the open anti-elitism exhibited by Julius Caesar and Mark Anthony, Augustus modified the political system in this settlement, making it palatable to the ...
Nero as. Following the coinage reform of Augustus in 23 BC, the as was struck in reddish pure copper (instead of bronze), and the sestertius or 'two-and-a-halfer' (originally 2.5 asses, but now four asses) and the dupondius (2 asses) were produced in a golden-colored alloy of bronze known by numismatists as orichalcum.
The coinage system that existed in Egypt until the time of Diocletian's monetary reform was a closed system based upon the heavily debased tetradrachm. Although the value of these tetradrachms can be reckoned as being equivalent to that of the denarius , their precious metal content was always much lower.
The Fleet coinage was a set of bronze coins minted by Mark Antony in the eastern Mediterranean from 40 BC until 30 BC. The coinage introduced Roman-style denominations to the eastern half of the Roman Empire and formed the basis for the monetary reforms under Augustus.
Augustus's public revenue reforms had a great impact on the subsequent success of the Empire. Augustus brought a far greater portion of the Empire's expanded land base under consistent, direct taxation from Rome, instead of exacting varying, intermittent, and somewhat arbitrary tributes from each local province as Augustus's predecessors had done.
With the coinage reform of Augustus in about 23 BC, the sestertius and dupondius were produced in a type of brass called orichalcum [1] by the Romans and numismatists, while lower denominations were produced out of reddish copper.
In or about 23 BC, with the coinage reform of Augustus, the sestertius was reintroduced as a large brass denomination, while the as, now made of copper, was worth one quarter of a sestertius. Augustus tariffed the value of the sestertius as one hundredth of the gold aureus. The sestertius was produced as the largest brass denomination until the ...