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Starting with Nero in 64 AD, the Romans continuously debased their silver coins until, by the end of the 3rd century AD, hardly any silver was left.. A predecessor of the denarius was first struck in 269 or 268 BC, five years before the First Punic War, [3] with an average weight of 6.81 grams, or 1 ⁄ 48 of a Roman pound.
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 coin is roughly the size of the American nickel coin, [10] and it is considered valuable and rare. It was called the number 1 coin in Harlan Berk's 2019 book, 100 Greatest Ancient Coins. [11] The majority of the coins were struck in silver, but there is an exceedingly scarce variety of the coin struck in gold.
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 ...
Judaea Capta coins (also spelled Judea Capta, and, on many of the coins, IVDAEA CAPTA) were a series of commemorative coins originally issued by the Roman Emperor Vespasian to celebrate the capture of Judaea and the destruction of the Second Jewish Temple by his son Titus in AD 70 during the First Jewish Revolt. There are several variants of ...
Carolingian denarius (Denier) The Carolingian monetary system, also called the Carolingian coinage system [1] or just the Carolingian system, [2] was a currency structure introduced by Charlemagne in the late 8th century as part of a major reform, the effects of which subsequently dominated much of Europe, including Britain, for centuries.
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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.