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ROMAN CURRENCY

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ROMAN CURRENCY

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    1. ROMAN CURRENCY BY AURELIUS DOMITIANUS

    2. The First “Money” in Rome The first currency of Rome consisted of large irregular lumps of bronze known as aes rude. Aes rude were impractical since they needed to be weighed for every transaction; they were eventually replaced with large cast objects that were round or rectangular called aes signatum. The first Roman coins were called denarius, and they were silver. The became the main currency in Rome.

    3. The Use of Coins Roman coins were used very often, through buying & selling, trading, and pay. Still many Romans used donkeys as the main currency. The whole Roman currency table was built upon the donkey. Here’s a table: Name Metal Values As bronze ----- Dupondius bronze or copper 2 asses Sestertius metal alloy 4 asses or 2 Dupondii Denarius silver alloy 16 asses, 8 Dupondii or 4 Sestertii Aureus gold 400 asses, 200 Dupondii, 100 Sestertii or 25 Denarii After the Second Punic War (i.e., after 201 BC).

    4. Figures on Coins The Roman coins had current emperor’s, or a god or goddess’s head on them. It might also have an inscription of the emperor’s name. Some coins depicted battle scenes. Depending of the value of the coin, it would either have a clean carving, or a cruder one. On reverse side of the coin, there may be a inscription like “Augustus our God”, or a carving of the figure doing something like riding dolphins or fighting a lion. By looking at the coin’s carvings, we can tell when it was made.

    5. Example Coins This (coin #1) is a very common copper coin of the Roman emperor Constantine the Great who ruled 307 to 337 AD. This coin is 23 millimeters in diameter (almost an inch, like a quarter, a dupondius). This one (coin #2) is a common silver coin the size of a dime (19 mm diameter, a denarius). The head is emperor Septimius Severus’s, 193-211 A.D.

    6.  FAQ Some don't look perfectly round. That is the result of the ancient minting technique. Coins were made by using a hammer to strike coin blanks. The pressure often caused the coin to stretch. What were they worth? Small coins were pretty valuable then. In Roman times, silver coins the size of a dime were worth $40 today. You could support a small family with one small silver coin. Aren't they very expensive? Most aren't. You can spend $100 or $500 on a great coin if you want, but many low-grade coins only cost $5-$15. Some of the most common can be found in good condition for $10 to $30.

    7. Biography http://esty.ancients.info/numis/ http://www.dl.ket.org/latin2/mores/currency/currency.htm http://en.wikipedia.org/wiki/Roman_currency

    8. Thank U

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