Ancient Roman IOUs Found

Discussion in 'Ancient Coins' started by Mat, Jun 1, 2016.

  1. Mat

    Mat Ancient Coincoholic

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  3. Orfew

    Orfew Draco dormiens nunquam titillandus

    Great article Mat, I really enjoyed it. If I had to choose another career I would not mind doing that for a living.
     
  4. zumbly

    zumbly Ha'ina 'ia mai ana ka puana

    Enjoyable article, thanks for sharing. I note with dismay that I don't own enough denarii to pay off Tibullus's debt. I need more coins!
     
  5. chrsmat71

    chrsmat71 I LIKE TURTLES!

    i was going to post that...you beat me to it! :woot:

    neat hu?
     
  6. Sallent

    Sallent Live long and prosper

    "I, Tibullus, the freedman of Venustus have written and say that I owe Gratus, the freedman of Spurius, 105 denarii from the price of merchandise which has been sold and delivered …"

    For the modern legal perspective, that is what we would call today "account stated" and would be a fairly straight forward case to prove should it go to court in light of the evidence. I hope this was not the ancient equivalent of a dead beat debtor. I hear the Romans didn't believe in bankruptcy and I imagine their methods of recovering were probably barbaric by today's standards (ie. selling yourself as a gladiator to pay your debts).
     
  7. Kentucky

    Kentucky Supporter! Supporter

    I bet Doug has enough!
     
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  8. David Atherton

    David Atherton Flavian Fanatic

    Thank you for sharing this!
    Mary Beard in her book SPQR speculated that there was possibly some form of sophisticated 'paper transactions' that underpinned the Roman financial economy. In other words, the Romans didn't cart around 'truck loads' of denarii to pay for houses and other large purchases. These 'IOU' tablets go a long way to show she may be correct.
     
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  9. Pishpash

    Pishpash Well-Known Member

    Currently reading this book, recommended.
     
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  10. Mat

    Mat Ancient Coincoholic

    Finished it awhile ago, enjoyable. As was her tv special.
     
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  11. Pishpash

    Pishpash Well-Known Member

    She has done a few documentaries. I like her style, quite refreshing.
     
  12. Mat

    Mat Ancient Coincoholic

    Yup, been watching her for several years. Have to download the stuff though.

    I also watch Bettany Hughes & Suzannah Lipscomb specials as well.
     
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