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<p>[QUOTE=&quot;seth77, post: 7952616, member: 56653&quot;]I think we can answer some of those questions, at least partially and with caveats, if we follow the modern countries that had an episode of hyperinflation and after a stabilization, the government decided to operate a denomination -- that is cut a number of zeros from the currency thus practically creating a new currency. You can follow this in Hungary in 1946-7, Israel in 1986 et al. The main difference is that while modern denominations scrape the board clean, Roman monetary reforms seem to have kept the denarius (denarii communes) as a money of account, at least for some time, and then time and again, with the actual petty coinage in use as a multiple of the denarius -- the radiate antoninianus, the &#039;new&#039; antoninianus in 274 (some call it the aurelianus), the reform of Diocletian of 294 introducing the follis/nummus (which kept the &#039;radiate fractions&#039; for some time, at the beginning, even mimicking the design of the &#039;aureliani&#039;), the 24/25 denarii and 12.5 denarii of the first half of the 320s etc. The continual devolution in terms of weight and size after 294/305 culminating with the one standard GLORIA EXERCITVS type and the votives of 342-7 was reset with the new &#039;centenionalis&#039; of 348 and the large &#039;double maiorinae&#039; of 352/3 and this system continued until ca. 365. In the 370s-380s the &#039;centenionalis&#039; was probably the small ca. 2g AE3 and the place of the previous &#039;double maiorina&#039; was taken by an AE2 similar in dimensions to the AE2 coinage of 348. This lasted until 395, when the large AE2 was discontinued. </p><p><br /></p><p>The silver introduced in 294 should have been a coin in the tradition of the old denarius (I think it was even struck with the finess of the denarius of the 1st century AD) but it was certainly not worth 1 denarius. It was also a functional coinage of the Tetrarchic military. In fact the silver and gold of the &#039;Dominate&#039; was very centralized and revolved almost exclusively around state affairs, while the public and market affairs were left to the copper-based, sometimes silvered coinage.[/QUOTE]</p><p><br /></p>

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