Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Ancient Idiots: Ask the Experts Anything....
>
Reply to Thread
Message:
<p>[QUOTE="Ignoramus Maximus, post: 4530254, member: 104741"]What a nice idea for a thread.</p><p><br /></p><p>I think I happily qualify as an ancient idiot (in doubt, just check my username<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />).</p><p><br /></p><p>So my question:</p><p><br /></p><p>Was the denarius really the basic monetary in Rome as is suggested in most sources/books? Like, say, the dollar or the Euro today? Both officially and in the daily life of the average citizen?</p><p><br /></p><p>Not only does its etymologically mean a 'tenner' (as in ten asses), suggesting the as as the original unit. But also, considering the purchasing power of a denarius and the average income of, say, a common soldier, wouldn't a denarius in his mind represent more like 50 or 100 todays dollar/euro and wouldn't he more likely think in terms of asses or even quadrantes?</p><p><br /></p><p> Interestingly, I also just finished reading Suetonius' '12 Ceasars', who, whenever he mentions money almost invariably uses sestertii and, save one or two exceptions,never denarii.</p><p><br /></p><p> - 'He (...) extracted an annual tribute of 40 million sesterces' (divus Julius 25.)</p><p><br /></p><p> - 'Every infantryman (...) earned a reward of 24.000 sesterces' (divus Julius 38.)</p><p> </p><p>- 'Suffice it to record that in less than a year he squandered Tiberius' entire fortune of 2.700 million sesterces, and an enormous amount of other treasure as besides'. ( Gaius Caligula 37. )</p><p><br /></p><p>etc.etc.etc.</p><p><br /></p><p>This could of course just be Suetonius' idiosyncracy, but the fact that he consequently uses sesterces even when talking about huge sums of money suggests that in his (and his contemperaries' ???) perception the sestertius and not the denarius or was the unit of (ac)counting.</p><p><br /></p><p>Simply put, if I were to buy myself a domus with a view of the Forum would this set me back 5 millon denarii or 20 million sestertii?</p><p>And, if I was less fortunate and had to serve in the regiments would I earn 300 denarii per annum or 1200 sesterces?</p><p><br /></p><p>Any thoughts anyone?[/QUOTE]</p><p><br /></p>
[QUOTE="Ignoramus Maximus, post: 4530254, member: 104741"]What a nice idea for a thread. I think I happily qualify as an ancient idiot (in doubt, just check my username:)). So my question: Was the denarius really the basic monetary in Rome as is suggested in most sources/books? Like, say, the dollar or the Euro today? Both officially and in the daily life of the average citizen? Not only does its etymologically mean a 'tenner' (as in ten asses), suggesting the as as the original unit. But also, considering the purchasing power of a denarius and the average income of, say, a common soldier, wouldn't a denarius in his mind represent more like 50 or 100 todays dollar/euro and wouldn't he more likely think in terms of asses or even quadrantes? Interestingly, I also just finished reading Suetonius' '12 Ceasars', who, whenever he mentions money almost invariably uses sestertii and, save one or two exceptions,never denarii. - 'He (...) extracted an annual tribute of 40 million sesterces' (divus Julius 25.) - 'Every infantryman (...) earned a reward of 24.000 sesterces' (divus Julius 38.) - 'Suffice it to record that in less than a year he squandered Tiberius' entire fortune of 2.700 million sesterces, and an enormous amount of other treasure as besides'. ( Gaius Caligula 37. ) etc.etc.etc. This could of course just be Suetonius' idiosyncracy, but the fact that he consequently uses sesterces even when talking about huge sums of money suggests that in his (and his contemperaries' ???) perception the sestertius and not the denarius or was the unit of (ac)counting. Simply put, if I were to buy myself a domus with a view of the Forum would this set me back 5 millon denarii or 20 million sestertii? And, if I was less fortunate and had to serve in the regiments would I earn 300 denarii per annum or 1200 sesterces? Any thoughts anyone?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Ancient Idiots: Ask the Experts Anything....
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...