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<p>[QUOTE="Terence Cheesman, post: 4117303, member: 86498"]EWC 3 does ask a question about the gold coinage of the Roman Empire. While it is true the Romans maintained the purity of the gold coinage they did not maintain the weight. Thus </p><p>Augustus to Nero 7.9 grms</p><p>Nero Reform 7.39 grms</p><p>Domitian briefly raised the standard back to 7.9 but later dropped it to 7.55 grms</p><p>Trajan to Commodus 7.25 grms</p><p>Didius Julianus 6.82 grms</p><p>Septimius Severus 7.39 grms</p><p>Caracalla (215 A.D) 6.54 grms</p><p>Gordian III 4.86 grms</p><p>Trajan Decius 4.00 grms</p><p>Gallus 3.60 grms</p><p>Gallienus 2.50 grms down to 1.10 grms </p><p>Data collected from RAG Carson "Coins of the Roman Empire " pp 229 to 233. In the same book Carson postulates that there were two reductions of the value of the silver coinage one during the reign of Severus Alexander where the denarius was reduced by half and one under Trajan Decius where the antoninianus was reduced by half. This would make the antoninianus the equivalent of a silver quinarius and the denarius the same as a sestertius. I have not heard much commentary on this theory but the chaos in the silver coinage especially would make the more stable aes coinage a more attractive means of storing wealth. A recent article in NC 2014 by Colin Elliot suggests that the crises came very quickly. This is more or less the norm and may have had something to do with the collapse of both gold and silver coinages during the sole reign of Gallienius. </p><p>Reduced Aureus of Gallienus 266-267 A.D. Rome Rv Securitas standing left RIC 118 Gobl 670b This coin 1.43 grms 18 mm very thin.[ATTACH=full]1067934[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Terence Cheesman, post: 4117303, member: 86498"]EWC 3 does ask a question about the gold coinage of the Roman Empire. While it is true the Romans maintained the purity of the gold coinage they did not maintain the weight. Thus Augustus to Nero 7.9 grms Nero Reform 7.39 grms Domitian briefly raised the standard back to 7.9 but later dropped it to 7.55 grms Trajan to Commodus 7.25 grms Didius Julianus 6.82 grms Septimius Severus 7.39 grms Caracalla (215 A.D) 6.54 grms Gordian III 4.86 grms Trajan Decius 4.00 grms Gallus 3.60 grms Gallienus 2.50 grms down to 1.10 grms Data collected from RAG Carson "Coins of the Roman Empire " pp 229 to 233. In the same book Carson postulates that there were two reductions of the value of the silver coinage one during the reign of Severus Alexander where the denarius was reduced by half and one under Trajan Decius where the antoninianus was reduced by half. This would make the antoninianus the equivalent of a silver quinarius and the denarius the same as a sestertius. I have not heard much commentary on this theory but the chaos in the silver coinage especially would make the more stable aes coinage a more attractive means of storing wealth. A recent article in NC 2014 by Colin Elliot suggests that the crises came very quickly. This is more or less the norm and may have had something to do with the collapse of both gold and silver coinages during the sole reign of Gallienius. Reduced Aureus of Gallienus 266-267 A.D. Rome Rv Securitas standing left RIC 118 Gobl 670b This coin 1.43 grms 18 mm very thin.[ATTACH=full]1067934[/ATTACH][/QUOTE]
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