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<p>[QUOTE=&quot;dougsmit, post: 2005265, member: 19463&quot;]A lot of what we think about the denominations of this period is based on modern tests and theories since we have no records from the day.&nbsp; The reform put out as the main coin the AE1 follis which was silvered and contained silver at the start like the pre reform ants.&nbsp; They also issued two smaller denominations of which one was radiate and the smaller laureate.&nbsp; The theory I like allows these coins as 5, 2 and 1 units which we might call denarii but remember that silver coins the size of denarii from the period are now called argentii.&nbsp; No radiate coin with XXI is pre reform but a few of the folles did bear that silver mark.&nbsp; Some pre reform antoniniani lacked the XXI as well so it is not as simple as that.&nbsp; I wish we knew with more certainty how exchanges between the old and new coins were handled officially and on the black market but a lot of what I&#039;ve seen on the question strikes me as being based on assumptions I can not accept fully.[/QUOTE]</p><p><br /></p>

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