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<p>[QUOTE="dougsmit, post: 1004851, member: 19463"]The concept of what an ancient coin was worth 'back then' is often asked and rarely answered to the satisfaction of the one who asked. I have offended people by being unable to provide the exchange rate they were seeking. I recall a high school Latin group publishing a newspaper wanting to know how much to print on it as a price but even the smallest Roman denomination seemed too much. We can provide a statistic like a denarius was a day's pay for a soldier so that makes a denarius between $40 and $100 depending on whose soldier and when you asked. I believe the current private E-1 (as low as you go) makes about $48 a day. I have never even thought how much it would cost to buy a house or, worse, land even if talking about a culture where land could be sold. </p><p> </p><p>In 443 AD Rome paid the Huns 120 Roman pounds of gold to keep them from being a problem ("foreign aid"). That works out to 150,000 solidi which of the most common variety currently sells for under $1000 each but lets just take it as 150 million dollars which, by modern foreign aid standards, made the Huns a real bargain.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1004851, member: 19463"]The concept of what an ancient coin was worth 'back then' is often asked and rarely answered to the satisfaction of the one who asked. I have offended people by being unable to provide the exchange rate they were seeking. I recall a high school Latin group publishing a newspaper wanting to know how much to print on it as a price but even the smallest Roman denomination seemed too much. We can provide a statistic like a denarius was a day's pay for a soldier so that makes a denarius between $40 and $100 depending on whose soldier and when you asked. I believe the current private E-1 (as low as you go) makes about $48 a day. I have never even thought how much it would cost to buy a house or, worse, land even if talking about a culture where land could be sold. In 443 AD Rome paid the Huns 120 Roman pounds of gold to keep them from being a problem ("foreign aid"). That works out to 150,000 solidi which of the most common variety currently sells for under $1000 each but lets just take it as 150 million dollars which, by modern foreign aid standards, made the Huns a real bargain.[/QUOTE]
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