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How long could a Roman survive in Caesar’s time on a single Aureus?
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<p>[QUOTE="hotwheelsearl, post: 5007995, member: 75143"]G:S ratios have fluctuated somewhat over the years. Not so long ago gold was $400/oz. now it’s almost $2000</p><p><br /></p><p>The ancients were much more in tune with precious metal ratios than modern people are, so their ratios make sense.</p><p><br /></p><p>by the way, wanna know the origin of the large-sized US cent? Till 1933 america was in the gold standard, and until</p><p>1964 the silver.</p><p><br /></p><p>when large size cents (half dollar sized) were first produced in the 1700s they were sized thus that they had enough copper to be worth 1/100 of a silver dollar.</p><p><br /></p><p>this can be shifted back, where the bronze Sestertius was MUCH larger than the silver Denarius, despite having much less buying power.</p><p><br /></p><p>all things considered, although gold has changed in VALUE, I would argue that it’s ultimate buying power has stayed relatively constant, proportionally, all things considered.[/QUOTE]</p><p><br /></p>
[QUOTE="hotwheelsearl, post: 5007995, member: 75143"]G:S ratios have fluctuated somewhat over the years. Not so long ago gold was $400/oz. now it’s almost $2000 The ancients were much more in tune with precious metal ratios than modern people are, so their ratios make sense. by the way, wanna know the origin of the large-sized US cent? Till 1933 america was in the gold standard, and until 1964 the silver. when large size cents (half dollar sized) were first produced in the 1700s they were sized thus that they had enough copper to be worth 1/100 of a silver dollar. this can be shifted back, where the bronze Sestertius was MUCH larger than the silver Denarius, despite having much less buying power. all things considered, although gold has changed in VALUE, I would argue that it’s ultimate buying power has stayed relatively constant, proportionally, all things considered.[/QUOTE]
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