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<p>[QUOTE=&quot;David Atherton, post: 3628499, member: 82616&quot;]I&#039;m not sure where the author of this blog article got his information because it is factually incorrect on several points. </p><p><br /></p><p>The first major coinage reform was under Nero, not Domitian. Nero reduced the denarius to near 80% fine with his first reform and then raised it to around 90% with a second reform. Gradually during the civil war the finess fell. The denarii of Vespasian, Titus and Domitian (up to 82 AD) were struck at 80% fineness using the first Neronian standard. The imperial treasury that Vespasian inherited from Vitellius was in poor shape. By the time Titus rose to the purple the empire was on solid financial footing due to many of the tax measures (the famous urine tax for one) that Vespasian implemented. And of course because of Vespasian&#039;s frugality, which is legendary. </p><p><br /></p><p>Domitian&#039;s denarii averaged 80% fineness 80-82 pre reform, 100% fineness 82-85 during the reform, and 90% fineness 85-96 the remainder of the reign.[/QUOTE]</p><p><br /></p>

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