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<p>[QUOTE="ancient coin hunter, post: 6360237, member: 87200"]Yes, it was important to keep the grain supply open between Egypt and Rome. Even today, Egypt offers subsidized bread at a nominal price, where a loaf of flatbread costs 5 piastres. There are 100 piastres to the Egyptian pound. Today the Egyptian pound according to the exchange rate for February 12th is worth $.064 dollars. If you do the math you can see that bread is basically free, and has driven the country's growth to over 100 million people.</p><p><br /></p><p>Phillip I the Arab.</p><p><br /></p><p>AR Antoninianus</p><p><br /></p><p>23mm 4.35 grams</p><p><br /></p><p>Obverse: Radiate, cuirassed bust. IMP M IVL PHILIPPVS AVG</p><p><br /></p><p>Reverse: Annona standing left, holding cornucopia, modius to left ANNONA AVGG</p><p><br /></p><p>Reference: RIC 28</p><p><br /></p><p>[ATTACH=full]1251771[/ATTACH]</p><p><br /></p><p>[ATTACH=full]1251799[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="ancient coin hunter, post: 6360237, member: 87200"]Yes, it was important to keep the grain supply open between Egypt and Rome. Even today, Egypt offers subsidized bread at a nominal price, where a loaf of flatbread costs 5 piastres. There are 100 piastres to the Egyptian pound. Today the Egyptian pound according to the exchange rate for February 12th is worth $.064 dollars. If you do the math you can see that bread is basically free, and has driven the country's growth to over 100 million people. Phillip I the Arab. AR Antoninianus 23mm 4.35 grams Obverse: Radiate, cuirassed bust. IMP M IVL PHILIPPVS AVG Reverse: Annona standing left, holding cornucopia, modius to left ANNONA AVGG Reference: RIC 28 [ATTACH=full]1251771[/ATTACH] [ATTACH=full]1251799[/ATTACH][/QUOTE]
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