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what does S C mean on a Roman coin?
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<p>[QUOTE="Sulla80, post: 4860558, member: 99456"]Both good questions - there were different denominations:</p><p>e.g. Aureus, Denarius, Quinarius, Sestertius, Dupondius, As, Semis</p><p>with multiple ancient systems that changed and differed over time and between ancient locations/governments.</p><p><br /></p><p>"what would it buy" is also a good question and not an easy one to answer specifically for Antioch or your coin. Here's a good page on the subject:</p><p><a href="https://www.forumancientcoins.com/numiswiki/view.asp?key=Ancient%20Wages%20and%20Prices" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.forumancientcoins.com/numiswiki/view.asp?key=Ancient%20Wages%20and%20Prices" rel="nofollow">https://www.forumancientcoins.com/numiswiki/view.asp?key=Ancient Wages and Prices</a></p><p><br /></p><p>It would take 20 of your coin to equal a silver denarius and for rough estimates a denarius and a drachm can be consider roughly equivalent. For an idea of scale of what you could buy, <b>I would guess that you could buy an afternoon snack with your coin (4-5 modern slices of bread)</b>. It will be interesting to hear other estimates.</p><p><br /></p><p>Here's a table of purchasing power/income needs in Ancient Egypt from two periods (Period 1 = late 1st century to AD 160 - period for your coin) and (Period 2 = AD 190-270). The article illustrates all the assumptions that have to be made to estimate buying power.</p><p><br /></p><p><b>Ref: </b>Scheidel, Walter. “<a href="http://www.jstor.org/stable/20789801" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.jstor.org/stable/20789801" rel="nofollow">Real Wages in Early Economies: Evidence for Living Standards from 1800 BCE to 1300 CE.</a>” <i>Journal of the Economic and Social History of the Orient</i>, vol. 53, no. 3, 2010, pp. 425–462</p><p>[ATTACH=full]1173798[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Sulla80, post: 4860558, member: 99456"]Both good questions - there were different denominations: e.g. Aureus, Denarius, Quinarius, Sestertius, Dupondius, As, Semis with multiple ancient systems that changed and differed over time and between ancient locations/governments. "what would it buy" is also a good question and not an easy one to answer specifically for Antioch or your coin. Here's a good page on the subject: [URL='https://www.forumancientcoins.com/numiswiki/view.asp?key=Ancient%20Wages%20and%20Prices']https://www.forumancientcoins.com/numiswiki/view.asp?key=Ancient Wages and Prices[/URL] It would take 20 of your coin to equal a silver denarius and for rough estimates a denarius and a drachm can be consider roughly equivalent. For an idea of scale of what you could buy, [B]I would guess that you could buy an afternoon snack with your coin (4-5 modern slices of bread)[/B]. It will be interesting to hear other estimates. Here's a table of purchasing power/income needs in Ancient Egypt from two periods (Period 1 = late 1st century to AD 160 - period for your coin) and (Period 2 = AD 190-270). The article illustrates all the assumptions that have to be made to estimate buying power. [B]Ref: [/B]Scheidel, Walter. “[URL='http://www.jstor.org/stable/20789801']Real Wages in Early Economies: Evidence for Living Standards from 1800 BCE to 1300 CE.[/URL]” [I]Journal of the Economic and Social History of the Orient[/I], vol. 53, no. 3, 2010, pp. 425–462 [ATTACH=full]1173798[/ATTACH][/QUOTE]
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