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<p>[QUOTE="Andrew McCabe, post: 4899645, member: 90666"]1/2 days pay in late Republic (but a denarius 1st c BC had about double he silver as in 2nd c AD). </p><p><br /></p><p>A day's pay for a soldier was worth about $10 in todays terms. We can pretty accurately calculate what a day pay is worth based on evidence of the commodities a soldier would and did buy in ancient times. We know what very basic, bulk-buy volume, wheat, oil, wine, cheese and vegetables, with occasional bits of bacon or whatever, cost today. About $3 to $5 for a day's nutrition. Soldiers were paid more than subsistence (else why do it), and it seems from ancient records, about enough to pay for two or three days supply with 1 day wage (rest left for fun, clothes, barbers laundry etc). So on that basis, a soldier's pay was about $10/ day. Equates to basic incomes of semi skilled jobs in large low tech countries such as India, Brazil or Nigeria today.</p><p><br /></p><p>From that you can work back to todays value of ancient coins. </p><p><br /></p><p>I reckon $20 for a late Republican denarius (when soldiers were paid 183 denarii per year). Probably same value in mid Empire (when they received more denarii but with less silver in each)[/QUOTE]</p><p><br /></p>
[QUOTE="Andrew McCabe, post: 4899645, member: 90666"]1/2 days pay in late Republic (but a denarius 1st c BC had about double he silver as in 2nd c AD). A day's pay for a soldier was worth about $10 in todays terms. We can pretty accurately calculate what a day pay is worth based on evidence of the commodities a soldier would and did buy in ancient times. We know what very basic, bulk-buy volume, wheat, oil, wine, cheese and vegetables, with occasional bits of bacon or whatever, cost today. About $3 to $5 for a day's nutrition. Soldiers were paid more than subsistence (else why do it), and it seems from ancient records, about enough to pay for two or three days supply with 1 day wage (rest left for fun, clothes, barbers laundry etc). So on that basis, a soldier's pay was about $10/ day. Equates to basic incomes of semi skilled jobs in large low tech countries such as India, Brazil or Nigeria today. From that you can work back to todays value of ancient coins. I reckon $20 for a late Republican denarius (when soldiers were paid 183 denarii per year). Probably same value in mid Empire (when they received more denarii but with less silver in each)[/QUOTE]
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