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Why Few Roman Silver Coins Greater Than the Denarius?
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<p>[QUOTE="medoraman, post: 4295964, member: 26302"]Interesting question. I think the Romans had such an array of smaller coins, from small copper up to denarius, because this was the major needs. Small copper to denarius were usable for daily needs, with long term savings, if a person had such a thing, converted to gold. </p><p><br /></p><p>From what I have read, small copper to denarius very roughly would cover up to around $50 in modern value. Well, that is what a normal person would generally spend, especially remembering ancient people were much poorer overall than modern western societies. So I simply believe they weren't needed in commerce. We used to have $1000 and $500 bills, ($10,000 and $5,000 as well), but even if they circulated today, how often would you use them? Romans were practical people, they made coins needed and not any for "glory".[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4295964, member: 26302"]Interesting question. I think the Romans had such an array of smaller coins, from small copper up to denarius, because this was the major needs. Small copper to denarius were usable for daily needs, with long term savings, if a person had such a thing, converted to gold. From what I have read, small copper to denarius very roughly would cover up to around $50 in modern value. Well, that is what a normal person would generally spend, especially remembering ancient people were much poorer overall than modern western societies. So I simply believe they weren't needed in commerce. We used to have $1000 and $500 bills, ($10,000 and $5,000 as well), but even if they circulated today, how often would you use them? Romans were practical people, they made coins needed and not any for "glory".[/QUOTE]
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