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Why no more provincials?
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<p>[QUOTE="Finn235, post: 7932791, member: 98035"]I believe that between Gallienus and Claudius II, the coinage output of Rome was mostly outsourced to provincial mints.</p><p><br /></p><p>I imagine that local exchange rates were probably fixed, e.g. 1 Antoninianus = N Assaria or whatever local equivalent. Given that the antoninianus was nominally worth 8 sesterces even as fineness fell under 2%, it just made sense to make imperial coins that consumed much less raw materials.</p><p><br /></p><p>I had read somewhere (forget where) that in addition to wanting Alexandria on the same standard as the rest of the empire, Diocletian also ended the tetradrachm there as punishment for the usurpation of Domitius Domitianus.</p><p><br /></p><p>I have also heard it argued that the coinage of Rhescuporis V of Bosporus (ca 325) could be counted as the last provincial coins, as they feature Constantine and/or Licinius on them.[/QUOTE]</p><p><br /></p>
[QUOTE="Finn235, post: 7932791, member: 98035"]I believe that between Gallienus and Claudius II, the coinage output of Rome was mostly outsourced to provincial mints. I imagine that local exchange rates were probably fixed, e.g. 1 Antoninianus = N Assaria or whatever local equivalent. Given that the antoninianus was nominally worth 8 sesterces even as fineness fell under 2%, it just made sense to make imperial coins that consumed much less raw materials. I had read somewhere (forget where) that in addition to wanting Alexandria on the same standard as the rest of the empire, Diocletian also ended the tetradrachm there as punishment for the usurpation of Domitius Domitianus. I have also heard it argued that the coinage of Rhescuporis V of Bosporus (ca 325) could be counted as the last provincial coins, as they feature Constantine and/or Licinius on them.[/QUOTE]
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Why no more provincials?
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