|
Sestertius
The ''sestertius'' (plural ''sestertii''), or sesterce (plural sesterces), was an Ancient Rome, ancient Roman Roman currency, coin. During the Roman Republic it was a small, silver coin issued only on rare occasions. During the Roman Empire it was a large brass coin. The name ''sestertius'' means "two and one half", referring to its nominal value of two and a half ''as (Roman coin), asses'' (a bronze Roman coin, singular ''as''), a value that was useful for commerce because it was one quarter of a denarius, a coin worth ten ''asses''. The name is derived from ''semis'', "half" and "tertius", "third", in which "third" refers to the third ''as'': the sestertius was worth two full ''asses'' and half of a third. English-language sources routinely use the original Latin form ''sestertius'', plural ''sestertii''; but older literature frequently uses ''sesterce'', plural ''sesterces'', ''terce'' being the English equivalent of ''tertius''. A modern shorthand for values in sestertii i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sestertius Hostilian-s2771
The ''sestertius'' (plural ''sestertii''), or sesterce (plural sesterces), was an ancient Roman coin. During the Roman Republic it was a small, silver coin issued only on rare occasions. During the Roman Empire it was a large brass coin. The name ''sestertius'' means "two and one half", referring to its nominal value of two and a half '' asses'' (a bronze Roman coin, singular ''as''), a value that was useful for commerce because it was one quarter of a denarius, a coin worth ten ''asses''. The name is derived from ''semis'', "half" and "tertius", "third", in which "third" refers to the third ''as'': the sestertius was worth two full ''asses'' and half of a third. English-language sources routinely use the original Latin form ''sestertius'', plural ''sestertii''; but older literature frequently uses ''sesterce'', plural ''sesterces'', ''terce'' being the English equivalent of ''tertius''. A modern shorthand for values in sestertii is IIS (Unicode 𐆘), in which the Roman numer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roman Currency
Roman currency for most of Roman history consisted of gold, silver, bronze, orichalcum and copper coinage. From its introduction to the Republic, during the third century BC, well into Imperial times, Roman currency saw many changes in form, denomination, and composition. A persistent feature was the inflationary debasement and replacement of coins over the centuries. Notable examples of this followed the reforms of Diocletian. This trend continued into Byzantine times. Due to the economic power and longevity of the Roman state, Roman currency was widely used throughout western Eurasia and northern Africa from classical times into the Middle Ages. It served as a model for the currencies of the Muslim caliphates and the European states during the Middle Ages and the Modern Era. Roman currency names survive today in many countries, such as the Arabic dinar (from the ''denarius'' coin), the British pound, and the peso (both translations of the Roman '' libra''). Authority to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roman Empire
The Roman Empire ( la, Imperium Romanum ; grc-gre, Βασιλεία τῶν Ῥωμαίων, Basileía tôn Rhōmaíōn) was the post- Republican period of ancient Rome. As a polity, it included large territorial holdings around the Mediterranean Sea in Europe, North Africa, and Western Asia, and was ruled by emperors. From the accession of Caesar Augustus as the first Roman emperor to the military anarchy of the 3rd century, it was a Principate with Italia as the metropole of its provinces and the city of Rome as its sole capital. The Empire was later ruled by multiple emperors who shared control over the Western Roman Empire and the Eastern Roman Empire. The city of Rome remained the nominal capital of both parts until AD 476 when the imperial insignia were sent to Constantinople following the capture of the Western capital of Ravenna by the Germanic barbarians. The adoption of Christianity as the state church of the Roman Empire in AD 380 and the fall of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dupondius
The ''dupondius'' (Latin ''two-pounder'') was a brass coin used during the Roman Republic and Roman Empire valued at 2 asses (4/5 of a sestertius or 1/5 of a denarius during the Republic and 1/2 of a sestertius or 1/8 of a denarius during the time of Augustus). The dupondius was introduced during the Roman Republic as a large bronze cast coin, although even at introduction it weighed less than 2 Roman pounds (''librae''). The initial coins featured the bust of Roma on the obverse and a six-spoked wheel on the reverse. A loaf of bread or a sextarius (c. 0.5 L) of wine cost roughly one dupondius at the height of the Roman Empire, though due to the debasement of the denarius over the following century, the dupondius was discarded. With the coinage reform of Augustus in about 23 BC, the sestertius and dupondius were produced in a type of brass called orichalcum by the Romans and numismatists, while lower denominations were produced out of reddish copper. However, some dupondii wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vespasian
Vespasian (; la, Vespasianus ; 17 November AD 9 – 23/24 June 79) was a Roman emperor who reigned from AD 69 to 79. The fourth and last emperor who reigned in the Year of the Four Emperors, he founded the Flavian dynasty that ruled the Empire for 27 years. His fiscal reforms and consolidation of the empire generated political stability and a vast Roman building program. Vespasian was the first emperor from an equestrian family and only rose later in his lifetime into the senatorial rank as the first member of his family to do so. Vespasian's renown came from his military success; he was legate of Legio II Augusta during the Roman invasion of Britain in 43 and subjugated Judaea during the Jewish rebellion of 66. While Vespasian besieged Jerusalem during the Jewish rebellion, emperor Nero committed suicide and plunged Rome into a year of civil war known as the Year of the Four Emperors. After Galba and Otho perished in quick succession, Vitellius became emperor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ancient Rome
In modern historiography, ancient Rome refers to Roman civilisation from the founding of the city of Rome in the 8th century BC to the collapse of the Western Roman Empire in the 5th century AD. It encompasses the Roman Kingdom (753–509 BC), Roman Republic (509–27 BC) and Roman Empire (27 BC–476 AD) until the fall of the western empire. Ancient Rome began as an Italic settlement, traditionally dated to 753 BC, beside the River Tiber in the Italian Peninsula. The settlement grew into the city and polity of Rome, and came to control its neighbours through a combination of treaties and military strength. It eventually dominated the Italian Peninsula, assimilated the Greek culture of southern Italy (Magna Grecia) and the Etruscan culture and acquired an Empire that took in much of Europe and the lands and peoples surrounding the Mediterranean Sea. It was among the largest empires in the ancient world, with an estimated 50 to 90 million inhabitants, roughly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denarius
The denarius (, dēnāriī ) was the standard Roman silver coin from its introduction in the Second Punic War to the reign of Gordian III (AD 238–244), when it was gradually replaced by the antoninianus. It continued to be minted in very small quantities, likely for ceremonial purposes, until and through the Tetrarchy (293–313). The word ''dēnārius'' is derived from the Latin ''dēnī'' "containing ten", as its value was originally of 10 assēs.Its value was increased to 16 assēs in the middle of the 2nd century BC. The word for "money" descends from it in Italian (''denaro''), Slovene (''denar''), Portuguese (''dinheiro''), and Spanish (''dinero''). Its name also survives in the dinar currency. Its symbol is represented in Unicode as 𐆖 (U+10196), a numeral monogram that appeared on the obverse in the Republican period, denoting the 10 asses ("X") to 1 denarius ("I") conversion rate. However it can also be represented as X̶ (capital letter X with combining lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brass
Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other within the same crystal structure. Brass is similar to bronze, another copper alloy, that uses tin instead of zinc. Both bronze and brass may include small proportions of a range of other elements including arsenic (As), lead (Pb), phosphorus (P), aluminium (Al), manganese (Mn), and silicon (Si). Historically, the distinction between the two alloys has been less consistent and clear, and modern practice in museums and archaeology increasingly avoids both terms for historical objects in favor of the more general " copper alloy". Brass has long been a popular material for decoration due to its bright, gold-like appearance; being used for drawer pulls and doorknobs. It has also been widely used to make utensils because of its low melti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antoninianus
The ''antoninianus'' or pre-reform radiate, was a coin used during the Roman Empire thought to have been valued at 2 denarii. It was initially silver, but was slowly debased to bronze with a minimal silver content. The coin was introduced by Caracalla in early 215 AD. It was silver, similar to the denarius except that it was slightly larger and featured the emperor wearing a radiate crown, indicating it was a double denomination. Antoniniani depicting women (usually the emperor's wife) featured the bust resting upon a crescent moon. Even at its introduction, the silver content of the antoninianus was only equal to 1.5 denarii. This created inflation: people rapidly hoarded the denarii (Gresham's law), while both buyers and sellers recognized the new coin had a lower intrinsic value and elevated their prices to compensate. Silver bullion supplies began running short because the Roman Empire was no longer conquering new territory, the Iberian silver mines had been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debasement
A debasement of coinage is the practice of lowering the intrinsic value of coins, especially when used in connection with commodity money, such as gold or silver coins. A coin is said to be debased if the quantity of gold, silver, copper or nickel in the coin is reduced. Example In Roman currency, the value of the denarius was gradually decreased over time as the Roman government altered both the size and the silver content of the coin. Originally, the silver used was nearly pure, weighing about 4.5 grams. From time to time, this was reduced. During the Julio-Claudian dynasty, the denarius contained approximately 4 grams of silver, and then was reduced to 3.8 grams under Nero. The denarius continued to shrink in size and purity, until by the second half of the third century, it was only about 2% silver, and was replaced by the Argenteus. Effects Debasement lowers the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orichalcum
Orichalcum or aurichalcum is a metal mentioned in several ancient writings, including the story of Atlantis in the ''Critias'' of Plato. Within the dialogue, Critias (460–403 BC) claims that orichalcum had been considered second only to gold in value and had been found and mined in many parts of Atlantis in ancient times, but that by Critias's own time orichalcum was known only by name. Orichalcum may have been a noble metal such as platinum, as it was supposed to be mined, or one type of bronze or brass or possibly some other metal alloy. Overview The name is derived from the Greek , ' (from , ', mountain and , ', copper), meaning literally "mountain copper". The Romans transliterated "orichalcum" as "aurichalcum", which was thought to mean literally "gold copper". It is known from the writings of Cicero that the metal which they called orichalcum resembled gold in color but had a much lower value. In Virgil's ''Aeneid'', the breastplate of Turnus is described as "sti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
