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Hyperpyron
The ''hyperpyron'' ( ''nómisma hypérpyron'') was a Byzantine coin in use during the late Middle Ages, replacing the '' solidus'' as the Byzantine Empire's gold coinage. History The traditional gold currency of the Byzantine Empire had been the '' solidus'' or '' nomisma'', whose gold content had remained steady at 24 carats for seven centuries and was consequently highly prized. From the 1030s, however, the coin was increasingly debased, until in the 1080s, following the military disasters and civil wars of the previous decade, its gold content was reduced to almost zero. Consequently, in 1092, Emperor Alexios I Komnenos ( 1081–1118) undertook a drastic overhaul of the Byzantine coinage system and introduced a new gold coin, the ''hyperpyron'' (meaning "super-refined"). This was of the same standard weight (4.45 grams) as the ''solidus'', but only 20.5 carat purity instead of 24, resulting in a reduced gold content of only 4.1 grams instead of 4.8 grams. The lower purity wa ...
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Byzantine Coinage
Byzantine currency, money used in the Eastern Roman Empire after the fall of the West, consisted of mainly two types of coins: the gold solidus and a variety of clearly valued bronze coins. By the end of the empire the currency was issued only in silver stavrata and minor copper coins with no gold issue. The East Roman or Byzantine Empire established and operated several mints throughout its history. Aside from the main metropolitan mint in the capital, Constantinople, a varying number of provincial mints were also established in other urban centres, especially during the 6th century. Most provincial mints except for Syracuse were closed or lost to invasions by the mid-7th century. After the loss of Syracuse in 878, Constantinople became the sole mint for gold and silver coinage until the late 11th century, when major provincial mints began to re-appear. Many mints, both imperial and, as the Byzantine world fragmented, belonging to autonomous local rulers, were operated in the ...
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Solidus (coin)
The ''solidus'' (Latin 'solid';  ''solidi'') or nomisma ( grc-gre, νόμισμα, ''nómisma'',  'coin') was a highly pure gold coin issued in the Late Roman Empire and Byzantine Empire. Constantine introduced the coin, and its weight of about 4.5 grams remained relatively constant for seven centuries. In the Byzantine Empire, the solidus or nomisma remained a highly pure gold coin until the 11th century, when several Byzantine emperors began to strike the coin with less and less gold. The nomisma was finally abolished by Alexius I in 1092, who replaced it with the hyperpyron, which also came to be known as a "bezant". The Byzantine solidus also inspired the originally slightly less pure dinar issued by the Muslim Caliphate. In Western Europe, the solidus was the main gold coin of commerce from late Roman times to Pepin the Short's currency reform, which introduced the silver-based pound/ shilling/ penny system. In Late Antiquity and the Middle Ages, the sol ...
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Alexios I Komnenos
Alexios I Komnenos ( grc-gre, Ἀλέξιος Κομνηνός, 1057 – 15 August 1118; Latinized Alexius I Comnenus) was Byzantine emperor from 1081 to 1118. Although he was not the first emperor of the Komnenian dynasty, it was during his reign that the Komnenos family came to full power and initiated a hereditary succession to the throne. Inheriting a collapsing empire and faced with constant warfare during his reign against both the Seljuq Turks in Asia Minor and the Normans in the western Balkans, Alexios was able to curb the Byzantine decline and begin the military, financial, and territorial recovery known as the Komnenian restoration. His appeals to Western Europe for help against the Turks was the catalyst that sparked the First Crusade. Biography Alexios was the son of John Komnenos and Anna Dalassene,Kazhdan 1991, p. 63 and the nephew of Isaac I Komnenos (emperor 1057–1059). Alexios' father declined the throne on the abdication of Isaac, who was t ...
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Bezant
In the Middle Ages, the term bezant (Old French ''besant'', from Latin ''bizantius aureus'') was used in Western Europe to describe several gold coins of the east, all derived ultimately from the Roman ''solidus''. The word itself comes from the Greek Byzantion, ancient name of Constantinople, the capital of the Byzantine Empire. The original "bezants" were the gold coins produced by the government of the Byzantine Empire, first the '' nomisma'' and from the 11th century the ''hyperpyron''. Later, the term was used to cover the gold dinars produced by Islamic governments. In turn, the gold coins minted in the Kingdom of Jerusalem and County of Tripoli were termed "Saracen bezants", since they were modelled on the gold dinar. A completely different electrum coin based on Byzantine ''trachea'' was minted in the Kingdom of Cyprus and called the "white bezant". The term "bezant" in reference to coins is common in sources from the 10th through 13th centuries. Thereafter, it is mainl ...
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Tetarteron
The ''tetarteron'' ( el, �όμισματεταρτηρόν, "quarter oin) was a Byzantine term applied to two different coins, one gold circulating from the 960s to 1092 in parallel to the ''histamenon'', and one copper used from 1092 to the second half of the 13th century. Gold coin Ever since Emperor Constantine I (r. 306–337), the Byzantine Empire's main coinage had been the high-quality ''solidus'' or ''nomisma'', which had remained standard in weight and gold content through the centuries. The Emperor Nikephoros II Phokas (r. 963–969), however, introduced a new coin which was a 2 carats (i.e. about 1⁄12, despite its name) lighter than the original ''nomisma'', which now became known as the ''histamenon''... The exact reason for the introduction of the ''tetarteron'' is unclear. According to the historian Zonaras, this was done to increase state revenues: the taxes were to be paid as before in the ''histamenon'', while the state paid its own expenses in the less valuab ...
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Komnenian Period
The Byzantine Empire was ruled by emperors of the Komnenos dynasty for a period of 104 years, from 1081 to about 1185. The ''Komnenian'' (also spelled ''Comnenian'') period comprises the reigns of five emperors, Alexios I, John II, Manuel I, Alexios II and Andronikos I. It was a period of sustained, though ultimately incomplete, restoration of the military, territorial, economic and political position of the Byzantine Empire. Byzantium under the Komnenoi played a key role in the history of the Crusades in the Holy Land, while also exerting enormous cultural and political influence in Europe, the Near East, and the lands around the Mediterranean Sea. The Komnenian emperors, particularly John and Manuel, exerted great influence over the Crusader states of Outremer, whilst Alexios I played a key role in the course of the First Crusade, which he helped bring about. Moreover, it was during the Komnenian period that contact between Byzantium and the 'Latin' Christian West, includin ...
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Basilikon
The ''basilikon'' ( el, βασιλικόν �όμισμα}, "imperial oin), commonly also referred to as the (Greek: δουκάτον), was a widely circulated Byzantine silver coin of the first half of the 14th century. Its introduction marked the return to a wide-scale use of silver coinage in the Byzantine Empire, and presaged the total abandonment of the gold coins around the middle of the century. History The ''basilikon'' was introduced shortly before 1304 by Emperor Andronikos II Palaiologos (r. 1282–1328), in direct imitation of the Venetian silver ducat or '' grosso'', chiefly to pay the mercenaries of the Catalan Company... The Byzantine coin closely followed the iconography of the Venetian model, with a seated Christ on the obverse and the two standing figures of Andronikos II and his son and co-emperor Michael IX Palaiologos (r. 1294–1320) replacing St. Mark and the Doge of Venice on the reverse. The similarity was reinforced by the name of the new coin: the ''du ...
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Andronikos II Palaiologos
, image = Andronikos II Palaiologos2.jpg , caption = Miniature from the manuscript of George Pachymeres' ''Historia'' , succession = Byzantine emperor , reign = 11 December 1282 –24 May 1328 , coronation = 8 November 1272 , cor-type1 = Coronation , regent = Michael IX Palaiologos , reg-type = Co-emperor , predecessor = Michael VIII Palaiologos (alone) , successor = Andronikos III Palaiologos , spouse = Anna of Hungary Yolande of Montferrat , issue = Michael IX PalaiologosConstantine Palaiologos John Palaiologos Theodore I, Marquis of Montferrat Demetrios Palaiologos Simonis (Simonida Nemanjić), Queen of SerbiaIrene Palaiologina (wife of John II Doukas), Sebastokratorissa of Thessaly , issue-link = #Family , issue-pipe = more... , dynasty = Palaiologos , father = Michael VIII Palaiologos , mother = Theodora Palaiologina , birth_date = 25 March 1259 , birth_place = Nicaea, Empire of ...
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Byzantine Empire
The Byzantine Empire, also referred to as the Eastern Roman Empire or Byzantium, was the continuation of the Roman Empire primarily in its eastern provinces during Late Antiquity and the Middle Ages, when its capital city was Constantinople. It survived the fragmentation and fall of the Western Roman Empire in the 5th century AD and continued to exist for an additional thousand years until the fall of Constantinople to the Ottoman Empire in 1453. During most of its existence, the empire remained the most powerful economic, cultural, and military force in Europe. The terms "Byzantine Empire" and "Eastern Roman Empire" were coined after the end of the realm; its citizens continued to refer to their empire as the Roman Empire, and to themselves as Romans—a term which Greeks continued to use for themselves into Ottoman times. Although the Roman state continued and its traditions were maintained, modern historians prefer to differentiate the Byzantine Empire from Ancient Rome a ...
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Serbian Perper
The first mention of a "Serbian dinar" dates back to the reign of Stefan Nemanjić in 1214. Until the fall of the Serbian Despotate in 1459, most of the Serbian rulers minted silver dinar coins. The first Serbian dinars, like many other Southern European coins, replicated Venetian grosso, including characters in Latin (the word ''dux'' replaced with the word ''rex''). For many years it was one of the main export articles of medieval Serbia, considering the relative abundance of silver coming from Serbian mines. Venetians were weary of this, and Dante Alighieri went so far as to put the Serbian king of his time, Stefan Milutin, in Hell as forgerer (along with his Portuguese and Norwegian counterparts): Emperor Stefan Dušan adopted the Byzantine ''hyperpyron'' (perper), a large unit of currency: the imperial tax was one perper per year per house.Vladimir ĆorovićИсторија српског народа: V. Gallery Coin of Stefan Uroš I.jpg, Dinar of Stefan Uroš I (r. 12 ...
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Michael VIII Palaiologos
Michael VIII Palaiologos or Palaeologus ( el, Μιχαὴλ Δούκας Ἄγγελος Κομνηνὸς Παλαιολόγος, Mikhaēl Doukas Angelos Komnēnos Palaiologos; 1224 – 11 December 1282) reigned as the co-emperor of the Empire of Nicaea from 1259 to 1261, and as Byzantine emperor from 1261 until his death in 1282. Michael VIII was the founder of the Palaiologan dynasty that would rule the Byzantine Empire until the Fall of Constantinople in 1453. He recovered Constantinople from the Latin Empire in 1261 and transformed the Empire of Nicaea into a restored Byzantine Empire. His reign saw considerable recovery of Byzantine power, including the enlargement of the Byzantine army and navy. It would also include the reconstruction of the city of Constantinople, and the increase of its population. Additionally, he re-established the University of Constantinople, which led to what is regarded as the Palaiologan Renaissance between the 13th and 15th centuries. I ...
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Assarion
The ' (plural '), occasionally ''assarius'' (plural ''assarii'', rendered into Greek as , ''assárion'') was a bronze, and later copper, coin used during the Roman Republic and Roman Empire. Republican era coinage The Romans replaced the usage of Greek coins, first by bronze ingots, then by disks known as the aes rude. The system thus named ''as'' was introduced in ca. 280 BC as a large cast bronze coin during the Roman Republic. The following fractions of the were also produced: the (), (), (), (), (), (), (, also a common weight unit), and (), as well as multiples of the ''as'', the (2), (2), and (3) After the ''as'' had been issued as a cast coin for about seventy years, and its weight had been reduced in several stages, a ''as'' was introduced (meaning that it weighed one-sixth of a pound). At about the same time a silver coin, the denarius, was also introduced. Earlier Roman silver coins had been struck on the Greek weight standards that facilitated their ...
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