Read e-book online Money in the Late Roman Republic PDF

By David B Hollander

ISBN-10: 9004156496

ISBN-13: 9789004156494

Roman financial historical past has tended to target the research of Roman coinage yet different resources frequently functioned as, or instead of, funds. This e-book locations coinage in its broader financial context via additionally reading the function of bullion, monetary tools, and commodities resembling grain and wine in making funds, facilitating trade, measuring worth and storing wealth. using such resources diminished the call for for coinage in a few sectors of the financial system and is a vital consider making a choice on the influence of the massive elevate within the coin offer over the past century of the Republic. funds call for concept means that elevated coin creation ended in extra monetization, now not according to capita fiscal development.

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Crawford (1974) 672–3. 18 chapter two a total number of obverse dies for that issue. 17 By adding up these annual Àgures and factoring in an attrition rate (due to hoarding, destruction and the accidental loss of coins) it was then possible to graph the development of the Roman coin supply over time. 19 A number of scholars have raised doubts about the coin production calculations described above, but T. V. ”25 While absolute Àgures may be beyond reach, relative Àgures are not. Neither Crawford nor Hopkins claimed to have calculated exact numbers.

26 Hoards from Spain containing silver objects other than coin include: RRCH #75, 91, 94, 107, 181, 184, 188, 189, 193, 200, and 205. They mostly date to the late third and second century BCE. The following late Republican hoards from Romania with silver bullion or ornaments have come to light: RRCH #280, 321, 329, 331 and 456. 13. 28 Cic. Att. 3: te oro, ut in perditis rebus si quid cogi, conÀci potest quod sit in tuto, ex argento, [ves]te (quae satis multa est), supellectile, des operam. In this context argentum must refer to silver plate, not coinage.

Iunius Brutus on the reverse. 60 Howgego (1992) 5. See also: Nash (1978) 22. 61 Burnett and Crawford (1987) passim. 62 Access to gold was now too restricted. The concept of monetary zones may provide the most reasonable explanation for the pattern of gold issues under the Republic. e. the commercial monetary zone). Gold’s high value relative to equal weights of silver or bronze made it the most convenient means of transferring large sums. In contrast silver and bronze coins must have played a substantial role in Ànancing the army where many small payments were required.

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Money in the Late Roman Republic by David B Hollander


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