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Although I'm no expert (and that's obvious ), I think the archaeological evidence (which is quite extensive) supports the theory that gold coinage wasn't produced before this period (the Second Punic War 218-202 B.C.). In fact, gold coinage made in Rome stopped after the end of the Second Punic War and didn't resume until the time of Sulla, more than a century later. Let me plagiarize from Kenneth Harl's book Coinage in the Roman Economy: 300 B.C. to A.D. 700 Gold was not thought necessary for trade and commerce in Ancient Rome, especially after the introduction of silver coinage. Harl quotes Livy as stating that 269/268 B.C. "was the first time the Roman people began to use silver coins" (p. 26). By the first year of the Second Punic War, Rome faced a severe shortage of silver, requiring the lowering of the silver content of coins from 97% to 91%. (p. 30) This could have been one of the pressures for the creation of gold coinage. Romans thought silver was the preferred medium of exchange and the preferred store of value (and not gold). How many of us today think in terms of platinum or palladium coins, despite their high value? In many ancient societies, bartering was still an important part of trade. Stored or implied value was to be found in things other than gold coinage. Harl writes, "Etruscan towns, the most sophisticated centers in Italy during the 6th and 5th centuries B.C. never struck gold or silver coins even though they had extensive trade with the Greeks and Carthaginians. Etruscans reserved gold and silver...for plate and jewelry." (p.21) [Harl is probably incorrect in this assertion. Although bronze was the typical Etruscan coinage found, silver and gold coins attributed to the Etruscans have now been found. These silver and gold coins are in the coastal regions, possibly indicative of the exposure to the Greek and Hellenistic influences of gold and silver coinage. The point of this assertion, however, was that Etruscans did not think of silver and gold coinage as essential to their economy.] According to Harl, Rome preferred silver for their coins and viewed gold as a "regal medal better dedicated to the gods." "The [early] Republic, with no need to hire mercenaries and with limited long distance trade, could afford to dispense with an international gold currency." (p.49) Addendum: An interesting blog about the philosphy of gold, also quoting Harl's book: http://seekingalpha.com/article/22732-why-...stand-inflation
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I'm not a soccer fan. In fact, I'd rather watch two men fish than watch the World Cup finals. That said, I'm hoping the best for the Dutch team. The Dutch have a long history of conflict against Spain. Fortunately, the Dutch prevailed in their war against Spain in the 1500s-1600s. Had the Dutch lost, Europe today might be like the modern Middle East, plagued with religious and racial hatred and violence. They won, however, allowing the first modern nation republic to survive. Hopefully, they will be successful, again. Ironically, I was in Argentina in 1978 when Argentina played the Netherlands in the finals. My brother was in the Netherlands with the US military at the same time. Neither of us could have cared less about the finals (although I'm sure he attended better parties in Holland than I could in the military junta-ruled Argentina). guy also known as gaius Ik hou van Amsterdam.
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Here's another example of a similar coin. The ROMA is better struck: http://www.acsearch....e.html?id=24425 The incomplete spelling of ROM(A) of the first example probably represents a defect in the die (the mold used to make the coin) or a failure during the actual stricking (causing a weak strike) of the coin. Other examples show the complete ROMA. Remember, this was emergency coinage during the darkest period of the second Punic war. Also, this was Rome's earliest attempts at producing gold coins. Who were the Dioscuri? They are mythological twins better known as Castor and Pollux: http://en.wikipedia....stor_and_Pollux Temple of Castor and Pollux in Rome
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I was lucky to recently examine this coin (and other unforgetable Ancient coins) from a private collection. http://www.ancientmo...rr/anon_av.html For us non-coin collectors, coins represent a means to touch history. The story behind these coins is impressive (taken from acsearch.info):
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Melvadius: Thank you (once again) for your thoughtful reply to a rather obscure question. From what you've written and from what I've read, it seems unlikely that the Romans had anything more than temporary trading posts in India. Anything more permanent would have cost great resources to sustain as well as have unnecessarily provoked regional enemies (along with the more distant Parthians and later Sassanians). A few coins and pottery shards are not proof of a permanent colony. Thank you, again, guy also known as gaius
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I agree. Suetonius was a Flavian propagandist who showed some self-restraint with the still revered Augustus. Tiberus, however, bore the full brunt of Suetonian character assassination and was, therefore, portrayed as some deviant freak. We frequently forget the motivations that any author has for his depictions. guy also known as gaius Addendum: Let me explain what I meant by referring to Suetonius as a "Flavian propagandist." The Julio-Claudian dynasty included the first five Emperors (Augustus, Tiberius, Caligula, Claudius, and Nero). The Flavian dynasty included Vespasian and his two sons Titus and Domitian. Although he worked during the reigns of Trajan and Hadrian (part of the Nerva-Antonine dynasty), he may felt the pressure to diminish the stature of the celebrated Julio-Claudians and elevate the stature of the Flavian Vespasian, a non-Julio-Claudian, in order to curry favor with Nerva-Antonine dynasts (who formed part of another non-Julio-Claudian dynastic line and who may have felt insecure about their status in society).
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I recently heard a respected expert on Rome mention the existence of Roman colonies in India. I was shocked. I know Roman coins have been found in India and China. I can even accept the idea of temporary settlements and trading outposts in those areas. I know about the rich trade of spices, ivory, silk, etc. for Roman coinage. But I find it difficult to accept the existence of a permanent colony. A possible analogy would be Venice about the time of Marco Polo (AD 1300). I can accept the fact that Marco Polo [possibly] traveled to China. But I would not say that there were permanent Venetian colonies in China at that time. I can find no evidence of a serious Roman attempt to establish a permanent colony in India. Even Pliny commented on the trade (and negative trade balance) between the Far East and Rome: From my understanding, however, a Roman colony suggests a permanent settlement of Roman citizens with a potential of a much larger expansion. I cannot find any evidence of Roman colonization in India. There have been many Roman coins found in India. There have been amphora shards found, too. (Although initially these fragments were thought to be of Roman origin, many shards have turned out to be of Mesopotamian origin, instead.) This is taken from a timesonline.uk article I can't link to by Norman Hammond, Archaeology Correspondent from December 17, 2007
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I look forward to the movie...but with great trepidation: It is easy and important to condemn religious intolerance of any sort. Unfortunately, it now has become too fashionable to criticize the excesses of Christianity of many years ago. guy also known as gaius
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Although too simplistic in its characterization (no auxillary troops, no cavalry, etc.), the video is entertaining: guy also known as gaius
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I'm out of the closet now...and loving it. Thank you. I'll let everyone know what I think after I enjoy the DVD thoroughly. Thank you, again. guy also known as gaius
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-- Nephele I cannot imagine the gamut of emotions he must have experienced over the last year: from the thrill of being a lead actor of a successful television series to the emotional devastation of having to face a potentially lethal disease. Best wishes, for sure guy also known as gaius
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guy also known as gaius
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I need not say more
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Sign me up. Going to Italy next year and I would like to make a stop in Rome. guy
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Spartacus has reached the British shores. The article mentions a six-part prequel while Andy Whitfield (Spartacus) undergoes treatment for lymphoma. http://historyoftheancientworld.com/2010/0...eres-in-the-uk/ guy also known as gaius
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Value of nondestructive evaluation (NDE) techniques on ancient coins
guy replied to Melvadius's topic in Numismatica
An interesting article. I think that improved anaylsis of coins and their compositiion will improve the ability to authenticate the coins as well as enhance our understanding of the surrounding social forces that existed during their mintage. Hopefully, we can learn the source of the coins' metal (Spain or Dacia, for example). By studying the coins composition (the poorer quality of silver coinage during the "Third Century Crisis," for example) we can gain insight into the changing political and economic environment. Although I don't collect coins, I find this part of numismatics fascinating. guy also known as gaius -
A more academic article on these tokens (spintriae): "Is That a Spintria in Your Pocket, or Are You Just Pleased to See Me?" [broken link] Cecil Adams argues against some of the theories from the above article about these being brothel tokens: http://www.straightdope.com/columns/read/2355/pay-for-play guy also known as gaius
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Of course, Roman coins were minted throughout the Empire. In Egypt, these coins were primarily minted in Alexandria.** Like most Roman coins, the obverse (front) would usually have an image of the Emperor or members of his family. Unlike coins minted in Latin Rome, however, the legends are in Greek. (See examples below.) This reflects the pervasive Hellenization of Egypt's ruling elite. The Reverse of Egyptian coins are unique. They could be images unique to Egypt such the Egyptian god Serapis (a composite god of Hellenistic and Egyptian deities introduced by Ptolemy I) or the Egyptian eagle. They could also include images of the Greek gods of Nike, Zeus, Athena, Homonoia, or Elpis (among others), reflecting the great Hellenistic influence in Alexandria. Uniquely, they also show the actual year of mintage. The letter L is used for the year followed by the regnal year (year of the reign) of the ruling Emperor. Knowing the years of the Emperor's rule, it was possible to determine which year the coin was minted. According to Kenneth Harl, in his book Coinage in the Roman Economy, Egypt created the world's first successful fiduciary currency. (Fiduciary currency cannot be redeemed for a monetary reserve of a precious metal such as gold or silver. This is similar to paper currency or modern coinage.) Roman coins in Egypt where made from billon, an alloy consisting of a majority base metal (such as copper or, in the Egyptian coins' case, bronze) mixed with a smaller percentage of a precious metal (usually silver). Since the Egyptian economy was a closed one (coins did not circulate into or out of Egypt), its coins did not compete with circulating gold and silver coins from the rest of the Empire. Coins made in Egypt were less than 25% silver, but earned the trust of Egyptians, who constituted 10 to 15 percent of the Empire's population, for more than two centuries. Harl adds, "There was little risk of an inflationary spiral set off by the dynamics of 'Gresham's law'* whereby bad money chases out good money." These coins help to document and preserve the unique cultural identity of Egypt in Ancient Rome All these Romano-Egyptian coins were reasonably priced and purchased from forumancientcoins.com. This is an excellent site for purchasing Ancient Roman coins. Coins from this site are well researched, thoroughly attributed, authenticated, and guaranteed. Although the images and most of the attributions are from forumancientcoins, I take full responsibilty for any incorrect information. I highly recommend this site for the purchase of Ancient coins. (One needs to be logged in to view these coins. Go to the bottom of the link to see all the coins): http://www.unrv.com/forum/index.php?autoco...si&img=2960 An interesting reference on Roman coins in Egypt: http://www.coinsofromanegypt.org/html/collection.htm guy also known as gaius * Symbol L http://www.coinsofromanegypt.org/html/library/bmc_intro/html%20files/chronology.html#symbolL Gresham’s Law: https://en.m.wikipedia.org/wiki/Gresham's_law
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Welcome and Introduce Yourself Here
guy replied to Viggen's topic in Welcome and Introduce Yourself Here
Let us know if you find any Roman coins. (See our Numismatica section as there are several videos on coin finds from digs.) guy also known as gaius -
Biggest Stash of Byzantine Coins Ever Found in Macedonia
guy replied to Melvadius's topic in Numismatica
Nice post. Thank you. I guess this hoard reflects the (not always friendly) rivalry between two of the superpowers of the age: a decaying Byzantine Empire and a growing Venetian Empire. Soon, both these empires would face their greatest enemy, the Ottoman Turks. The Byzantine Empire would eventually fall to the Ottoman Turks in 1453. The Venetian Empire would survive its struggles with the Ottoman Empire, but would be critically weakened. guy -
According to the quizz: Horatius Flaccus, Hadrian, Lucretius, Gaius Marius, Livius... How I really feel: When I feel studious: Galen, the physician. When I feel decadent (but noble): Gaius Petronius as depicted in Quo Vadis. http://www.youtube.com/watch?v=fAzzFJgH-ww I love Petronius's insincere flattery of the degranged Nero in this scene: http://www.youtube.com/watch?v=xP2b_TSh95w guy also known as gaius
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1,100 year old pot 'proves' Wallingford's origins as Anglo
guy replied to Melvadius's topic in Archaeological News: The World
I'm sorry. I misread the title of this post. I thought you were referring to another type of "pot." http://www.joezias.com/HealthHealingLandIsrael.htm My bad. guy also known as gaius -
Where would you have lived in the Roman Empire?
guy replied to longshotgene's topic in Imperium Romanorum
I would probably live near my ancestral home in Regium (modern day Reggio Emila), on the via Aemilia, near the ancient towns of Parma and Mutina (Modena). Interestingly, Lucius Vorenus, one of the main characters from HBO's Rome was from that area. It is a rich agricultural area near the Po river, in the rich plains between the Alps and Apennine mountains. Sadly, it was the site of many barbarian invasions throughout its history. guy also known as gaius -
3rd century - Warmongers pushed 'intellectual' politicians asi
guy replied to Viggen's topic in Archaeological News: Rome
Respectfully, I think this is too simplistic of a characterization of "Third Century Rome." This is from the description of Micheal Grant's great (but out of print) book Climax of Rome: The period between the accession of Marcus Aurelius in AD 161 and the death of Constantine the Great in 337 is often seen as little more than a protracted interval between the glories of the ancient world and the genesis of medieval Europe. This book shows a much more creative picture of this time - despite internal strife and wars along vast frontiers, there was a stupendous military achievement which preserved the Empire for several centuries. This overal stability allowed Roman civilization to flourish, combining "an artistic, literary, spiritual and political brilliance with unparalleled lavishness". In these two centuries Michael Grant finds the climax of "a terrible but marvellous age" guy also known as gaius -
Here's a video on some coins from the Jewish revolt of AD 66-70. I can't vouch for their authenticity, but they at least have the appearance of the real coins. http://www.youtube.com/watch?v=vI2l_ngPzYA...feature=related Similarly, here are two videos of some of the famous "Widow's mite" coins: http://www.youtube.com/watch?v=Xp1E7HmiRUk...eos=P-mXy-PWQjc http://www.youtube.com/watch?v=WzEnP0xoruQ...eos=GKEwG01ol_Y I can't vouch for the authenticity of any of the above coins. Here's some interesting background information about "Widow's mites" from a very reputable site: http://www.forumancientcoins.com/catalog/r...ns.asp?vpar=812 guy also known as gaius