How much was a nummus worth?

How much was a nummus worth?

The term nummus is now usually applied solely to the 5th–7th century Byzantine issues. These were small, badly struck coins, weighing less than 1 gram, forming the lowest denomination of Byzantine coinage. They were valued officially at 1⁄7,200 of the gold solidus but more usually rated to 1⁄6,000 or 1⁄12,000.

Are Roman coins worth money?

Most of them are valued today at 20-50 $ a pieces of medium condition and not so rare. In some cases, for example a rare emperor or rare reverse can have a high value, around 1000 $ or even higher. Usually the Consecratio theme or the family coins, with more than one member are rare.

What is a Follis coin?

Definition of follis 1 : a Roman bronze coin of the late Empire having a silver coating and a very small value. 2 : a large bronze coin current in the Byzantine Empire under Anastasius (a.d. 491-518) that was marked with a large M.

What could you buy for a sestertius?

One quarter of a sestertius is equal to a small coin called an As. This small bronze coin was the lowest form of currency found outside Rome. You couldn’t buy much with an As coin except maybe a cup of cheap wine. Half a Sestertius or 2 As’ was a coin known as a Dupondius.

How much was a loaf of bread in ancient Rome?

More than 2,000 years before the low-carb revolution, bread was the staple of the Roman diet, and you could expect to pay 2 asses for a one-pound loaf. A half-liter of top-shelf ancient wine cost up to 30 asses, while a new tunic cost about 15 sestertii.

What is the rarest Roman coin?

The rarest known imperial Roman coin is perhaps the Aureo medallion of Massenzio, known in only two pieces. A piece of this rare Roman coin was sold at auction on 5 April 2011. The price? It was sold for the astronomical amount of $ 1,407,550.

What is reduced nummus?

This coin marks the reduction in value by half of all coins in circulation with the Follis/Nummus dropping from a theoretical value of 25 denarii (we skipped the steps when it jumped from 5 to 25!) to 12 and a half. Doing this effectively reduced (by half) the purchasing power of money in circulation.

How big were Roman coins?

Late Imperial – Constantine to the Fall of the Empire

Denomination Metal Weight or Size
Scripulum Gold 1.7 gm
Miliarense Silver 4.5 gm
Siliquae Silver 3.4 gm
AE 1 Bronze 25 mm

How much is a sestertius worth?

This would suggest a modern equivalence of about 1 sesterce = $0.50, that is 1 denarius = $2.00. Other such calculations could set the value of 1 sestertius as the equivalent of as much as $1.50.

How much did the Romans pay for a pound of silk?

Clothing was another expensive proposition. One ‘libra’ (Roman pound, just under ¾ of a modern pound – 326 grams), of fine silk cost more than a dozen human beings. It seems absurd to us today, but such was the case, because Ancient Romans lacked the production machines of today that make cheap fabric possible.

What would an ounce of gold buy in ancient Rome?

Even two thousand years ago under the Roman Empire, an ounce of gold bought the average Roman citizen a toga, belt, and sandals.

How much did the average Roman citizen make?

Average pay for Roman Legionnaire

Legionnaire Auxiliary
Less tent & misc deductions 50 50
Net pay, annual 115 78
Average bonus, spread over 3 years 25
Average annual net pay during 25 year career 140 78

What does SC mean on a Roman coin?

senatus consultum
S C. A Latin abbreviation for senatus consultum, meaning the ‘decree of the Senate’. The abbreviation normally refers to coins struck by decree of the Senate, though this is not always the case. semis. A Roman bronze coin valued at half an as.

Who is called numismatist?

a person who collects numismatic items, especially coins.

How much is a denarius?

Expressed in terms of the price of silver, and assuming 0.999 purity, a 1⁄10 troy ounce denarius had a precious metal value of around US$2.60 in 2021.

What does nummus stand for?

Nummus ( Greek: νοῦμμος, noummos ), plural nummi ( νοῦμμοι) is a Latin term meaning ” coin “, but used technically by modern writers for a range of low-value copper coins issued by the Roman and Byzantine empires during Late Antiquity.

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