The Roman Monetary System

The Roman Monetary System

Author: Constantina Katsari

Publisher: Cambridge University Press

Published: 2011-02-24

Total Pages: 315

ISBN-13: 1139496646

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The Roman monetary system was highly complex. It involved official Roman coins in both silver and bronze, which some provinces produced while others imported them from mints in Rome and elsewhere, as well as, in the East, a range of civic coinages. This is a comprehensive study of the workings of the system in the Eastern provinces from the Augustan period to the third century AD, when the Roman Empire suffered a monetary and economic crisis. The Eastern provinces exemplify the full complexity of the system, but comparisons are made with evidence from the Western provinces as well as with appropriate case studies from other historical times and places. The book will be essential for all Roman historians and numismatists and of interest to a broader range of historians of economics and finance.


The Monetary Systems of the Greeks and Romans

The Monetary Systems of the Greeks and Romans

Author: W. V. Harris

Publisher: OUP Oxford

Published: 2010-04-29

Total Pages: 344

ISBN-13: 019161517X

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Most people have some idea what Greeks and Romans coins looked like, but few know how complex Greek and Roman monetary systems eventually became. The contributors to this volume are numismatists, ancient historians, and economists intent on investigating how these systems worked and how they both did and did not resemble a modern monetary system. Why did people first start using coins? How did Greeks and Romans make payments, large or small? What does money mean in Greek tragedy? Was the Roman Empire an integrated economic system? This volume can serve as an introduction to such questions, but it also offers the specialist the results of original research.


Debasement

Debasement

Author: Kevin Butcher

Publisher: Oxbow Books

Published: 2020-04-30

Total Pages: 234

ISBN-13: 1789254019

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The debasement of coinage, particularly of silver, was a common feature of pre-modern monetary systems. Most coinages were issued by state authorities and the condition of a coinage is often seen (rightly or wrongly) as an indicator of the broader fiscal health of the state that produced it. While in some cases the motives behind the debasements or reductions in standards are clear, in many cases the intentions of the issuing authorities are uncertain. Various explanations have been advanced: fiscal motives (such as a desire to profit or a to cover a deficit caused by the failure to balance expenditure and revenues); monetary motives (such as changing demand for coined money or a desire to maintain monetary stability in the face of changing values of raw materials or labour costs); pressure from groups within society that would profit from debasement; misconduct at the mint; or the decline of existing monetary standards due to circulation and wear of the coinage in circulation. Certain explanations have tended to gain favour with monetary historians of specific periods, partly reflecting the compartmentalization of scholarship. Thus the study of Roman debasements emphasizes fiscal deficits, whereas medievalists are often more prepared to consider monetary factors as contributing to debasements. To some extent these different approaches are a reflection of discrepancies in the amount of documentary evidence available for the respective periods, but the divide also underlines fundamentally different approaches to the function of coinage: Romanists have preferred to see coins as a medium for state payments; whereas medievalists have often emphasized exchange as an important function of currency. The volume is inter-disciplinary in scope. Apart from bringing together monetary historians of different periods, it also contains contributions from archaeometallurgists who have experience with the chemical and physical composition of coins and technical aspects of production of base alloys


Money and Government in the Roman Empire

Money and Government in the Roman Empire

Author: Richard Duncan-Jones

Publisher: Cambridge University Press

Published: 1994-09-15

Total Pages: 324

ISBN-13: 0521441927

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Rome's conquests gave her access to the accumulated metal resources of most of the known world. An abundant gold and silver coinage circulated within her empire as a result. But coinage changes later suggest difficulty in maintaining metal supplies. By studying Roman coin-survivals in a wider context, Dr Duncan-Jones uncovers important facts about the origin of coin hoards of the Principate. He constructs a new profile of minting, financial policy and monetary circulation, by analysing extensive coin evidence collected for the first time. His findings considerably advance our knowledge of crucial areas of the Roman economy.


Banking and Business in the Roman World

Banking and Business in the Roman World

Author: Jean Andreau

Publisher: Cambridge University Press

Published: 1999-10-14

Total Pages: 200

ISBN-13: 9780521389327

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In the first century BC lending and borrowing by the senators was the talk of Rome and even provoked political crises. During this same period, the state tax-farmers were handling enormous sums and exploiting the provinces of the Empire. Until now no book has presented a synthetic view of Roman banking and financial life as a whole, from the time of the appearance of the first bankers' shops in the Forum between 318 and 310 BC down to the end of the Principate in AD 284. Professor Andreau writes of the business deals of the elite and the professional bankers and also of the interventions of the state. To what extent did the spirit of profit and enterprise predominate over the traditional values of the city of Rome? And what economic role did these financiers play? How should we compare that role to that of their counterparts in later periods.


Coinage in the Roman Economy, 300 B.C. to A.D. 700

Coinage in the Roman Economy, 300 B.C. to A.D. 700

Author: Kenneth W. Harl

Publisher: JHU Press

Published: 1996-07-12

Total Pages: 550

ISBN-13: 9780801852916

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In Coinage in the Roman Economy, 300 B.C. to A.D. 700, noted classicist and numismatist Kenneth W. Harl brings together these two fields in the first comprehensive history of how Roman coins were minted and used.


Economic Theory and the Roman Monetary Economy

Economic Theory and the Roman Monetary Economy

Author: Colin P. Elliott

Publisher: Cambridge University Press

Published: 2020-02-20

Total Pages: 225

ISBN-13: 1108418600

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Reconceptualizes economic theory as a tool for understanding the Roman monetary system and its social and cultural contexts.


The Roman Market Economy

The Roman Market Economy

Author: Peter Temin

Publisher: Princeton University Press

Published: 2013

Total Pages: 318

ISBN-13: 069114768X

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The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century.The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.


The Monetary System of the Romans

The Monetary System of the Romans

Author: Ian J. Sellars

Publisher: Ian J. Sellars

Published: 2013-10-28

Total Pages: 823

ISBN-13:

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"The Monetary System of the Romans" provides a comprehensive and visual portrayal of the evolution of the Roman monetary system from its inception in the late fifth century BC to the bronze reform of Anastasius in 498AD. It chronologically traces the key developments in the coinage of the Roman world, covering topics such as denominations, metrology, alloys, mints, monetary edicts and more. For every issuing authority, whether it be the Senate, imperator, usurper or emperor, exemplary specimens of each denomination are discussed and clearly illustrated. With 820 pages and over 2000 full colour high resolution photographs from the world's most esteemed auction houses, this novel format provides a comprehensive introduction to the subject of Roman numismatics and will be useful to both students of history and collectors alike.


Catalogue of Late Roman Coins in the Dumbarton Oaks Collection and in the Whittemore Collection

Catalogue of Late Roman Coins in the Dumbarton Oaks Collection and in the Whittemore Collection

Author: Dumbarton Oaks

Publisher: Dumbarton Oaks

Published: 1992

Total Pages: 532

ISBN-13: 9780884021933

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This is the first fully illustrated catalogue of a major collection of late Roman and early Byzantine imperial coins. It follows the general layout of the Byzantine volumes in the Dumbarton Oaks series, with a substantial introduction dealing with the history of the coinage, including iconography, mints, and monetary system. In this volume, however, all the coins are illustrated in the plates.