Author Topic: Lowest denominations  (Read 24610 times)

0 Members and 1 Guest are viewing this topic.

Offline EWC

  • Meritorious Member
  • ****
  • Posts: 686
Re: Lowest denominations
« Reply #195 on: July 04, 2018, 10:37:27 AM »
Following Valentinian III, the Roman economy collapsed to the point that it consisted only of gold, infrequently issued silver, and infrequently issued tiny bronzes of only 6-8mm.
[/quote]

Obviously correct - but oddly - not whan I said the same - on this group

Offline Finn235

  • Senior Member
  • ***
  • Posts: 254
Re: Lowest denominations
« Reply #196 on: July 12, 2018, 10:37:33 PM »
Just got this in a lot:

Troas, Dardanos
5th c. BC
AR Hemitetartemorion (1/8 obol)
5mm, 0.07g
Obv: Forepart of horse
Rev: Rooster

Before the Greek monetary economy had matured to the point where it could accept bronze "fiat" minor denominations, everything was either gold, electrum, or silver. The Hemitetartemorion not surprisingly seems to have been the technical limit of what Greek mints could produce, and was thus the smallest denomination.

Online Figleaf

  • Administrator
  • Honorary Member
  • *****
  • Posts: 27 257
Re: Lowest denominations
« Reply #197 on: July 13, 2018, 09:55:39 AM »
Congratulations, Finn. Nice coin indeed.

Dardanus, Troas, rather. A fascinating place. Outside the Greek main, under constant threat if not occupation from Persians, bordering a sea infested with pirates and land claimed by Scythians. You'd have to be as hard as a horse or as scared as a rooster to want to live there.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.