Byzantine Empire Coinage Reform
The main elements of the complex monetary system of the early Byzantine Empire, which suffered a partial collapse in the 5th century, were revived by Emperor Anastasius I (491–518) in 498. The new system involved three denominations of gold (the solidus and its half and third) and five of copper (the follis, worth 40 nummi and its fractions down to a nummus).
A 40 nummi coin of Anastasius is depicted on the obverse of the Macedonian 50 denars banknote, issued in 1996.
Read more about this topic: Anastasius I (emperor)
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