Roman Republican Currency
Coinage came late to the Roman Republic compared with the rest of the Mediterranean, especially Greece and Asia Minor where coins were invented in the 7th century BC. The currency of central Italy was influenced by its natural resources, with bronze being abundant (the Etruscans were famous metal workers in bronze and iron) and silver ore being scarce. The coinage of the Roman Republic started with a few silver coins apparently devised for trade with the Greek colonies in Southern Italy, and heavy cast bronze pieces for use in Central Italy.
During the Second Punic war a flexible system of coins in bronze, silver and (occasionally) gold was created. This system was dominated by the silver denarius, a denomination which remained in circulation for 450 years. The coins of the republic (especially the denarii) are of particular interest because they were produced by "mint magistrates", junior officials who choose the designs and legends. This resulted in the production of coins advertising the officials' families for political purposes; most of the messages on these coins can still be understood today.
Read more about Roman Republican Currency: Before Coinage, Cast Bronze Coinage, Introduction of Greek-style Silver Coinage, Coinage and Political Messages, Sources of Evidence
Famous quotes containing the words roman, republican and/or currency:
“This seems a long while ago, and yet it happened since Milton wrote his Paradise Lost. But its antiquity is not the less great for that, for we do not regulate our historical time by the English standard, nor did the English by the Roman, nor the Roman by the Greek.... From this September afternoon, and from between these now cultivated shores, those times seemed more remote than the dark ages.”
—Henry David Thoreau (18171862)
“The climate of Ohio is perfect, considered as the home of an ideal republican people. Climate has much to do with national character.... A climate which permits labor out-of-doors every month in the year and which requires industry to secure comfortto provide food, shelter, clothing, fuel, etc.is the very climate which secures the highest civilization.”
—Rutherford Birchard Hayes (18221893)
“It is the international system of currency which determines the totality of life on this planet. That is the natural order of things today. That is the atomic, and sub-atomic, and galactic
structure of things today. And you have meddled with the primal forces of nature! And you will atone! Am I getting through to you, Mr. Beale?”
—Paddy Chayefsky (19231981)