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date: 17 July 2019

Abstract and Keywords

In the division of Roman history into periods, the age of the Julio-Claudians marks the beginning of the Principate. In numismatics too, the transition from Republic to Principate serves as the fundamental caesura in the arrangement and treatment of material. In terms of the monetized economy, though, this transition brought about no breach with the past: the denarius system founded in the middle Republic continued to exist far into the third century AD. Gold remained a fixed element of the coin system of the Principate: the largest denomination was the aureus, which was minted from about 8 g of pure gold. Denarii consisted of approximately 3.9 g of almost pure silver. Their respective halves were gold and silver quinarii, both of which were minted with striking regularity under the Julio-Claudians. Thus, the coinage of the empire developed along the principles that had been laid down in the Republic.

Keywords: Roman, Julio-Claudians, Principate, numismatics, monetized economy

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