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date: 09 July 2020

Abstract and Keywords

From the fifth to the eighth centuries, the coinage of most of the former Western Roman Empire went through a transformation from a varied metallic and denominational system to dependence on a single denomination, the silver penny. At the end of the fifth century, large multiple bronzes bearing denominational marks appeared in Byzantium. Silver had sunk to a subsidiary and rather evanescent role by the end of the fourth century. The exceptions were Africa and Iberia, where a system of Islamic coinage was introduced, derived from late eastern Roman and Sassanian issues. The path to the silver medieval European penny was complicated, the result of the persistence of a Late Roman siliqua coinage in Italy and the transformation of the Transalpine gold tremissis to a silver coin through gradual debasement.

Keywords: coinage, Western Roman Empire, silver penny, coinage, denominational system

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