Libral standard

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The libral standard compares the weight of coins to the bronze as , which originally weighed one Roman pound, but decreased over time to 1/2 pound (the semi-libral standard). It is often used in discussions of ancient cast coinage of central Italy, especially Etruscan coins and Roman Republican coinage. The adjective libral is related to libra, the Ancient Roman unit of weight, and is not related to the word liberal .

A coin is a small, flat, round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government.

As (Roman coin) bronze and copper coin from the Roman era

The as, occasionally assarius was a bronze, and later copper, coin used during the Roman Republic and Roman Empire.

Ancient Roman units of measurement

The ancient Roman units of measurement were largely built on the Hellenic system, which in turn was built upon Egyptian and Mesopotamian influences. The Roman units were comparatively consistent and well documented.

The libral standard began with the era of the so-called aes grave (heavy bronze) cast coinage of Rome, from circa 280 BC, where one as weighed one Roman pound (libra), or twelve Roman ounces (unciae). This changed when the weight of the aes grave was decreased to approximately 10 unciae (the "light libral standard") circa 265-217 BC, remaining at that level until about 217 BC. It then suddenly fell to 6 unciae (the "semi-libral standard") around the start of the second Punic war in about 217 BC, before finally falling still further until about 141 BC. [1]

Aes grave is a term in numismatics indicating bronze cast coins used in central Italy during the 3rd century BC, whose value was generally indicated by signs: I for the as, S for semis and pellets for unciae. Standard weights for the as were 272, 327, or 341 grams, depending upon the issuing authority.

The libral/semi-libral standards were followed by the triental standards and the sextantal standard.

Many Greek city states (colonies) were founded on the Italian peninsula and Sicily during this time period; these are collectively referred to as Magna Graecia. The coinage of those city-states is more closely related to the rest of the ancient Greek world (which included many colonies along the Mediterranean and Black Sea coasts), and generally has no relationship to the Etruscan/Roman units.

Magna Graecia Ancient Greek colonies in southern Italy

Magna Graecia was the name given by the Romans to the coastal areas of Southern Italy in the present-day regions of Campania, Apulia, Basilicata, Calabria and Sicily; these regions were extensively populated by Greek settlers, particularly the Achaean settlements of Croton, and Sybaris, and to the north, the settlements of Cumae and Neapolis. The settlers who began arriving in the 8th century BC brought with them their Hellenic civilization, which was to leave a lasting imprint on Italy, such as in the culture of ancient Rome. Most notably the Roman poet Ovid referred to the south of Italy as Magna Graecia in his poem Fasti.

Black Sea Marginal sea of the Atlantic Ocean between Europe and Asia

The Black Sea is a body of water and marginal sea of the Atlantic Ocean between the Balkans, Eastern Europe, the Caucasus, and Western Asia. It is supplied by a number of major rivers, such as the Danube, Dnieper, Southern Bug, Dniester, Don, and the Rioni. Many countries drain into the Black Sea, including Austria, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Georgia, Germany, Hungary, Moldova, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine.

Notes

  1. Crawford 1974:131-236

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The denarius was the standard Roman silver coin from its introduction in the Second Punic War c. 211 BC to the reign of Gordian III, when it was gradually replaced by the Antoninianus. It continued to be minted in very small quantities, likely for ceremonial purposes, until and through the tetrarchy (293–313).

Dupondius

The dupondius was a brass coin used during the Roman Empire and Roman Republic valued at 2 asses.

Roman currency

Roman currency for most of Roman history consisted of gold, silver, bronze, orichalcum and copper coinage. From its introduction to the Republic, during the third century BC, well into Imperial times, Roman currency saw many changes in form, denomination, and composition. A persistent feature was the inflationary debasement and replacement of coins over the centuries. Notable examples of this followed the reforms of Diocletian. This trend continued into Byzantine times.

<i>Aureus</i>

The aureus was a gold coin of ancient Rome originally valued at 25 pure silver denarii. The aureus was regularly issued from the 1st century BC to the beginning of the 4th century AD, when it was replaced by the solidus. The aureus was about the same size as the denarius, but heavier due to the higher density of gold

Quadrigatus

The quadrigatus was a medium-sized silver coin produced by the Roman Republic during the 3rd century BC. The obverse featured a young janiform bust and the reverse featured Victory driving a quadriga, giving the coin its name, with the inscription "ROMA" below.

Quadrans low-value Roman bronze coin worth ¼ as; the obverse featured the bust of Hercules, while the reverse featured the prow of a galley

The quadrans or teruncius was a low-value Roman bronze coin worth one quarter of an as. The quadrans was issued from the beginning of cast bronze coins during the Roman Republic with three pellets representing three unciae as a mark of value. The obverse type, after some early variations, featured the bust of Hercules, while the reverse featured the prow of a galley. Coins with the same value were issued from other cities in Central Italy, using a cast process.

The bes was an Ancient Roman bronze coin produced during the Roman Republic. Valued at two-thirds of an as, it was only produced in 126 BC by C. Cassius in combination with the dodrans, another very rare denomination which was valued at three-fourths of an as.

Uncia (coin)

The uncia was a Roman currency worth 1/12 of an as.

Roman Republican currency refers to the gold and silver Coinage struck by the various magistrates of the Roman Republic, to be used as legal tender. In modern times, the abbreviation RRC, "Roman Republican Coinage" originally the name of a reference work on the topic by Michael H. Crawford, has come to be used as an identifying tag for coins assigned a number in that work, such as RRC 367.

Aes rude

Aes rude was a nugget of bronze used as a sort of proto-currency in ancient Italy prior to the use of minted coins made from precious metals.

The dodrans or nonuncium was an Ancient Roman bronze coin produced during the Roman Republic.

Like the Egyptians, Phoenicians and Carthaginians, the Etruscans were rather slow to adopt the invention of coinage. The brief period of Etruscan coinage, with the predominance of marks of value, seems to be an amalgam that reconciles two very different monetary systems: the ‘primitive’ bronze-weighing and aes grave economy of central Italy with that of struck silver and gold issues of southern Italian Greek type not familiar in Etruria.

Aes signatum

Aes signatum consisted of cast ingots of bronze of measured quality and weight, embossed with a government stamp, used as currency in Rome and central Italy before the introduction of aes grave in the mid 4th century BC. When exactly they were first made is uncertain. Popular tradition ascribes them to Servius Tullius, but due to the high quality of art found on even the earliest specimens, this seems very unlikely. A date in the midst of the 5th century BC is generally agreed on. Designs featured are that of a bull, an eagle, and other religious symbols.

Marcus Servilius Pulex Geminus Roman Consul.

Marcus Servilius C. f. P. n. Pulex Geminus was a Roman statesman during the Second Punic War, and the early decades of the second century BC. He was a renowned warrior, whose martial prowess was commemorated on coins issued by several of his descendants.

The coinage reform of Augustus refers to the reform of Roman currency undertaken by Augustus in 23 BC.

Greek coinage of Italy and Sicily

Greek coinage of Italy and Sicily originated from local Italiotes and Siceliotes who formed numerous city states. These Hellenistic communities descended from Greek migrants. Southern Italy was so thoroughly hellenized that it was known as the Magna Graecia. Each of the polities struck their own coinage.

References

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