Aureus: Difference between revisions

From context, clearly meant "solidus" here, not "aureus"
(fix styling of price table (float right, left margin))
(From context, clearly meant "solidus" here, not "aureus")
Tag: Mobile edit
After the reign of [[Marcus Aurelius]] the production of aurei decreased, and the weight was further decreased to <math>\tfrac{1}{50}</math> of a pound (6.5 g) by the time of [[Caracalla]]. During the 3rd century, gold pieces were introduced in a variety of fractions and multiples, making it hard to determine the intended denomination of a gold coin.
The aureussolidus was first introduced by Diocletian around 301 AD, struck at 60 to the Roman pound of pure gold (and thus weighing about 5.5 g each) and with an initial value equal to 1,000 denarii. However, Diocletian's solidus was struck only in small quantities, and thus had only minimal economic effect.
The solidus was reintroduced by Constantine I in 312 AD, permanently replacing the aureus as the gold coin of the Roman Empire. The solidus was struck at a rate of 72 to a Roman pound of pure gold, each coin weighing twenty-four Greco-Roman carats, or about 4.5 grams of gold per coin. By this time, the solidus was worth 275,000 increasingly debased denarii.