WORLD HISTORY

HISTORY

ANCIENT ROME

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did the Romans advance the system of coins first introduced by the Lydians?
A
They produced coins in a way that made them harder to counterfeit.
B
They minted coins in different denominations with a set value for each.
C
They made coins heavy enough to make them hard to steal.
D
They signed trade agreements so that their coins would be used more widely.
Explanation: 

Detailed explanation-1: -Before the third century B.C., Romans did not have their own coinage. They used “Aes Rude” as money, which was jagged pieces of bronze with no precise measurement in weight or shape. They then shifted into using “Aes Signatum, ‘’ which were rectangular-shaped bars.

Detailed explanation-2: -The first true Roman coin, the Aes Signatum (signed bronze), replaced the Aes Rude sometime around the start of the 3rd century BC. These were more than simple lumps of metal, in that they were cast, had a regular and discernable rectangular shape and were stamped with raised designs.

Detailed explanation-3: -In addition to establishing the Tetrarchy, Diocletian devised the following system of denominations: an aureus struck at the standard of 60 to the pound, a new silver coin struck at the old Neronian standard known as the argenteus, and a new large bronze coin that contained two percent silver.

Detailed explanation-4: -Therefore, a total of 20 billion Roman coins produced during the 503 year long Empire seems realistic.

There is 1 question to complete.