Denarius (currency) The denarius, the Latin denarius, was one of the currencies basic monetary system of the Roman Empire . It was a silver coin, weighing about 3 to 4 g of each era. The term denier survived the fall of the Roman Empire and continued to be used in the Carolingian era to French Revolution under the monetary system book-penny-farthing in use in the Old regime. The Denarius is also the currency causing the Dinar, still used today in Europe in Serbia since 1920 and in many countries of the Maghreb and middle east.
Antiquity
The "denarius" or denier of money is created 212 BC. AD to finance the Second Punic War which opposed the ancient Rome to Carthage between 218 and 201 BC .
In the new bimetallic monetary system put in place, "denarius" silver title at 950 ‰ which now rubs the mint bronze classic as the ace and subdivisions (seeding, trienes, the quadrants, the Sextans, an ounce ...)
Equivalences between Roman coins (1st half of the second century av.J .- C.)
Denier = 1 / 25 Aureus
Sesterce = 1 / 4 denier
Ace = 1 / 16 denier
At that time, the issuance of currency was under the responsibility of a committee of three judges monetary ( "tresviri monetalis" body "vigintisevirat). These officials, renewed annually, very quickly the currency used as a promotional tool by placing their name. Under the Empire, only bronze coins escape the control of the Emperor Augustus but after, no more money will only refer to monetary magistrates.
In terms of specifications, the silver denarius experienced little change during this period both in terms of its weight (in its creation to 212 BC. The penny weighs 4.51 grams then, around 140 BC, it is devalued and its weight goes to 3.96 grams) than its title silver (950 ° / oo). Indeed, its value was based solely on its weight and metal content precious.
In the third century, the denarius was gradually supplanted from Caracalla, a new currency, the antoninianus , a theoretical value of two pence
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