Silver Drachm Coin of of Roman. | Auction 07

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Lot # 533 - Silver Drachm Coin of of Roman.

This Lot is Closed

e-Auction #7

Total View : 774

This Lot is Closed

e-Auction

# 7

Total View

774

Start Price

11,000

Estimated Price

11,000-13,000

Quick Description

Denomination

Drachma

Metal

Silver

Full Description :

Rich Text Editor

Roman, Silver Drachm. Obv; king portrait to right, around greek legend. Rev; goddess seated facing to left and holding spear in hand, 3.80gms, 16.74mm, about fine. Extreemely Rare

Silver AR Denarius Roman Republic Ancient Roman Coin.

After 211, the monetary system underwent a slight change and here we see the standard coin, the denarius making its first appearance. At this time, the denarius weighed approximately 4.5 grams. Also introduced were several fractional silver coins, the quinarius at 1/2 the weight of the denarius and the silver sestertius(shown left) at 1/4 the weight. The quadrigatus (at x2 the denarius) was still being produced during the early part of this period but was soon phased out of production.

The quinarius and silver sestertius were produced on and off until around 40 BC when the silver sestertius was phased out entirely. The quinarius continued to be produced well into the imperial period. Judging by the surviving numbers, neither denomination were mnted in very large quantities.