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After Zeno died without designating a successor, the Empress Ariadne was called upon to select a new emperor. Her choice was an obscure but successful finance civil servant, Anastasius. She made a wise choice. Anastasius ruled successfully for 27 years. His financial expertise resulted in the accumulation of 320,000 pounds of gold! He also restructured the currency system, creating the nummus unit of account and the follis of 40 nummi. Because of the dramatic changes, Anastasius' reform is often seen by numismatists as the end of Roman coinage and the beginning of Byzantine coinage. The people of the empire didn't see it that way and continued to call themselves Romans until the fall of Constantinople on 29 May 1453.
The Origins of The Anastasian Currency Reform
BL20293. Book The Origins of The Anastasian Currency Reform by D. M. Metcalf, hardcover, 105 pages, 12 plates, ex University of Chicago library; $80.00 SALE |PRICE| $72.00
In 492, the Isaurians begin a revolt in southern Central Anatolia. The rebels were defeated in the Battle of Cotyaeum and retreated to their mountain fortresses They continued guerrilla warfare against the Roman forces until 497.SH90890. Gold solidus, DOC I 3e, Morrisson BnF I 1/Cp/AE/2, Ratto 310, Hahn MIB I 4, Sommer 1.2, SBCV 3, Tolstoi -, Wroth BMC -, EF, a few small marks, unusually attractive Victory, weight 4.457 g, maximum diameter 20.2 mm, die axis 180o, 5th officina, Constantinople (Istanbul, Turkey) mint, c. 492 - 498 A.D.; obverse D N ANASTASIVS P P AVC, helmeted and cuirassed facing bust, cross on helmet, spear in right over shoulder, shield on left, trefoil ornament on helmet; reverse VICTORIA AVCCC E (victory of the three emperors, 5th officina), Victory standing slightly left, head left, long jeweled cross resting on ground in her right, star on right, CONOB in exergue; ex Harlan J. Berk, sale 165 (June 2009), lot 32; SOLD
Ostrogoth Kingdom in Italy, Totila Baduila, 541 - 552 A.D., In the Name of Anastasius
Baduila introduced coins with his own bust in 549 A.D. The fabric of this coin suggests that for this coin the dies were reversed (the bust, "heads," was on the reverse die).ME81206. Copper nummus, Metlich COI 94; BMC Vandals p. 89, 24 ff.; Hahn MIB I 87; cf. MEC I 163 (S above monogram and o below), F, weight 0.586 g, maximum diameter 9.3 mm, die axis 225o, Ticinum (Pavia, Italy) mint, c. 541 - 549 A.D.; obverse [...]-NΣΛΣΛ[...] (blundered partial legend of Anastasius), diademed and draped bust of Anastasius right; reverse Baduila's monogram, cross above, within wreath; rare; SOLD
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Depeyrot, G. Les monnaies d'or de Constantin II à Zenon (337-491). Moneta 5. (Wetteren, 1996).
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Morrisson, C. Catalogue des Monnaies Byzantines de la Bibliothèque Nationale. (Paris, 1970).
Ratto, R. Monnaies Byzantines et d'autre Pays contemporaines à l'époque byzantine. (Lugano, 1930).
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Sear, D. Byzantine Coins and Their Values. (London, 1987).
Sear, D. Roman Coins and Their Values, Vol. V: The Christian Empire...Constantine II to Zeno, AD 337 - 491. (London, 2014).
Sommer, A. Die Münzen des Byzantinischen Reiches 491-1453. Mit einem Anhang: Die Münzen des Kaiserreichs von Trapezunt. (Regenstauf, 2010).
Tolstoi, I. Monnaies byzantines. (St. Petersburg, 1913 - 14).
Vagi, D. Coinage and History of the Roman Empire. (Sidney, 1999).
Wroth, W. Catalogue of the Coins of the Vandals, Ostrogoths, Lombards and of the Empires of Thessalonica, Nicaea, and Trebizond in the British Museum. (London, 1911).
Wroth, W. Catalogue of the Imperial Byzantine Coins in the British Museum. (London, 1908).
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