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Home ▸ Catalog ▸ |Roman Coins| ▸ |The Late Empire| ▸ |Anastasius I||View Options:  |  |  | 

Anastasius I, 11 April 491 - 1 July 518 A.D.

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. Map 500 AD

The Origins of The Anastasian Currency Reform

|Byzantine| |Books|, |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


|Anastasius| |I|, |Anastasius,| |11| |April| |491| |-| |1| |July| |518| |A.D.|, |solidus|
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


|Anastasius| |I|, |Anastasius,| |11| |April| |491| |-| |1| |July| |518| |A.D.|, |solidus|
In 498, Anastasius abolished the tax known as the chrysargyron. The tax applied to all merchants, money-lenders, craftsmen, and others who received fees for their work, including prostitutes. The only exemptions were physicians, teachers, and farmers selling their own produce. Because it was collected in one lump sum only once every four years, the tax caused great hardships. Parents were sometimes forced to sell their children into slavery or prostitution to meet the levy. The city of Edessa, which was relieved of a tax of 140 pounds of gold every four years (2,520 solidi annually), celebrated with a week of festivities.
SH62360. Gold solidus, DOC I 7e, Wroth BMC 4, Tolstoi 5, Ratto 316, Hahn MIB I 7, SBCV 5, aEF, weak centers, weight 4.468 g, maximum diameter 21.2 mm, die axis 180o, 5th officina, Constantinople (Istanbul, Turkey) mint, 498 - 518 A.D.; obverse D N ANASTASIVS P P AVG, helmeted and cuirassed facing bust, holding spear and shield decorated with horseman; reverse VICTORIA AVGGG E (victory of the three emperors, 5th officina), Victory standing left holding cross topped with inverted P, star left, CONOB in exergue; SOLD







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OBVERSE| LEGENDS|

DNANASTASIVSPFAVG
DNANASTASIVSPPAVG
DNANASTASIVSPERPAV


REFERENCES|

Bellinger, A. Catalogue of the Byzantine Coins in the Dumbarton Oaks Collection and in the Whittemore Collection, Vol. I, Anastasius I to Maurice, 491-602. (Washington D.C., 1966).
Berk, H. Eastern Roman Successors of the Sestertius. (Chicago, 1987).
Berk, H. Roman Gold Coins of the Medieval World, 383 - 1453 A.D. (Joliet, IL, 1986).
Carson, R., P. Hill & J. Kent. Late Roman Bronze Coinage. (London, 1960).
Cohen, H. Description historique des monnaies frappes sous l'Empire Romain, Vol. 8: Nepotian to Romulus Augustus, plus tesserae & cotorniates. (Paris, 1888).
Depeyrot, G. Les monnaies d'or de Constantin II Zenon (337-491). Moneta 5. (Wetteren, 1996).
Grierson, P. Byzantine Coins. (London, 1982).
Hahn, W. Moneta Imperii Byzantini, Volume 1: Anastasius I - Justinianus I (491 - 565). (Vienna, 1973).
Hahn, W. & M. Metlich. Money of the Insipient Byzantine Empire. (Vienna, 2000).
Hennequin, G. Catalogue des monnaies musulmanes de la Bibliotheque Nationale. (Paris, 1985).
Kent, J. The Roman Imperial Coinage, Volume X, The Divided Empire and the Fall of the Western Parts, AD 395 - 491. (London, 1994).
King, C. & D. Sear. Roman Silver Coins, Volume V, Carausius to Romulus Augustus. (London, 1987).
Metlich, M. The Coinage of Ostrogothic Italy. (London, 2004).
Morrisson, C. Catalogue des Monnaies Byzantines de la Bibliothque Nationale. (Paris, 1970).
Ratto, R. Monnaies Byzantines et d'autre Pays contemporaines l'poque byzantine. (Lugano, 1930).
Sabatier, J. Description gnrale des monnaies Byzantines. (Paris, 1863).
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 Mnzen des Byzantinischen Reiches 491-1453. Mit einem Anhang: Die Mnzen 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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