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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 in 498 A.D. 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.
After Zeno died, Empress Ariadne selected an obscure successful finance civil servant, Anastasius to be her husband and emperor. He ruled for 27 years, restructured the currency system and accumulated of 320,000 pounds of gold! His dramatic change in coinage was the beginning of a uniquely Byzantine coinage.SH95294. Gold solidus, DOC I 7j, Hahn MIBE 7, Tolstoi 9, Ratto 321, SBCV 5, Morrisson BnF 1/Cp/AV14, Sommer 1.4, Wroth BMC -, EF, broad flan, mint luster, double-struck, weight 4.401 g, maximum diameter 20.8 mm, die axis 180o, 10th officina, Constantinople (Istanbul, Turkey) mint, c. 507 - 518 A.D.; obverse D N ANASTA-SIVS P P AVC, helmeted and cuirassed bust facing, spear in right over shoulder, shield in left; reverse VICTORI-A AVCCC I, Victoria standing left, long jeweled reversed staurogram scepter in right, star left, CONOB in exergue; ex Savoca Numismatik auction 42 (29 Mar 2020), lot 408; SOLD
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
Anastasius, 11 April 491 - 1 July 518 A.D.
SH19042. Gold solidus, SBCV 3, DOC I 3a, aEF, weight 4.480 g, maximum diameter 20.7 mm, die axis 180o, Constantinople (Istanbul, Turkey) mint, c. 491 - 498 A.D.; obverse D N ANASTA-SIVS P P AVC, helmeted and cuirassed facing bust, holds spear and shield; reverse VICTORI-A AVCCC A CONOB, Victory stands facing, head left, holds long jeweled cross which rests on ground, star right; nice strike, nice coin; SOLD
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