026/3 Litra or 1/8 ounce

Anonymous. Æ Litra or 1/8 ounce. Rome. 234-231 BC. ( 3.43g, 15mm, 5h) Obv: Laureate head of Apollo right Rev: Horse rearing left, wearing bridle, bit, and reins; ROMA below.

Crawford 26/3; Sydenham 29 (Half-litra); Kestner 56-65; BMCRR Romano-Campanian 70-74 (Half-litra)

This coin is attributed as a Litra by Crawford, others define it as half-litra. However, it could be argued that "1/8 ounce piece" is the better description.

First of all, on litra and half-litra:

"According to Crawford, the weight standard of the series 26 litra and half litra are based on a litra of 3.375 grams . The half litra in Crawford is described as having a dog on the reverse rather than a horse, and the average weight of the half litra of several specimens is described as 1.65 grams. BMCRR does refer to these as half litrae; but keep in mind that Grueber was writing circa 1900 and based on older scholarship. Sydenham was writing in the 1950s. Of the three major works cited, Crawford is the most current and likely based on a greater number of more recent finds."

Andrew Mccabe:

"It's very doubtful to me that the word "litra" is correct. Much more likely, these small bronze coins were simply fractions of the Aes Grave cast coinage system, as they come in weights of 1/4, 1/8 and 1/16 ounce, and the Aes Grave coinage generally had denominations from As down to Semuncia (1/2 ounce). So this coin would be 1/8 ounce coin. That's my view, which differs from their long term designation as "Litra", which presume them to be overvalued token bronze coinage on the Sicilian model, whereby bronze coins had value names that indicate a relationship to the silver coinage.

Litra, the word, is from the same stem as Libra, i.e. pound, would suggest a denomination of a (light) Sicilian pound of bronze, which sometimes equates in value to a small silver coin in Sicily weighing about 1/12 didrachm (about 0.6 grams) so by this definition, a Litra = an Obol. But it hardly stands up to scrutiny that such a tiny bronze coin, weighing 3.375 grams, could have been equivalent to a 0.6 gram silver obol. It would imply a massive overvaluation of bronze that just does not seem credible.

So. throw out the Litras, and call these coins 1/8 ounce pieces, and I think we have a sensible answer."