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The fineness of Roman imperial and provincial coinage has been regarded as an indicator of the broader fiscal health of the Roman Empire, with the apparent gradual decline of the silver content being treated as evidence for worsening deficits and the contraction of the supply of natural resources from which the coins were made. This book explores the composition of Roman silver coinage of the first century AD, re-examining traditional interpretations in the light of an entirely new programme of analyses of the coins, which illustrates the inadequacy of many earlier analytical projects. It provides new evidence for the supply of materials and refining and minting technology. It can even pinpoint likely episodes of recycling old coins and, when combined with the study of hoards, hints at possible strategies of stockpiling of metal. The creation of reserves bears directly on the question of the adequacy of revenues and fiscal health.
"The fineness of Roman imperial and provincial coinage has been regarded as an indicator of the broader fiscal health of the Roman Empire, with the apparent gradual decline of the silver content being treated as evidence for worsening deficits and the contraction of the supply of natural resources from which the coins were made. This book explores the composition of Roman silver coinage of the first century AD, re-examining traditional interpretations in the light of an entirely new programme of analyses of the coins, which illustrates the inadequacy of many earlier analytical projects. In addition, minor and trace elements, and lead isotopes, provide evidence for the supply of materials and refining and minting technology. Sometimes this allows us to determine the origin of the metal, whether freshly mined, or recycled. It can even pinpoint likely episodes of recycling old coins and, when combined with the study of hoards, hint at possible strategies of stockpiling of metal. The creation of reserves has a direct bearing on the question of the adequacy of revenues and fiscal health"--
The debasement of coinage, particularly of silver, was a common feature of pre-modern monetary systems. Most coinages were issued by state authorities and the condition of a coinage is often seen (rightly or wrongly) as an indicator of the broader fiscal health of the state that produced it. While in some cases the motives behind the debasements or reductions in standards are clear, in many cases the intentions of the issuing authorities are uncertain. Various explanations have been advanced: fiscal motives (such as a desire to profit or a to cover a deficit caused by the failure to balance expenditure and revenues); monetary motives (such as changing demand for coined money or a desire to maintain monetary stability in the face of changing values of raw materials or labour costs); pressure from groups within society that would profit from debasement; misconduct at the mint; or the decline of existing monetary standards due to circulation and wear of the coinage in circulation. Certain explanations have tended to gain favour with monetary historians of specific periods, partly reflecting the compartmentalization of scholarship. Thus the study of Roman debasements emphasizes fiscal deficits, whereas medievalists are often more prepared to consider monetary factors as contributing to debasements. To some extent these different approaches are a reflection of discrepancies in the amount of documentary evidence available for the respective periods, but the divide also underlines fundamentally different approaches to the function of coinage: Romanists have preferred to see coins as a medium for state payments; whereas medievalists have often emphasized exchange as an important function of currency. The volume is inter-disciplinary in scope. Apart from bringing together monetary historians of different periods, it also contains contributions from archaeometallurgists who have experience with the chemical and physical composition of coins and technical aspects of production of base alloys
The recycling and reuse of materials and objects were extensive in the past, but have rarely been embedded into models of the economy: this volume is the first to explore these practices in the Roman economy, drawing on a variety of methodological approaches and new scientific developments in a wide-ranging interdisciplinary study.
Describes the metallography and microstructure of ancient metals with several case studies included. The first volume in this series is devoted to the alloys of copper with silver, lead, tin, zinc, antimony and arsenic.
In this publication Fleur Kemmers gives an overview of 21st century scholarship on Roman coinage for students and scholars in the fields of ancient history and Roman archaeology. First, it addresses the study of numismatics as a discipline and the theoretical and methodological advances of the last decades. Secondly, it provides guidelines on how to consult numismatic reference works, including those available online. Recent scholarly approaches and insights in the functions of Roman coins as both vehicles of political communication and instruments for state payments are critically assessed. Furthermore, the publication reviews the evidence for a conscious monetary policy on the part of the Roman authorities. Finally, the impact of Roman expansion and imperialism on monetisation and coin use in Rome ́s Empire is discussed.
A broadly-illustrated overview of the contemporary state of Greco-Roman numismatic scholarship.
Economic circularity is the ability of a society to reduce waste by recycling, reusing, and repairing raw materials and finished products. This concept has gained momentum in academia, in part due to contemporary environmental concerns. Although the blurry conceptual boundaries of this term are open to a wide array of interpretations, the scholarly community generally perceives circular economy as a convenient umbrella definition that encompasses a vast array of regenerative and preservative processes. Despite the recent surge of interest, economic circularity has not been fully addressed as a macrophenomenon by historical and archaeological studies. The limitations of data and the relatively new formulation of targeted research questions mean that several processes and agents involved in ancient circular economies are still invisible to the eye of modern scholarship. Examples include forms of curation, maintenance, and repair, which must have had an influence on the economic systems of premodern societies but are rarely accounted for. Moreover, the people behind these processes, such as collectors and scavengers, are rarely investigated and poorly understood. Even better-studied mechanisms, like reuse and recycling, are not explored to their full potential within the broader picture of ancient urban economies. This volume stems from a conference held at Moesgaard Museum supported by the Carlsberg Foundation and the Centre for Urban Networks Evolutions (UrbNet) at Aarhus University. To enhance our understanding of circular economic processes, the contributions in this volume aim to expand the framework of the discussion by exploring circular economy over the longue durée and by integrating an interdisciplinary perspective. Furthermore, the volume wants to give prominence to classes of material, processes, agents, and methodologies generally overlooked or ignored in modern scholarship.