Denarius Coin
Denarius is the standard coin in the roman system. It is made from silver and that’s why it is sometimes named as denarius argenteus. It values 1/25 from a gold aureus and 16 asses. In the republican time, it was first minted around 210 BC. In the beginning, it valued only 10 bronze asses, thus named denarius (from decem, which means ten). Denarius (Coin) Portraying Pompey the Great, 42-40 BCE, issued by Roman Republic, Sextus Pompeius Magnus Ancient Roman Antoninianus (Coin) Portraying Emperor Balbinus, 238 (April-June), issued by Balbinus and Pupienus. Bronze coins were struck in different sizes worth different values- with the most popular and impressive coin referred to as a Sestertius. Silver coins were issued by Ancient Rome, with the most popular size called a denarius. They also issued Double Denarii, worth twice the value of a normal denarius.
Denarius of Tiberius
About Denarius Coin. Denarius price today is $0.223830 with a 24-hour trading volume of $103.15. D price is down -1.7% in the last 24 hours. It has a circulating supply of 7.5 Million D coins and a max supply of 10 Million. SouthXchange is the current most active market trading it. Denarius is a new cryptocurrency based off the original Bitcoin. Denarius (containing ten), Authorized Version 'penny,' (Matthew 18:28; 20:2,9,13) a Roman silver coin in the time of our Saviour and the Apostles, worth about 15 cents.It took its name from its being first equal to ten 'asses,' a number afterwards increased to sixteen.
The Denarius ofthe Emperor Tiberius, commonly referred to as the “Tribute Penny,”was referenced by Jesus Christ in the Bible. As written in Mark 12:17, Jesus referencedthe denarius when asked about paying taxes to the Romans. He held up the coinand said: “render unto Caesar the things that are Caesar’s and to God thethings that are God’s.”
Reign ofTiberius
Tiberius is most well-known for ruling over the Roman Empirewhen Jesus was crucified. Tiberius rose to throne upon the death of hisstep-father, Emperor Augustus.
Tiberius was one of the most-distinguished Roman generals.During his reign, he conquered Pannonia, Dalmatia, Raetia, and (temporarily)parts of Germania. However, Tiberius did not really want to be a ruler. He isdescribed as reclusive and sullen, preferring to delegate his duties toPraetorian prefects Lucius Aelius Sejanus and Quintus Naevius Sutorius Macro.
Tiberius appointed Pontius Pilate prefect of the Romanprovinces of Judaea, Samaria and Idumæa. Pilate presided at the trial of Jesusand ultimately ordered his crucifixion.
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Tribute Penny
The Denariusof Tiberius is one of the few historical artifacts from time of Jesus Christ.Of course, the term “penny” was not used during the time of Tiberius.Rather, it is the name given to the coin in the 1611 King James translation ofthe Bible. It is also unclear whether Jesus was actually holding a Denarius of Tiberius or one of manyother coins that circulated in the region during that time.
The denariuswas first struck around 211 BCE and was Rome’s first circulating silvercoin. During the time of Tiberius, the coinrepresented one day’s wage for a soldier or laborer. While many Roman emperorsregularly changed coin designs during their reigns, using them to tout theirachievements or commemorate events, Tiberius kept the same design for nearly the duration of his 23-year reign.
The reverse features the inscription TI CAESAR DIVI AVG FAVGVSTVS around the laureate crowned head of Tiberius. The reversedepicts Livia, mother of Tiberius and wife of Augustus, dressed as Pax.She is holding a scepter and an olive branch, the symbol of peace. She isseated on a chair with ornate legs, her feet on a footstool. The image issurrounded by the inscription PONTIF MAXIM.
Roman silver coins
After the initial Roman coinage based on the as and its system in bronze, the expansion of the commerce to east and and the Magna Graecia imposed the use of coins with high intrinsic value. The first step in such direction was the mintage of the didrachm, a silver coin derived by the Greek drachma.
The first silver coin derived by the Roman monetary system based on the as was the denarius, with a value equal to 10 asses and a weight of 4.5 grams (1/72 of a Roman pound). Its name comes from 'deni', meaning 'ten times', pointed out by the value mark X.
Also for the denarius, as for the as, the issue date is uncertain, but the most commonly accepted timing is during the first two Punic Wars (first 264-241 BC, 218-202 BC), to face the consistent war expenses.
In the first issues the obverse depicted the head of Rome with a winged and crested helmet, while the reverse represented the twins of the Dioscuris horseback, with the inscription 'ROMA'. In following age the subjects were linked to the aristocratic families of the moneyer as means of politic propaganda. At the end of the republican era, the images used in the silver coins were the ones of the principal personalities of the Roman public life.
An interesting evolution of the denarius at the end of the republican era was the introduction of the serrated denarii, introducing the serrated edges as anticounterfeiting measure, both to prevent the removal of metal from the edges of the coin, and to show that the inner coin was produced with the same precious metal of the two faces.
Following of the progressive decrease of the value of the as, in the 118 BC the denarius was revalued, bringing its value to 16 asses, as pointed out by the mark XVI on the of the coin; the three letters were written one above to the other, in a monogram resembling an asterisk.
Fractions of the denarius
Denarius Coin Bible
As fractions of the denarius there were:
| Coin | Ratio with the denarius | Ratio with the as | Mark |
|---|---|---|---|
| Denarius | 1 denarius | 10 as | X |
| Quinarius | 1/2 denarius | 5 as | V |
| Sestertius | 1/4 denarius | 2,5 as | IIS or HS |
The quinarius had a value equal to 1/2 denarius or 5 asses and it was identified by the numeral V
The sestertius was equal to 1/4 of denarius or 2.5 asses, from which the name 'semis tertius'; the used mark was IIS (II =2 asses and S = 1 semisse), with the 'II' at a later stage transformed in 'H.'
To have a full picture of the Roman silver coins, it's worth to remember the circulation of the victoriatus in, parallel to the denarius. Based on the silver content of the victoriatus. (65% of 3,37 g, i.e. 2,19g of silver) in comparison to the one of the denarius (95-98% of 4,55g, i.e. 4,32 g. of silver), the intrinsic value of the denarius was double compared to victoriatus. Therefore, the victoriatus had a value equal to the one of the quinarius, but it was used mainly in areas of Greek influence, like the Magna Graecia.
The denarius remained for centuries at the base of the Roman coinage, up to its substitution by the Antoninianus as silver coin in mid III century BC. To testify the importance of this coin remains the Italian name 'denaro' for money, the use of the letter 'd' as abbreviation for the denier coined by Carlomagno and for the British penny before the 1971 decimalization. Currently the name survives in Islamic countries in coins derived by the ancient dinar gold coin.