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date: 29 January 2023



  • Michael Crawford


A bag for coins, then—by the late 3rd or early 4th cent. ce—a bag containing a fixed number of coins, then a unit of account; the value of this unit of account varied over the centuries from the Tetrarchic period onwards. There is no clear evidence in practice that the term applied to an individual coin before the reforms of Anastasius (491–518ce), though the metrological writers contain some confused statements which may be interpreted in this way.


  • Ancient Economy
  • Late Antiquity

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