{"product_id":"rome-silver-denarius-emperor-maximinus-thrax-235-236-ce-roman-empire","title":"Rome, Silver Denarius, Emperor Maximinus Thrax - 235 – 236 CE - Roman Empire","description":"\u003cp\u003e\u003cstrong\u003eIncludes glass top display box.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eSize:\u003c\/strong\u003e 3.00g, 20mm\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDenomination:\u003c\/strong\u003e Denarius\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong font-size:=\"\"\u003eAuthority:\u003c\/strong\u003e\u003cspan font-size:=\"\"\u003e Emperor Maximinus Thrax\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMint Location:\u003c\/strong\u003e Rome\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eType Number:\u003c\/strong\u003e RIC IV Maximinus Thrax 12 (denarius)\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eObverse Design:\u003c\/b\u003e IMP MAXIMINVS PIVS AVG \/ Bust of Maximinus I, laureate, draped, cuirassed, right\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eReverse Design:\u003c\/b\u003e PAX AVGVSTI \/ Pax, draped, standing left, holding branch in extended right hand and transverse sceptre in left hand\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Roman denarius was an ancient silver coin that played a central role in the Roman economy from the late Republican era through the Imperial era. Originally, it was a high-quality silver coin, consisting of roughly 95% pure silver. However, as the Roman Republic transitioned into the Roman Empire, the silver content of the denarius gradually decreased in a process known as debasement. This allowed the government to produce more coins with the same amount of silver, which was primarily driven by the financial pressures of funding wars, infrastructure projects, and maintaining the empire's vast territories.\u003c\/p\u003e\n\u003cp\u003eAs the silver content of the denarius decreased, it lost its intrinsic value, leading to inflation. Inflation is a general increase in the prices of goods and services, which reduces the purchasing power of money. As the denarius became less valuable, the cost of everyday items increased, and people needed more coins to buy the same goods. This inflation had a significant impact on the Roman economy and contributed to the empire's eventual decline.\u003c\/p\u003e\n\u003cp\u003eIn an attempt to stabilize the economy, Emperor Diocletian introduced a new silver coin called the argenteus in 294 CE, which was meant to replace the debased denarius. Unfortunately, this new coin also experienced rapid debasement and failed to stabilize the economy, highlighting the difficulties in managing a currency system throughout history.\u003c\/p\u003e\n\u003cp class=\"\" align-start=\"\" direction-ltr=\"\" _04xlpa=\"\"\u003e\u003cstrong\u003e\u003cspan class=\"\"\u003eAll purchases include a Certificate of Authenticity. You will receive the exact item in this photo, along with a glass top leatherette display box.\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e","brand":"History Hoard","offers":[{"title":"Default Title","offer_id":67581947969613,"sku":"sku1791343626834","price":61.74,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0667\/0775\/0989\/files\/rome-silver-denarius-emperor-maximinus-thrax---235-236-ce---roman-empire_1.png?v=1791343658","url":"https:\/\/www.neatcorner.shop\/products\/rome-silver-denarius-emperor-maximinus-thrax-235-236-ce-roman-empire","provider":"My Store","version":"1.0","type":"link"}