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3
votes
2answers
42 views

Why did overestimated coins led to inflation and well-estimated coins to deflation?

It is said in Debt, the first 5,000 years by David Graeber (chapter 4, note 2) that when the value of metal coins represented exactly their weight, the result was deflation. The author says that when ...
4
votes
1answer
84 views

Were Roman emperors in the first century AD shown as holding stars in their hands?

The New Testament Book of Revelation starts with an image of the exalted Jesus holding several stars in his hand. I read in a commentary that there were coins at that time which showed Roman emperors ...
5
votes
1answer
104 views

Was the Byzantine follis larger than the Roman (and why, if yes)?

Today I saw in a museum a row of coins minted by Roman emperors. The last four coins were of the follis kind, belonging to Constantine the Great, Constantius II, Anastasius and Justinian I. . The ...