Miliarense in the context of "Silver coin"

⭐ In the context of silver coins, the Miliarense is considered…

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⭐ Core Definition: Miliarense

The miliarense (neuter form of the late Latin miliarensis, "pertaining to a thousand"; plural: miliarensia) was a large silver coin, introduced to the late Roman monetary system in the early 4th century. It was struck with variable fineness, generally with a weight between 3.8 and 6.0 grams, and a diameter of c. 23–24 mm. The miliarense was struck first under Constantine the Great (r. 306–337).

There were two kinds of miliarense coins: light and heavy. It took 14 heavy miliarensia and 18 light miliarensia to equal one gold solidus (as also introduced by Constantine). Miliarensia are highly desired by numismatists of the present day, due to both the rarity of the denomination (far less common than the siliqua) and the often exquisite execution of both bust and reverse types, which led to many being used as pendants or mounted in antiquity.

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👉 Miliarense in the context of Silver coin

Silver coins are one of the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver.

As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar.

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