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My understanding is that the coin's value is derived from it's weight and the precious metal it is. So when you get e.g. A Denarius, it's value was in the weigh
by kop316 4y ago
My understanding is that the coin's value is derived from it's weight and the precious metal it is. So when you get e.g. A Denarius, it's value was in the weight of silver it is. The coin was a way to folks to know that it was a specific weight, and therefore worth a certain amount of currency.
I think a much more common thing was to shave off part of the precious metal and keep it (since the metal is worth money).