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The numismatic chronicle and journal of the Royal Numismatic Society

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THE "HORSEMEN" OF TARENTUM.<br />

199<br />

cial expedients to which Rome herself had been reduced<br />

<strong>the</strong> stress <strong>of</strong> <strong>the</strong> Hannibalic war had revolutionized <strong>the</strong><br />

by<br />

conditions <strong>of</strong> <strong>the</strong> Italian money-markets. In 217 <strong>the</strong><br />

value <strong>of</strong> <strong>the</strong> originally libral As, which had already in<br />

practice fallen to two ounces, was reduced in virtue <strong>of</strong> <strong>the</strong><br />

Lex Flaminia to a single ounce. At <strong>the</strong> same time <strong>the</strong><br />

weight<br />

<strong>of</strong> <strong>the</strong> Roman denarius had fallen from about<br />

4*55 grammes to 3'90, 228 <strong>and</strong> that <strong>of</strong> <strong>the</strong> Victoriatus to<br />

2 '92. Tarentine commerce must have felt <strong>the</strong> full effect<br />

<strong>of</strong> this depreciation, since, as already remarked in <strong>the</strong><br />

preceding section, <strong>the</strong> find <strong>of</strong> early Victoriati within <strong>the</strong><br />

ancient walls <strong>of</strong> Tarentum tends to show that <strong>the</strong>se<br />

Romano-Capuan coins had by this time entirely displaced<br />

<strong>the</strong> native Tarentine.<br />

It does not seem, however, that <strong>the</strong> new Tarentine<br />

coinage had any direct relation to <strong>the</strong> Roman currency<br />

which it temporarily displaced. <strong>The</strong> average weight <strong>of</strong><br />

seven Tarentine pieces <strong>of</strong> <strong>the</strong> present class <strong>of</strong> which I<br />

have a personal knowledge is 3'46 grammes. As compared<br />

with <strong>the</strong> contemporary Victoriatus, which since 217 had<br />

fallen to 2*92 grammes, this indicates a very considerable<br />

rise in <strong>the</strong> weight <strong>of</strong> <strong>the</strong> principal monetary unit. <strong>The</strong><br />

weight, however, is still too low to be confounded with<br />

that <strong>of</strong> <strong>the</strong> reduced denarius <strong>of</strong> 3'90 grammes.<br />

It is clear, however, that in <strong>the</strong> interests <strong>of</strong> <strong>the</strong>ir prospective<br />

commerce, <strong>the</strong> Tarentines when adopting a new<br />

st<strong>and</strong>ard for <strong>the</strong>ir staters, must have endeavoured as far<br />

as possible to conform to one or o<strong>the</strong>r <strong>of</strong> <strong>the</strong> monetary<br />

228<br />

Mommsen, op. cit. (ed. Blacas, ii. 22 <strong>and</strong> 77), who, while<br />

to decide whe<strong>the</strong>r <strong>the</strong> reduction <strong>of</strong> <strong>the</strong><br />

admitting his inability<br />

denarius weight had been gradual or <strong>the</strong> result <strong>of</strong> a special law,<br />

points out that <strong>the</strong> reduced weight becomes permanent about<br />

<strong>the</strong> year 217 B.C.

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