Cryptocurrency Q&A How much gold is in an Aksumite coin?

How much gold is in an Aksumite coin?

SakuraFestival SakuraFestival Mon Aug 05 2024 | 5 answers 1126
Can you tell me how much gold is actually contained in an Aksumite coin? I'm really curious to know the exact amount of precious metal that these ancient coins were made with. Do we have any reliable estimates or measurements available today that can give us a clear understanding of the gold content in these historical coins? It would be fascinating to learn more about the value and rarity of these ancient Aksumite coins in terms of their gold content. How much gold is in an Aksumite coin?

5 answers

Giulia Giulia Wed Aug 07 2024
The Aksumite gold unit, which had previously maintained a weight closer to that of the aureus, experienced a notable reduction in weight to approximately 1.7 grams. This decrease in weight aligns with the trend of currency debasement and the diminishing value of gold coins over time.

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Leonardo Leonardo Wed Aug 07 2024
Despite the weight reduction, the Aksumite gold unit is often categorized as a tremissis, a term that traditionally refers to a Roman gold coin of one-third the weight of a solidus. However, the actual naming conventions of Aksumite coins remain a mystery, as we lack definitive historical records.

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GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Wed Aug 07 2024
On the obverse of the Aksumite gold unit, a portrait of the ruler or deity is prominently featured. This portrait serves as the primary identifying mark of the coin and is a testament to the cultural and artistic expressions of the Aksumite civilization.

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EclipseChaser EclipseChaser Wed Aug 07 2024
Flanking the portrait on both the left and right sides are intricate designs depicting curved ears of grain. These grains symbolize fertility, abundance, and the prosperity of the Aksumite kingdom. They also add a decorative element to the coin, enhancing its visual appeal and cultural significance.

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KatanaSharpness KatanaSharpness Wed Aug 07 2024
The transition from the 5.4-gram aureus to the 4.5-gram Roman solidus in the fourth century marked a significant change in the gold currency system. This shift had far-reaching consequences, particularly in the realm of Aksumite gold units.

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