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The decline of the Roman empire can be traced through its coins and its monetary reforms. There was an initial “golden age” that started with Augustus and lasted until 215 AD and Caracalla’s reforms. I say “golden age”, but in fact silver purity declined 50% during this period, so it wasn’t perfect. Things became a bit unstable after 215 AD, with inflation and debasement becoming real problems. The coinage became so complex that we don’t know today what all the various coins were worth, or even what they were called.
- Monetary reform of Augustus in 23 BC
- Monetary Reform of Caracalla in 215 AD
- Monetary Reform of Aurelian in 270-274 AD
- Monetary Reform of Diocletian in 295 AD
- Monetary Reform of Constantine I after 310 AD
- Monetary Reform of Constans and Constantius II in 348 AD
- The End of the Roman Empire in 476 AD (or 491 AD. Or 498 AD)
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