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After Zeno died without designating a successor, the Empress Ariadne was called upon to select a new emperor. Her choice was an obscure but successful finance civil servant, Anastasius. She made a wise choice. Anastasius ruled successfully for 27 years. His financial expertise resulted in the accumulation of 320,000 pounds of gold! He also restructured the currency system, creating the nummus unit of account and the follis of 40 nummi. Because of the dramatic changes, Anastasius' reform is often seen by numismatists as the end of Roman coinage and the beginning of Byzantine coinage. The people of the empire didn't see it that way and continued to call themselves Romans until the fall of Constantinople on 29 May 1453.
BZ87655. Bronze nummus, DOC I 15, Wroth BMC 59, Morrisson BnF 1/Cp/AE/01, Hahn MIB 40, SBCV 13, LRBC II 2288, Sommer 1.9, Tolstoi -, Ratto -, VF, undersize flan typical of the type, porosity, weight 0.689 g, maximum diameter 9.0 mm, die axis 0o, Constantinople (Istanbul, Turkey) mint, 491 - 498 A.D.; obverse diademed, draped, and cuirassed bust right; reverse monogram of Anastasius ; $190.00 (€167.20)
The Origins of The Anastasian Currency Reform
BL20293. Book The Origins of The Anastasian Currency Reform by D. M. Metcalf, hardcover, 105 pages, 12 plates, ex University of Chicago library; $80.00 (€70.40)
In 492, the Isaurians begin a revolt in southern Central Anatolia. The rebels were defeated in the Battle of Cotyaeum and retreated to their mountain fortresses They continued guerrilla warfare against the Roman forces until 497.SH90890. Gold solidus, DOC I 3e, Morrisson BnF I 1/Cp/AE/2, Ratto 310, Hahn MIB I 4, Sommer 1.2, SBCV 3, Tolstoi -, Wroth BMC -, EF, a few small marks, unusually attractive Victory, weight 4.457 g, maximum diameter 20.2 mm, die axis 180o, 5th officina, Constantinople (Istanbul, Turkey) mint, c. 492 - 498 A.D.; obverse D N ANASTASIVS P P AVC, helmeted and cuirassed facing bust, cross on helmet, spear in right over shoulder, shield on left, trefoil ornament on helmet; reverse VICTORIA AVCCC E (victory of the three emperors, 5th officina), Victory standing slightly left, head left, long jeweled cross resting on ground in her right, star on right, CONOB in exergue; ex Harlan J. Berk, sale 165 (June 2009), lot 32; SOLD
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