Biga Numismatics

Online Auction 34  –  27 October 2024

Biga Numismatics, Online Auction 34

Greek, Roman, Byzantine, Medieval and Islamic Coins, Antiquities

Su, 27.10.2024, from 7:00 PM CET
The auction is closed.

Description

ANONYMOUS. Aes Formatum.(Circa 8th-3rd centuries BC).Ae.

Condition : Good very fine

Material : Bronze.
Axis : 12h

Weight : 63.88 gr
Diameter : 18 mm

The Anonymous Aes Formatum refers to an early form of cast bronze currency used during the Roman Republic, before the widespread introduction of minted coinage. This type of currency, also known as "aes rude" or "aes formatum," consisted of irregularly shaped lumps or bars of bronze that were used primarily for trade and transactions. These early forms of money were not struck or marked with symbols, which is why they are called "anonymous." The term "aes" means bronze in Latin, and "formatum" refers to the shaped or cast form of these bronze pieces.

The use of aes formatum dates back to the 4th and 3rd centuries BCE, during a time when the Roman economy was transitioning from a barter-based system to one that relied on standardized currency. At this stage, bronze was the primary metal used for transactions, especially in everyday commerce, as silver and gold were less accessible for small, routine exchanges.

Aes formatum pieces were often crude and varied greatly in size and weight, lacking any inscriptions or standardized designs. However, some of them were cast in more recognizable shapes, such as disks, rectangles, or even more elaborate forms like animals or tools, suggesting that certain forms held symbolic or practical value. Despite this, they were still used based on their weight in bronze rather than their appearance or denomination.

This type of currency gradually became obsolete as Rome developed a more sophisticated system of coinage, starting with the introduction of aes signatum and later aes grave, which were cast bronze coins featuring standardized symbols and designs. These early coins marked the shift from an irregular weight-based system to a more formalized monetary system, which paved the way for the introduction of minted coins like the denarius.

The Anonymous Aes Formatum represents a critical period in the evolution of Roman money, illustrating the transition from primitive trade using metal objects to a more organized monetary economy. It reflects the early stages of Roman economic development and the practical needs of an expanding republic that required a reliable system of trade and exchange. Although these early bronze pieces lacked the refinement and sophistication of later Roman coins, they played an essential role in shaping the foundations of Roman currency.

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Bidding

Price realized 50 EUR 15 bids
Starting price 5 EUR
Estimate 25 EUR
The auction is closed.
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