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  [Image]                               Item Sold At Auction #7
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                  Web Product ID: 462
                  Estimate: $150.00
                  Final Sale Price: $93.50
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                  Denomination: Follis
                  Grade: Good VF green patina
                  Reference: DOC I 23; SB 19




  Anastasius I. 491-518 AD. Æ Follis (18.38 gm). Struck after 512 AD. Constantinople
  mint. D N ANASTASIVS P P AVG, diademed and draped bust right / Large M, cross above,
  star to either side; A/CON. DOC I 23; SB 19. Good VF, green patina. Estimate $150.



  Anastasius, who revolutionized the Roman monetary system with his coinage reform of
  498 AD, made another major change circa 512, when he introduced the large-module
  follis of 16-20 grams weight and approximately 35mm in diameter. Like its smaller
  predecessor, the large-module follis was valued at 40 small bronze nummi and clearly
  marked on the reverse with the Greek numeral M--40. It was also valued at 1/180th of
  a gold solidus and 1/15th of a silver miliarense. It was the largest, most impressive
  Roman bronze coin to be issued since the sestertius of four centuries earlier, and
  must have been a major step in restoring confidence in the economy of the Eastern
  Roman Empire.


Used by permission of CNG, www.historicalcoins.com