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Moneyer
A moneyer is a private individual who is officially permitted to mint money. Usually the rights to coin money are bestowed as a concession by a state or government. Moneyers have a long tradition, dating back at least to ancient Greece. They became most prominent in the Roman Republic, and continued into the Empire. In Rome the position of Triumvir Monetalis, held by three people at a time, was a minor magistracy awarded by the Senate, often the first office held by a young politician. Marcus Aurelius is one famous example; John Hull is another with his founding of the Hull Mint for the Massachusetts Bay Colony. Moneyers were not limited to the ancient world. When European coinage was revived during the Middle Ages, moneyers again were trusted to create currency on behalf of kings and potentates. For a large part of that era, virtually all coins in circulation were silver pennies, and these often bore the name or other identification of the moneyer.Grierson et al. 2007 See ...
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Triumvir Monetalis
The ''triumvir monetalis'' ( ''tresviri'' or ''triumviri monetales'', also called the , abbreviated IIIVIR A. A. A. F. F.) was a moneyer during the Roman Republic and the Empire, who oversaw the minting of coins. In that role, he would be responsible for the "ordinary coinage" during the republican period (contrasted to extraordinary coinage, usually minted by other magistrates, done on an ''ad hoc'' basis). Roman moneyers almost always acted together as a board of three, hence their title ''triumvir''. Over the course of the late Republic from 139 BC onwards, the moneyers started to mint more personalised coins which advertised their lineages, achievements of ancestors, and other leaders. From Caesar's dictatorship onwards, however, their freedom to do so diminished, before the empire's emergence coincided with the minting only of coins depicting the emperor and the imperial family. The office continued into the imperial period as an administrative post. Duties and selec ...
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Roman Republican Coinage
Roman Republican currency refers to the coinage struck by the various magistrates of the Roman Republic, to be used as legal tender. In modern times, the abbreviation RRC, "Roman Republican Coinage" originally the name of a reference work on the topic by Michael H. Crawford, has come to be used as an identifying tag for coins assigned a number in that work, such as RRC 367. Coins came late to the Republic compared with the rest of the Mediterranean, especially Ancient Greek coinage, Greece and Asia Minor where coins were invented in the 7th century BC. The currency of central Italy was influenced by its natural resources, with bronze being abundant (the Etruscans were famous metal workers in bronze and iron) and silver ore being scarce. The coinage of the Roman Republic started with a few silver coins apparently devised for trade with the Greek colonies in Southern Italy, and heavy Casting (metalworking), cast bronze pieces for use in Central Italy. During the Second Punic wars, P ...
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List Of Roman Moneyers During The Republic
During the Roman Republic, moneyers were called ''tresviri aere argento auro flando feriundo'', literally "three men for casting (and) striking bronze, silver (and) gold (coins)". This was a board of the college of the ''vigintiviri'', or Board of twenty (later briefly the Board of twenty-six), '' vigintisexviri''. The title was abbreviated III. VIR. AAAFF. or even III. VIR. A.P.F. (''tresviri ad pecuniam feriundam'') on the coinage itself. These men were collectively known as the ''tresviri monetales'' or sometimes, less correctly, as the ''triumviri monetales''. The singular is ''triumvir monetalis''. In English, they are most correctly called mint magistrates, since 'moneyers' may imply that they actually struck the coins themselves. In the early times of the Republic, there are few records of any officers who were charged with the superintendence of the mint, and there is little respecting the introduction of such officers apart from a very vague statement from Pomponius. I ...
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Roman Currency
Roman currency for most of Roman history consisted of gold, silver, bronze, orichalcum and copper coinage. From its introduction to the Republic, during the third century BC, well into Imperial times, Roman currency saw many changes in form, denomination, and composition. A persistent feature was the inflationary debasement and replacement of coins over the centuries. Notable examples of this followed the reforms of Diocletian. This trend continued into Byzantine times. Due to the economic power and longevity of the Roman state, Roman currency was widely used throughout western Eurasia and northern Africa from classical times into the Middle Ages. It served as a model for the currencies of the Muslim caliphates and the European states during the Middle Ages and the Modern Era. Roman currency names survive today in many countries, such as the Arabic dinar (from the ''denarius'' coin), the British pound, and the peso (both translations of the Roman '' libra''). Authority to mint ...
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John Hull (merchant)
Captain John Hull (18 December 16241 October 1683) was a silversmith, goldsmith, Mintmaster and Treasurer for the Massachusetts Bay Colony. Hull was born in Market Harborough, Leicestershire, England. He married Judith Quincy (1626–1695), daughter of Judith Pares (d. 1654) and Edmund Quincy, progenitors of the prestigious Quincy family. His nephew, Daniel Quincy (1651–1690) was an apprentice to Hull. Daniel Quincy was great grandfather to Abigail Smith Adams; first Second Lady of the United States and the second First Lady of the United States. Education Hull was "the earliest scholar who can now be named of Philemon Pormort, whose school, the only one in Boston, the first school of public instruction in Massachusetts " (Boston Latin School). "On May 11, 1647 the twenty two year old John Hull married Judith Quincy, daughter of Edmund Quincy (1602-1636) and Judith Quincy. In his diary John Hull wrote that he had been married in his own house, his exact words were, ...
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Massachusetts Bay Colony
The Massachusetts Bay Colony (1630–1691), more formally the Colony of Massachusetts Bay, was an English settlement on the east coast of North America around the Massachusetts Bay, the northernmost of the several colonies later reorganized as the ''Province of Massachusetts Bay''. The lands of the settlement were in southern New England, with initial settlements on two natural harbors and surrounding land about apart—the areas around Salem and Boston, north of the previously established Plymouth Colony. The territory nominally administered by the Massachusetts Bay Colony covered much of central New England, including portions of Massachusetts, Maine, New Hampshire, and Connecticut. The Massachusetts Bay Colony was founded by the owners of the Massachusetts Bay Company, including investors in the failed Dorchester Company, which had established a short-lived settlement on Cape Ann in 1623. The colony began in 1628 and was the company's second attempt at colonization. It was s ...
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Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possess intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can cause good money to lo ...
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Concession (contract)
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility (such as a water privatisation) for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term ''affermage''), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf of the g ...
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Ancient Greece
Ancient Greece ( el, Ἑλλάς, Hellás) was a northeastern Mediterranean civilization, existing from the Greek Dark Ages of the 12th–9th centuries BC to the end of classical antiquity ( AD 600), that comprised a loose collection of culturally and linguistically related city-states and other territories. Most of these regions were officially unified only once, for 13 years, under Alexander the Great's empire from 336 to 323 BC (though this excludes a number of Greek city-states free from Alexander's jurisdiction in the western Mediterranean, around the Black Sea, Cyprus, and Cyrenaica). In Western history, the era of classical antiquity was immediately followed by the Early Middle Ages and the Byzantine period. Roughly three centuries after the Late Bronze Age collapse of Mycenaean Greece, Greek urban poleis began to form in the 8th century BC, ushering in the Archaic period and the colonization of the Mediterranean Basin. This was followed by the age of Cl ...
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Roman Republic
The Roman Republic ( la, Res publica Romana ) was a form of government of Rome and the era of the classical Roman civilization when it was run through public representation of the Roman people. Beginning with the overthrow of the Roman Kingdom (traditionally dated to 509 BC) and ending in 27 BC with the establishment of the Roman Empire, Rome's control rapidly expanded during this period—from the city's immediate surroundings to hegemony over the entire Mediterranean world. Roman society under the Republic was primarily a cultural mix of Latin and Etruscan societies, as well as of Sabine, Oscan, and Greek cultural elements, which is especially visible in the Roman Pantheon. Its political organization developed, at around the same time as direct democracy in Ancient Greece, with collective and annual magistracies, overseen by a senate. The top magistrates were the two consuls, who had an extensive range of executive, legislative, judicial, military, and religious p ...
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Roman Empire
The Roman Empire ( la, Imperium Romanum ; grc-gre, Βασιλεία τῶν Ῥωμαίων, Basileía tôn Rhōmaíōn) was the post-Roman Republic, Republican period of ancient Rome. As a polity, it included large territorial holdings around the Mediterranean Sea in Europe, North Africa, and Western Asia, and was ruled by Roman emperor, emperors. From the Constitutional reforms of Augustus, accession of Caesar Augustus as the first Roman emperor to the Crisis of the Third Century, military anarchy of the 3rd century, it was a Principate with Roman Italy, Italia as the metropole of Roman province, its provinces and the Rome, city of Rome as its sole capital. The Empire was later ruled by dominate, multiple emperors who shared control over the Western Roman Empire and the Byzantine Empire#Early history, Eastern Roman Empire. The city of Rome remained the nominal capital of both parts until AD 476 when the imperial insignia were sent to Constantinople following the capture of ...
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Marcus Aurelius
Marcus Aurelius Antoninus (Latin: áːɾkus̠ auɾέːli.us̠ antɔ́ːni.us̠ English: ; 26 April 121 – 17 March 180) was Roman emperor from 161 to 180 AD and a Stoic philosopher. He was the last of the rulers known as the Five Good Emperors (a term coined some 13 centuries later by Niccolò Machiavelli), and the last emperor of the Pax Romana, an age of relative peace and stability for the Roman Empire lasting from 27 BC to 180 AD. He served as Roman consul in 140, 145, and 161. Marcus Aurelius was born during the reign of Hadrian to the emperor's nephew, the praetor Marcus Annius Verus, and the heiress Domitia Calvilla. His father died when he was three, and his mother and grandfather raised him. After Hadrian's adoptive son, Aelius Caesar, died in 138, the emperor adopted Marcus's uncle Antoninus Pius as his new heir. In turn, Antoninus adopted Marcus and Lucius, the son of Aelius. Hadrian died that year, and Antoninus became emperor. Now heir to the throne, ...
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