User:Maximus Rex/re

The economy of Roman Egypt, which was a province of the Emperor, was __completely separate from Rome, including its own coinage. See Roman Provinical coinage.

Prior to Rome
The only coin produced by a native pharaoh of Egypt is a very rare gold stater of Nektanebo II (Nakhthoreb? Nectanebo II?) from around 350 BC. Following the invasion of Egypt by Alexander the Great in 332 BC, coins based on Greek coinage were produced by his general Ptolemy initially in the name of Alexander and later under his own name. The __rulers__ of ... Ptolemaic dynasty .... Greek legends.

History
Augustus continued the Ptolemaic system of coinage in Egypt. He issued 80 and 40 drachm coins (marked &Pi; and &Mu; respectively) of the same weight and size as Cleopatra and until 20 AD older Ptolemaic silver was still legal tender. The closed economy of Egypt ___. Augustus _bronze issues_. In __ Tiberius (14-37) introduced a billon (low grade silver) tetradrachm which contained ___. Claudius (41-54) also issued billon didrachm and drachm, both of which are very rare today. Nero (54-68) etc ... Diocletian; Byzantine 12 nummi fabric

Denominations
The denominations produced were based on the Greek coinage system used under the Ptolemys. The main denominations was the billon (low grade silver) tetradrachm. In addition to the billon tetradrachm there was also a large bronze drachm and fractions including the hemidrachm, diobol, obol, dichalkon, and chalkon. Attic standard.

Reverse types
Many different.

Dating
Coins of Roman Egypt are dated by regnal year according to the Egyptian calendar. Since the dating was based on the Egyptian calendar, which begins on August 29th, an emperor that reigns from June to November of a single year will has 2 regnal years under the Egyptian calendar. The regnal year is indicated, on the reverse, by 'L' followed by the corresponding Greek numeral for the year (A for 1, B for 2, etc.). Sometimes the word for year (ETOYC in Greek) followed by the number spelled out is (such as TPITOY for 3) was used. Coins were when needed, so every regnal year is represented for all emperors.

Milne