20 Nummi - Justinian I (Perugia; II) ND (553-554) front 20 Nummi - Justinian I (Perugia; II) ND (553-554) back
20 Nummi - Justinian I (Perugia; II) ND (553-554) photo
© Jean Elsen & ses Fils s.a.

20 Nummi - Justinian I Perugia; II ND

 
Copper 10 g 25 mm
Description
Issuer
Byzantine Empire (Byzantine states)
Emperor
Justinian I (527-565)
Type
Standard circulation coin
Years
553-554
Value
½ Follis = 20 Nummi (1⁄360)
Currency
First Solidus Nomisma (498-720)
Composition
Copper
Weight
10 g
Diameter
25 mm
Shape
Round (irregular)
Technique
Hammered
Orientation
Variable alignment ↺
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#301273
Rarity index
100%

Reverse

Large K between I/N/D/I and numerals representing the indictional year, cross above, P beneath.

Scripts: Greek, Latin

Lettering:

K
INDI II
P

Translation:
K : "20" nummi (= ½ follis).
INDI II : "2nd indiction".
P : "Perugia".

Interesting fact

The Justinian I coin was issued during a time of significant economic and political change in the Byzantine Empire. The coinage reform of 538-541, which introduced the nummus, a new denomination of coin, was an attempt to address the empire's financial difficulties and stabilize the currency. The nummus was initially made of copper, but as inflation set in, the coin's value decreased, and it was eventually made of bronze. This coin, issued during the reign of Justinian I, is an example of the nummus coinage and represents an interesting piece of economic history.