History I / Numismatics and Epigraphy
Practice question · Numerical answer

The denarius fell from about 97% silver under Augustus to about 5% by the mid-third century. By what percentage of its original fineness had it fallen? (Give the drop as a percentage of the original, to the nearest whole number.)

Hints
  1. The drop is 975=9297 - 5 = 92 points.
  2. 92/97×10092 / 97 \times 100.
Show the answer

95 (answers within ±2 count)

Why

About 95% of the silver, gone. You can weigh the third-century crisis: the state kept the coin’s name and face and quietly removed almost everything it was made of, an inflation curve preserved in metal.

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