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40 Nummi - Anastasius I Dicorus Nicomedia, Type M, Small Module

Issuer Byzantine Empire
Year 498-518
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Value 40 Nummi = 1 Follis (1⁄180)
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Obverse description Diademed, draped, and cuirassed bust of Emperor Anastasius I facing right, rendered in the late antique imperial tradition. A small cross is placed above the front of the diadem, emphasizing the Christian character of Byzantine sovereignty. The effigy displays the conventional frontal portraiture of the period, with stylized facial features typical of early Byzantine die-cutting. The surrounding field carries the imperial titulature legend in Latin characters.
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Mintage ND (498-518)
Additional information

Anastasius I's currency reform of 498 AD was one of the most consequential fiscal decisions in late Roman history — he reintroduced large, clearly marked bronze denominations after decades in which Byzantine small change had degenerated into anonymous, barely distinguishable nummi worth almost nothing individually. The 40-nummi piece, marked M, gave ordinary transactions a usable coin again.

The Nicomedia mint's small-module output sits at the practical edge of that reform. Nicomedia had been a senior imperial capital under Diocletian, and its mint retained prestige even as Constantinople dominated production.

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