Nummularii as Public and Private Bankers in the Ancient Rome Cover Image

Nummularii – государственные и частные банкиры в древнем Риме
Nummularii as Public and Private Bankers in the Ancient Rome

Author(s): Piotr Niczyporuk
Subject(s): Law, Constitution, Jurisprudence, History of Law, Ancient World
Published by: Wydawnictwo Uniwersytetu w Białymstoku
Keywords: nummularii; private bankers; ancient Rome; argentarii;

Summary/Abstract: Nummularii, like the other groups of entrepreneurs in the ancient Rome, such as tra- pezitae, argentarii, mensarii, mensularii, coactores, coactores argentarii, stipulatores argentarii, collectarii, were engaged in the banking business. Among the wide range of services offered by the Roman bankers nummularii dealt initially only with the quality andexchange of coins. Therefore, by performing these operations they performed the role of official assay institutions. Their duties were initially primarily to examine coins and metal from which they were made, and setting the value of minted gold and silver co- ins. Nummularii have used empirical examining methods, based on the senses of sight, touch, hearing, and by comparing them to the patterns and samples. They also checked whether the coin was minted by the appropriate authority. There is no evidence that other bankers, in addition to nummularii, were involved in the control of the quality of the coin. Presumably, after some time they expanded their business in banking. In addi- tion to examining the quality of coins nummularii also engaged in their exchange. They conducted also deposit operations and that’s why they became competitors to argentarii on the market of banking services.

  • Issue Year: 12/2014
  • Issue No: 1
  • Page Range: 57-74
  • Page Count: 18
  • Language: Russian