Coinage and money in the Byzantine Empire 1081-1261 1969.pdf

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COINAGE AND MONEY
IN THE
BYZANTINE EMPIRE
1081-1261
BY
MICHAEL F. HENDY
Dumbarton Oaks
Center for Byzantine Studies
Trustees for Harvard University
Washington, District of Columbia
1969
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DUMBARTON OAKS STUDIES
0.< XII",
COINAGE AND MONEY
IN THE
BYZANTINE EMPIRE
1081-1261
884771585.003.png
55172
ALL RIGHTS RESERVED BY THE
TRUSTEES FOR HARVARD UNIVERSITY
Acknowledgements
THE DUMBARTON OAKS RESEARCH LIBRARY AND COLLECTION
WASHINGTON. D.G.
Since the informal groundwork for this volume was already under way
while I was still an undergraduate at Oxford, a considerable element of thanks
must go to my former tutor, John Prestwich of The Queen's College, for aiding
and abetting my interest in the Byzantine state and its coinage-even to the
detriment of the fundamentals of historical research which he was endeavoring
to inculcate.
My chief debt of gratitude is due to Philip Grierson, Reader in Mediaeval
Numismatics at Cambridge University. That formal work was begun is almost
entirely due to his encouragement, and that it was completed owes much to
his friendly support over the past three years.
Alfred R. Bellinger, Professor at Yale University and Visiting Scholar at
Dumbarton Oaks, not only performed the unenviable task of reading through
the work while it was still in manuscript, but also showed himself willing to
lend a sympathetic ear to extravagant ideas and to ensure their discarding with
humor and kindliness.
Michael Metcalf, Assistant Keeper of Coins in the Ashmolean Museum,
Oxford, was the first to draw my attention to the possibility of using the
numismatic material in Bulgarian museums and has been most generous in
providing me with information regarding the coins in the Ashmolean Museum
itself, including those from the Goodacre Collection now on loan from Mrs. N. J.
Goodacre.
That this volume contains as much new hoard material as it does is the
result of an extremely pleasant stay of seven months in the People's Republic
of Bulgaria under the terms of a graduate exchange scholarship. That once
there I was actually able to fulfil the possibilities offered by the immense
amount of material available both at Sofia and in the provincial museums
is largely because of the guidance and efforts of Dr. Todor Gerassimov, Head of
the Coin Cabinet at the Archaeological Museum of the Academy of Sciences.
Warm thanks for cooperation, and in many cases for personal hospitality, are
also due to the staff of the Archaeological Museums at Plovdiv, Pazardzhik,
Stara Zagora, Kazanluk, Turnovo, Assenovgrad, Nova Zagora, Sliven, and
Blagoevgrad. Particular thanks must go to Messrs. Dzhambov and Kolev of
Plovdiv, Nikolov of
Distributed by
J. J. Augustin, Publisher
Locust Valley, New York
Stara Zagora,
and Getov of
Kazanluk,
and to Mme
Gizdova of Pazardzhik.
The possibility of turning this into a book is very largely due to the generosity
of Dumbarton Oaks in electing me to a Junior Fellowship and in prolonging
v
Library of Congress Catalogne Card Number 62-17509
Printed in Germany at J. J. Augnstin, Gliickstadt
884771585.004.png
ACKNOWLEDGEMENTS
VI
it over two years. For most Byzantine scholars such a stay means the provision
of admirable working conditions and the use of a splendid library; for a numis-
matist it means, in addition, the privilege of access to one of the great coin
collections of the world. I am also profoundly grateful to the Publications
Committee for accepting the volume for publication in their series of Stuclies.
Special mention must be made of the indefatigable efforts of Mrs. Margaret
Sevcenko who not only typed my manuscript but also attempted at that late
stage to correct the major blemishes of language that had hitherto escaped.
Photographs of coins in the Munzkabinett, Berlin, were obtained through
the kind offices of Dr. Peter Berghaus of Munster.
I owe Plates 48-50 to the generosity of Paul A. Underwood, Professor at
Dumbarton Oaks. *
Messrs. Wallace Lane and Richard Amt, the Dumbarton Oaks photogra-
phers, have exercised their skill (and patience) in providing the photographic
plates for the volume mainly by direct photography rather than by the more
usual process utilizing plaster casts. The casting of over four hundred scyphate
coins, many in lamentable style and regrettable state of preservation, would
have been a gigantic task.
Messrs. John Wilson and Robert Halpin of Dumbarton Oaks have used
their admirable talents in drawing the maps at the end of the volume.
Finally, my thanks must be extended to the authorities of the various
museums and institutions that have allowed me to illustrate material from
their coin cabinets: the British Museum, the Ashmolean Museum, the Biblio-
theque Nationale, the American Numismatic Society, and the Johns Hopkins
University Museum. Mr. Philip Whitting also kindly gave me the freedom
of his considerable collection. To Mme Ucile Morrisson of the Bibliotheque
N ationale the author owes a particular debt of gratitude for friendly hospi-
tality and cooperation.
Table of Contents
v
Acknowledgements
List of Plates .
Selected Numismatic Bibliography
Xl
xm
xvii
List of Abbreviations .
List of Ligatured Letters Used in Inscriptions.
XVlll
SECTION I: PRELIMINARIES
The Eleventh Century: Monetary Crisis
Specific Gravity Determinations: Gold and Electrum
Nomismata ca. 1081-1203
The Twelfth Century: Monetary Recovery.
CHAPTER I
CHAPTER 2
3
10
14
26
CHAPTER 3
CHAPTER 4
CHAPTER 5
CHAPTER 6
The Monetary Terminology of the Twelfth Century.
The Date of the Alexian Monetary Reform
The Palaia kai Nea Logarike
Imperial Ceremonial Costume
39
50
65
CHAPTER 7
SECTION II: THE COINS 1081-1204
7 1
7 1
81
102
III
13 1
13 2
13 6
143
143
CHAPTER 8
The Comneni .
(i) Alexius I, Pre-reform, 1081-1092.
(ii) Alexius I, Post-reform, I092-III8
(iii) John II (rrI8-II43)
(iv) Manuel I (rr43-II80)
(v) Alexius II (rr80-rr84)
(vi) Andronicus I (II83-II8S)
(vii) Isaac, Usurper in Cyprus (rr84-II9I) .
M. F. Hendy
Dumbarton Oaks
24 May 1967
* Since the above was written, we regret to announce the death of Professor Underwood in Sep-
tember 1968.
Ed.
CHAPTER 9
The Angeli and Ducae
.
(i)
Isaac II (rr8S-II9S)
Isaac
(ii)
Uncertain
Attribution:
Isaac
Comnenus
or
Angelus
147
Vll
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TABLE OF CONTENTS
IX
viii
TABLE OF CONTENTS
SECTION IV: GENERAL CONSIDERATIONS
(iii)
Theodore Mangaphas, Usurper in Philadelphia (II89-
II90).
3 0 I
CHAPTER I3
Apodesmoi and Apokombia
.
.
.
.
.
.
.
.
.
.
I49
ISO
Is6
IS6
(iv)
Alexius III (II9S-I203) .
.
.
3 I S
CHAPTER I4
The Coinage and the Economy
(v)
Isaac II, Alexius IV (I203-I204) .
(vi)
Alexius V (I204)
.
.
.
.
SECTION V: MATERIALS
CHAPTER IO
The Internal Organization of the Metropolitan Mint
IS7
CHAPTER IS List of Hoards.
SUPPLEMENTARY NOTE.
Key to Plates.
Indexes .
I. Rulers, Mints, and Denominations
II. Hoards
Ill. Imperial Ceremonial Costume
IV. Religious Figures
V.
SECTION Ill: THE COINS I204-I26I
CHAPTER II (i)
The Imitative Coinage of
the Period of the Latin
Emperors
(I204-I26I)
and Kings of
Thessalonica
(I204-I224)
.
I9 I
(ii)
The Imitative Coinage of the Period of the Asenid
Tsars of Bulgaria (ca. II9S-?)
2I8
223
(iii)
Summary.
General
Plates
Maps
The Lands of the Byzantine Empire I08I-I26I
Hoard Locations
CHAPTER I2
The Empires of Nicaea and Thessalonica
(i) The Empire of Nicaea .
Theodore I (I208-I222) .
John III (I222-I2S4)
Theodore II (I2S4-I2S8)
John IV (I2S8/S9). . .
Michael VIII (I2S8/S9-I26I).
Uncertain Nicaean Attribution . . .
The Family Names of the Emperors of Nicaea
(ii) The Empire of Thessalonica .
Theodore Ducas (I224-I230).
Manuel Ducas (I230-I237) .
John Ducas (I237-I244) .
Demetrius Ducas (I244-I246) .
Uncertain Thessalonican Attribution. .
(iii) Thessalonica under the Emperors of Nicaea
John III (I246-I2S4)
Theodore II (I2S4-I2S8) .
Michael VIII (I2S8/S9-I26I).
(iv) Other Rulers. . . .
The "Despots" of Epirus . . . . . .
Leo and John Gavalas, Rulers of Rhodes (ca. I204-
ca. I2S0).
224
227
227
237
256
26I
26I
26 4
266
26 7
268
274
279
288
28 9
29 0
29 0
295
295
29 6
29 6
29 6
29 6
297
.
.
.
.
.
.
.
.
.
Ivan II Asen, Tsar of Bulgaria (I2I8-I24I)
"Stefan Ducas Rex"
.
.
.
.
.
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