Ilion/ Confederation of Athena Ilias: -130 To -100 Decree regulating the foundation set up by Hermias towards the financing of the Panathenaia

region:
Troad
City:
Ilion/ Confederation of Athena Ilias
Place of Publication:
http://nomisma.org/id/ilium
Place of Conception:
http://nomisma.org/id/ilium
reference in full:
I.Ilion 52
reference:
I.Ilion
Reference Number:
52
Bibliographic URL:
https://zenon.dainst.org/Record/000161956
date:
Late 2nd BCE
date cert:
CERTAIN
date from:
-130
date to:
-100
description:
Decree regulating the foundation set up by Hermias towards the financing of the Panathenaia
phi url:
https://inscriptions.packhum.org/text/287661?bookid=718&location=1631
PHI ID:
287661
TM ID:
843790
Document Type:
Record of foundation
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References to monetary behaviour (7)

PLACE OF TRANSACTION AUTHORITY ACTIVITY PURPOSE/FOCUS CONTEXT/FIELD OF ACTION LINES Monetary Material Commodity Coin Denomination/Unit of Monetary Measurement NOTES
http://nomisma.org/id/ilium Individual Testament and foundation Festival Religious ll. 1-10 Alexandreian drachma (δραχμὴ Ἀλεξάνδρεια/Ἀλεξανδρείου (ἀργυρίου)) Foundation of 15,000 drachmas.
http://nomisma.org/id/ilium City Regulation Loan Uncertain ll. 14-16 Dekaton/epidekaton (δέκατον/ἐπιδέκατον) The capital sum to be lent out by public bankers, including the 2 months' interest that will accrue to the capital (250 drachmas, as the donation was made two months before the end of the year), so as to generate 10% profit each year (1525 drachmas).
http://nomisma.org/id/ilium City Regulation Sacrifices Religious ll. 16-31 Drachma (δραχμή) The 10% profit from interest, i.e. 1,525 drachmas, to be used to pay for the procession and sacrifice to Athena, with each tribe receiving 127 drachmas and 3 obols.
http://nomisma.org/id/ilium City Regulation Sacrifices Religious ll. 16-31 Triobolon (τριώβολον) The 10% profit from interest, i.e. 1,525 drachmas, to be used to pay for the procession and sacrifice to Athena, with each tribe receiving 127 drachmas and 3 obols.
http://nomisma.org/id/ilium City Regulation Sacrifices Religious ll. 16-31 Silver Argyrion (unspecified silver money) (ἀργύριον) The 10% profit from interest, i.e. 1,525 drachmas, to be used to pay for the procession and sacrifice to Athena, with each tribe receiving 127 drachmas and 3 obols.
http://nomisma.org/id/ilium City Regulation Taxation Civic l. 20 Triakoste (τριακοστή) The 127 drachmas and 3 obols to be free from the 1/30 tax, probably a tax on capital gains.
http://nomisma.org/id/ilium City Regulation Penalty Uncertain ll. 31-32 Drachma (δραχμή) Penalty for disobeying the decree, mention of 50 drachmas.