518

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Year 518 (DXVIII) was a common year starting on Monday of the Julian calendar. At the time, it was known as the Year of the Consulship of Paulus without colleague (or, less frequently, year 1271 Ab urbe condita). The denomination 518 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years.

EventsEdit

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Byzantine EmpireEdit

  • July 9 – Emperor Anastasius I dies childless at Constantinople, age 88, after a 27-year reign in which he has abolished the sale of offices, reformed taxation, and perfected the empire's monetary system, but antagonized some with his heretical Monophysite religious policies. He is succeeded by Justin (Flavius Justinus), his comes excubitorum, commander of the palace guard. After his death, he leaves the imperial treasury richer by 23,000,000 solidi or 320,000 pounds of gold.<ref>P. Brown, The world of late antiquity, W.W. Norton and Co. 1971 (p. 147)</ref>
  • Justin I founds the Justinian dynasty and makes his nephew Flavius Petrus Sabbatius (later Justinian I) his trusted advisor. He becomes the emperor's close confidant and possibly acts as regent.<ref>Moorhead (1994), p. 21-22, with a reference to Procopius, Secret History 8.3.</ref> Theocritus, candidate to the throne, is accused of a conspiracy and executed.

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