The modern reading of ancient literature involves a mode of reception that is not merely scholarly or antiquarian. Instead, aesthetic experience allows for a direct relationship between reader and work, despite the historical distance. Today's consumer cannot participate in the ancient economy by trying to use an Athenian coin as legal tender; but today's reader can participate in the ancient literary imagination though an authentic engagement with the Homeric text (no matter how much contemporary circumstances necessarily also enter into that encounter with the ancient text). Thus the historicist imperative of periodization evidently stands at odds with the potential for immediacy associated with literary reception and aesthetic experience.