Thread: New Hoard of Denarii Found

Short article but at least it has good pics.

http://www.pasthorizonspr.com/index....-at-vindolanda

Thats pretty cool, and with a nice variety for only 21 coins

Mat: Thank you for another great link. I wish there were close-up pictures as well as pictures of the reverses.

Good stuff. Thank you, again.

guy

nice link, thanks for sharing! i'm with bart and wish they had posted pics of the reverses.

Originally Posted by Bart9349

Mat: Thank you for another great link. I wish there were close-up pictures as well as pictures of the reverses.

Good stuff. Thank you, again.

guy

No problem, I know they usually dont get many replies but I still enjoy reading them and sharing for folks who do like these stories.

I really like the Nervas...

Originally Posted by mat

.

I really like the Nervas...

It is interesting that the article states they were found under the floor of an apartment dated AD 180-200.

If this is correct, some of the coins could have been in circulation for nearly a 100 years. (Nerva ruled AD 96-98.)

This is consistent with the thought that many silver coins frequently circulated decades and even centuries before they were hoarded and removed from circulation during the later silver debasement.



Once again, good stuff.

guy

P.S. You have to love Gresham's law:

http://en.wikipedia.org/wiki/Gresham%27s_law

Gresham's law states that any circulating currency consisting of both "good" and "bad" money (both forms required to be accepted at equal value under legal tender law) quickly becomes dominated by the "bad" money. This is because people spending money will hand over the "bad" coins rather than the "good" ones, keeping the "good" ones for themselves

guy

Originally Posted by Bart9349

If this is correct, some of the coins could have been in circulation for nearly a 100 years. (Nerva ruled AD 96-98.)

Looks like the bottom center is Vespasian, so we can push back the date to 79 at the latest, meaning one coin there could have exceeded a century of circulation.

They look like different varieties.

Somebody's coin collection, perhaps?

Originally Posted by willieboyd2

They look like different varieties.

Somebody's coin collection, perhaps?

Your statement has me thinking: Wouldn't one bury the most precious of their precious metal coins and spend the more recently debased coinage?

If Vespasian is the earliest coin in the hoard, what is the latest?

I assume that by AD 200 the debasement of the coinage was noticeable. The more recent coinage would have been used for daily spending first since they were officially the same value as the more intrinsically valuable purer and older silver coinage. (See Gresham's law.) The older, more valuable coinage would have been "hoarded."

guy

Originally Posted by willieboyd2

They look like different varieties.

Somebody's coin collection, perhaps?

I was thinking that too

Money for the milk man?

In the middle row, I can see a Hadrian (117-138), Nerva (96-97), and a Marcus Aurelius (161-180), and an Antonius Pius (138-161). In the top row is a (Diva) Faustina I, wife of Antonius Pius (died 141)...I think.

Can anyone else make out any of the other coins?

My tired eyes can barely see the screen, now.

As Willieboyd suggested, maybe this really was someone's coin collection.

guy

Very cool!

Originally Posted by Bart9349

In the middle row, I can see a Hadrian (117-138), Nerva (96-97), and a Marcus Aurelius (161-180), and an Antonius Pius (138-161). In the top row is a (Diva) Faustina I, wife of Antonius Pius (died 141)...I think.

Can anyone else make out any of the other coins?

My tired eyes can barely see the screen, now.

As Willieboyd suggested, maybe this really was someone's coin collection.

guy

I see Nerva, Trajan, Hadrian, A Pius, L. Verus, M. Aurelius, Commodus? Faustina I, and Vespasian?