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5.6 Tons Of Ancient Coins Unearthed
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<p>[QUOTE="Sallent, post: 2891774, member: 76194"]It seems like every year or two we find another 2 to 5 ton Chinese cash coin hoard, plus thousands of individual coins. Only 2 years ago a huge 10+ ton hoard was discovered. And then you wonder why some 2,000 year old Chinese coins only cost $4 Dollars.</p><p><br /></p><p>It appears the ancient Chinese were probably casting tens of millions of these bronze coins every year. How else do you explain their abundance and the frequent occurrences of these huge hoards? I bet the mintage rates, had we had the figures, would be mind blowing. I'm willing to bet over 10,000,000 coins in the slowest years, and perhaps over 20,000,000 a year during times when the empire needed to fund wars. Repeat that for 2,000+ years and the numbers get astronomical...at least 20,000,000,000 cash coins minted, and maybe as high as 30,000,000,000 could be possible.</p><p><br /></p><p>Funny enough, China does not officially allow any export of ancient Chinese coins, even though thousands go west every year through Hong Kong and illicitly. I wonder what they do with those thousands they don't want exported? What museum is prepared to house a 10 ton hoard of super common Chinese Cash coins?[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 2891774, member: 76194"]It seems like every year or two we find another 2 to 5 ton Chinese cash coin hoard, plus thousands of individual coins. Only 2 years ago a huge 10+ ton hoard was discovered. And then you wonder why some 2,000 year old Chinese coins only cost $4 Dollars. It appears the ancient Chinese were probably casting tens of millions of these bronze coins every year. How else do you explain their abundance and the frequent occurrences of these huge hoards? I bet the mintage rates, had we had the figures, would be mind blowing. I'm willing to bet over 10,000,000 coins in the slowest years, and perhaps over 20,000,000 a year during times when the empire needed to fund wars. Repeat that for 2,000+ years and the numbers get astronomical...at least 20,000,000,000 cash coins minted, and maybe as high as 30,000,000,000 could be possible. Funny enough, China does not officially allow any export of ancient Chinese coins, even though thousands go west every year through Hong Kong and illicitly. I wonder what they do with those thousands they don't want exported? What museum is prepared to house a 10 ton hoard of super common Chinese Cash coins?[/QUOTE]
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