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<p>[QUOTE=&quot;gsimonel, post: 2570983, member: 82549&quot;]I think Gresham&#039;s Law comes into play here (good money drives out bad). Less than 5 years after his death, his son Caracalla introduced the &quot;double&quot; denarius, known today as the antoninianus, which contained approximately 1 1/2 times the silver as a genuine denarius. Denarii were probably pulled out of circulation and hoarded as use of the antoninianus became widespread. Because of this, many Severan-era denarii have been preserved with very little wear.</p><p><br /></p><p>We see this occur several times over the history of the Roman Empire. There are many beautiful examples of large, early-reform, 4th century nummi to be found today at very reasonable prices because shortly after their introduction their size was dramatically reduced. We even see this in U.S. coinage. Go to any coin show and you&#039;ll find numerous examples of XF and UNC silver from 1964, the year before we switched to clad coinage.[/QUOTE]</p><p><br /></p>

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