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<p>[QUOTE=&quot;Victor_Clark, post: 4542303, member: 10613&quot;]The VLPP was introduced as part of the new coin reform of A.D. 318 (108 coins struck to the pound). They had circa 4% silver and replaced the IOVI coinage (96 to the pound) which had circa 2% silver. So initially there was a lot of unofficial VLPP production to fill the void. This was likely a popular currency due to the higher silver and it probably reminded people of the earlier billon issue, so these reasons may have contributed to high numbers of unofficial issues. Constantinian campgates were struck after the reform of 324 which dropped the silver to about 3%. Less unofficial campgates seem to have been struck, so perhaps less demand; maybe official coinage circulated better during that period. Maybe people hoarded higher silver official VLPP&#039;s and wanted unofficial coinage to spend, but campgates with less silver were treated differently?[/QUOTE]</p><p><br /></p>

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