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<p>[QUOTE="BenSi, post: 7432297, member: 95174"]Yes it is confusing but true , as far as the evidence is showing. </p><p><br /></p><p>The only place all the denominations circulated was the capital, Constantinople.</p><p><br /></p><p>Outside the capital, the coinage had a different circulation.</p><p><br /></p><p>El Aspron Trachy ( Trikephalon) was circulating in Asia minor, not Greece.</p><p><br /></p><p>Billion Trachy also in Asia minor not Greece. However we know soldiers were paid in billion trachy. He had a silver content up to 8% ( John II had some recorded at 11%)</p><p><br /></p><p>Metropolitan Tetartera is rarely found outside the city, it had a silver content of 2-4% depending on the ruler. It is rare to find them anywhere outside Constantinople and we know from letters from a Princess to her tutor that it had a much higher buying power that the AE tetarteron. ( 12 Mackerel vs a small loaf of bread for AE Tetarteron.) </p><p><br /></p><p>AE Tetarteron are found in Greece and a minor overlap in to Bulgaria. </p><p><br /></p><p>Why the division it is unknown, however it is proven through hoard finds and loose coin finds. </p><p><br /></p><p>It also brings up the question did goods cost more in Asia Minor or was credit being used. We know it was a used practice in the Muslim communities.[/QUOTE]</p><p><br /></p>
[QUOTE="BenSi, post: 7432297, member: 95174"]Yes it is confusing but true , as far as the evidence is showing. The only place all the denominations circulated was the capital, Constantinople. Outside the capital, the coinage had a different circulation. El Aspron Trachy ( Trikephalon) was circulating in Asia minor, not Greece. Billion Trachy also in Asia minor not Greece. However we know soldiers were paid in billion trachy. He had a silver content up to 8% ( John II had some recorded at 11%) Metropolitan Tetartera is rarely found outside the city, it had a silver content of 2-4% depending on the ruler. It is rare to find them anywhere outside Constantinople and we know from letters from a Princess to her tutor that it had a much higher buying power that the AE tetarteron. ( 12 Mackerel vs a small loaf of bread for AE Tetarteron.) AE Tetarteron are found in Greece and a minor overlap in to Bulgaria. Why the division it is unknown, however it is proven through hoard finds and loose coin finds. It also brings up the question did goods cost more in Asia Minor or was credit being used. We know it was a used practice in the Muslim communities.[/QUOTE]
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