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<p>[QUOTE="Marsyas Mike, post: 2883524, member: 85693"]Interesting thread, Curtisimo - thanks for bringing it up. I think both Domitian and Severus Alexander made efforts to bump up the silver content early in their respective reigns, then gave up. I'm still puzzled by the fairly frequent occurrence of overweight antoniniani - those 5 gram examples that defy all efforts to historically justify (there's been some interesting posts here). Or for that matter, what the heck is an antoninianus exactly? There's some seriously weird information out there - a 5th century Frankish grave full of denarii of Antoninus Pius, etc.? Were these circulating, or were they special quasi-jewelry heirloom pieces? <a href="http://www.academia.edu/1171510/The_Coins_in_the_Grave_of_King_Childeric" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.academia.edu/1171510/The_Coins_in_the_Grave_of_King_Childeric" rel="nofollow">http://www.academia.edu/1171510/The_Coins_in_the_Grave_of_King_Childeric</a></p><p><br /></p><p>Here's a good article on debasement, etc.</p><p><br /></p><p><a href="https://www.forumancientcoins.com/historia/de-basement/economy.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.forumancientcoins.com/historia/de-basement/economy.html" rel="nofollow">https://www.forumancientcoins.com/historia/de-basement/economy.html</a></p><p><br /></p><p>The question of debasement and Gresham's Law is very interesting in regards to Roman coinage. Money is funny, and how exactly money is used by people is fraught with all sorts of complications having little to do with, say, silver content. Those cruddy 4th century bronze coins often show considerable circulation wear, which is to say they were used. What choice do you have? I've read somewhere that these little bronze coins were distributed in bags of 1000 or more - much the way Chinese cash coins were tied together in big groups. This sort of currency - a far cry from good silver - worked for centuries. </p><p><br /></p><p>And it works today - as bad as a little bitty radiate was, a Roman of 450 AD would be astonished by our used of strips of paper (i.e. Federal Reserve Notes), and baffled by an e-check or online whatever. Like the Romans, we use what is available. And no, I do not understand "Quantitative Easing" but it has something to do with money supply. So did William Jennings Bryan and the farmer and workingman being "crucified" on a "cross of gold." So does the fact that my paycheck went virtual about five years ago and consists of digits on a screen. If it works we use it (again, what choice do we have?). </p><p><br /></p><p>As a collector, however, I call it "silver" if it looks silver; if it's brown, it's not. My guess is the coins below wildly vary in fineness, but I call 'em "silver" - just as a kind of shorthand, not as a precise definition. </p><p><br /></p><p>[ATTACH=full]691562[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Marsyas Mike, post: 2883524, member: 85693"]Interesting thread, Curtisimo - thanks for bringing it up. I think both Domitian and Severus Alexander made efforts to bump up the silver content early in their respective reigns, then gave up. I'm still puzzled by the fairly frequent occurrence of overweight antoniniani - those 5 gram examples that defy all efforts to historically justify (there's been some interesting posts here). Or for that matter, what the heck is an antoninianus exactly? There's some seriously weird information out there - a 5th century Frankish grave full of denarii of Antoninus Pius, etc.? Were these circulating, or were they special quasi-jewelry heirloom pieces? [url]http://www.academia.edu/1171510/The_Coins_in_the_Grave_of_King_Childeric[/url] Here's a good article on debasement, etc. [url]https://www.forumancientcoins.com/historia/de-basement/economy.html[/url] The question of debasement and Gresham's Law is very interesting in regards to Roman coinage. Money is funny, and how exactly money is used by people is fraught with all sorts of complications having little to do with, say, silver content. Those cruddy 4th century bronze coins often show considerable circulation wear, which is to say they were used. What choice do you have? I've read somewhere that these little bronze coins were distributed in bags of 1000 or more - much the way Chinese cash coins were tied together in big groups. This sort of currency - a far cry from good silver - worked for centuries. And it works today - as bad as a little bitty radiate was, a Roman of 450 AD would be astonished by our used of strips of paper (i.e. Federal Reserve Notes), and baffled by an e-check or online whatever. Like the Romans, we use what is available. And no, I do not understand "Quantitative Easing" but it has something to do with money supply. So did William Jennings Bryan and the farmer and workingman being "crucified" on a "cross of gold." So does the fact that my paycheck went virtual about five years ago and consists of digits on a screen. If it works we use it (again, what choice do we have?). As a collector, however, I call it "silver" if it looks silver; if it's brown, it's not. My guess is the coins below wildly vary in fineness, but I call 'em "silver" - just as a kind of shorthand, not as a precise definition. [ATTACH=full]691562[/ATTACH][/QUOTE]
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