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<p>[QUOTE="Bart9349, post: 1224020, member: 5682"]Your statement has me thinking: Wouldn't one bury the most precious of their precious metal coins and spend the more recently debased coinage?</p><p><br /></p><p>If Vespasian is the earliest coin in the hoard, what is the latest?</p><p><br /></p><p> I assume that by AD 200 the debasement of the coinage was noticeable. The more recent coinage would have been used for daily spending first since they were officially the same value as the more intrinsically valuable purer and older silver coinage. (See Gresham's law.) The older, more valuable coinage would have been "hoarded."</p><p><br /></p><p>guy[/QUOTE]</p><p><br /></p>
[QUOTE="Bart9349, post: 1224020, member: 5682"]Your statement has me thinking: Wouldn't one bury the most precious of their precious metal coins and spend the more recently debased coinage? If Vespasian is the earliest coin in the hoard, what is the latest? I assume that by AD 200 the debasement of the coinage was noticeable. The more recent coinage would have been used for daily spending first since they were officially the same value as the more intrinsically valuable purer and older silver coinage. (See Gresham's law.) The older, more valuable coinage would have been "hoarded." guy[/QUOTE]
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