Did you all see this yesterday! OMG. I would give anything for one of these. I;d frame and out up on my wall!!! Great article. Enjoy. https://www.smithsonianmag.com/smart-news/archaeologists-discover-more-600-roman-coins-180976962/ EXCERPT: "Archaeologists in the ancient Turkish city of Aizanoi have discovered a cache of 651 Roman coins in a vessel buried near a stream, reports Muharrem Cin for the state-run Anadolu Agency. “The jug was aimed to be kept [in place] by three terracotta plates covering it,” lead archaeologist Elif Özer of Pamukkale University tells the Hurriyet Daily News, adding that that the coins were likely buried during Emperor Augustus’ reign (27 B.C.—14 A.D.). the scholars concluded that 439 of the coins were denarii, a type of silver coin first introduced in the third century B.C., while 212 were cistophori, or silver coins from Pergamum, an ancient Greek city in what is now Turkey. Though the researchers discovered the coins in 2019, they weren’t able to examine them until recently due to the Covid-19 pandemic."
Well this is great news - all these denarii flooding the market is sure to drive prices way down! (joke!) Neat find, thanks for posting!
All of this just goes to show that you should keep your money in a bank, not buried in the ground. I wonder what the interest would have been on almost 2,000 years of compounding?
Given that banks back then paid no interest, instead charging depositors for the privilege of them guarding their money, I would say putting this money in the bank already would have caused the owner to lose it. Interest bearing banking was not really invented until the middle ages.
hey RIchard Abanes great news article. ive never collected ancient coins, US coins is my passion. when i saw the name of the coin "denarii" i became interested in the story because ive always liked the story behind Spartacus and the gladiators revolt against the romans. when reading up on Spartacus i learned that when he and other gladiators would fight in the arena they too sometimes got paid a small sum in denarii currency. i know you guys who collect this type of coin(s) will know the facts. thanks and good luck
