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On average, how long were ancient coins in circulation?
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<p>[QUOTE="Gao, post: 2647124, member: 19409"]I remember reading about one papyrus contract from I think the later third century AD where it specified that it was to be payed in "good silver," which would have to be older coinage before whatever level of debasement they decided was unacceptable. It makes me think that it might be more useful to talk about levels of circulation rather than treating it as a binary thing.[/QUOTE]</p><p><br /></p>
[QUOTE="Gao, post: 2647124, member: 19409"]I remember reading about one papyrus contract from I think the later third century AD where it specified that it was to be payed in "good silver," which would have to be older coinage before whatever level of debasement they decided was unacceptable. It makes me think that it might be more useful to talk about levels of circulation rather than treating it as a binary thing.[/QUOTE]
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On average, how long were ancient coins in circulation?
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