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<p>[QUOTE="Valentinian, post: 2412184, member: 44316"]This has been debated endlessly. I follow all the scholarly articles, and some of the fora that have discussed this. I think most think some obviously base-metal imitations were "tolerated", but not "official" in the sense that Rome knew anything about it and approved. I don't think fourrees were ever approved by users--silver coins had at least the value of the silver and no one would knowingly sacrifice that.</p><p><br /></p><p>On the other hand, the lowest value coins were "token" coinage anyway and users expected them to pass in commerce and they did. If the distant borders did not have enough low-value coins shipped there officially, it is easy to understand that locals might make up the shortage, and locals, even legion commanders, might approve. Are such coins then "official"? No. Are they genuine ancient coins of the depicted emperor? Yes. Do they qualify to fill holes in a collection? If you decide they do, they do.</p><p><br /></p><p>There are periods in history when governments knew about unofficial coinage and didn't care enough to do anything about it. (Of course, that does not apply to counterfeit gold coins.) I don't have the citation right now, but I recall that under George III (time of the American revolution) a high percentage of copper coins in circulation were "fake" in the sense of not made by the government, but tolerated nonetheless.[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 2412184, member: 44316"]This has been debated endlessly. I follow all the scholarly articles, and some of the fora that have discussed this. I think most think some obviously base-metal imitations were "tolerated", but not "official" in the sense that Rome knew anything about it and approved. I don't think fourrees were ever approved by users--silver coins had at least the value of the silver and no one would knowingly sacrifice that. On the other hand, the lowest value coins were "token" coinage anyway and users expected them to pass in commerce and they did. If the distant borders did not have enough low-value coins shipped there officially, it is easy to understand that locals might make up the shortage, and locals, even legion commanders, might approve. Are such coins then "official"? No. Are they genuine ancient coins of the depicted emperor? Yes. Do they qualify to fill holes in a collection? If you decide they do, they do. There are periods in history when governments knew about unofficial coinage and didn't care enough to do anything about it. (Of course, that does not apply to counterfeit gold coins.) I don't have the citation right now, but I recall that under George III (time of the American revolution) a high percentage of copper coins in circulation were "fake" in the sense of not made by the government, but tolerated nonetheless.[/QUOTE]
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