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<p>[QUOTE=&quot;Heliodromus, post: 7778001, member: 120820&quot;]Bastien&#039;s first four waves of &quot;epidemic&quot; counterfeits are of normal sized coins, not minims (p.145), and in discussing these being found in hoards he is clearly referring to high quality counterfeits that both aimed to and often succeeded in passing as genuine.</p><p><br /></p><p>The later (fallen horseman, etc) minims are really a case apart. We don&#039;t even know what value these were accepted at (being of such small size). It seems highly doubtful they were accepted as official or full face value. Even there, I&#039;d want to see proof of necessity being part of the opportunity. Normally during inflationary times money becomes more and more worthless, so small change would be the last thing to be needed.</p><p><br /></p><p>Whether using lower value demonetized coins, or fresh flans, the profit motive would have been the same. The only difference with modern fakes is that most coinage systems use different modules and metals for different coins, so overstrikes are out of the question. The UK pound is bimetallic for instance.[/QUOTE]</p><p><br /></p>

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