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<p>[QUOTE=&quot;ancient coin hunter, post: 3510016, member: 87200&quot;]Something happened after the reigns of Phillip, Decius, and Gallus to destroy the monetary system as it existed - the smaller denominations were no longer struck in quantity and disappeared during the reigns of Valerian and Gallienus. The weakness of the Empire was exposed for all to see. As Gibbon wrote &quot;The Empire of Phillip seemed just as strong as that of Augustus and Trajan&quot; until the entire thing unraveled. The disappearance of the Provincial coinage in the East coincided with the decline of the wealthy class of city fathers who were responsible for the finances of their cities, who constructed public works, maintained the gymnasia, and were a throwback in a sense to the Hellenistic age. When these folks went bankrupt during the reigns of Gallienus and Valerian everything fell into chaos. Hence debasement became an empire-wide disaster.[/QUOTE]</p><p><br /></p>

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