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<p>[QUOTE=&quot;Victor_Clark, post: 3509306, member: 10613&quot;]The reason that most unofficial coinage was struck was due to monetary reforms. Another reason was that after the defeat of a rival, any coinage the loser had circulating was no longer good...when Licinius lost to Constantine all the IOVI coinage tariffed at half a nummus had to be replaced quickly; same as when Magnentius lost, you could not use his coinage.</p><p><br /></p><p>There are some laws recorded in the Theodosian Code that talk about coins that were removed from circulation and how some people still tried to use them.</p><p><br /></p><p>&quot;Emperor Constantius Augustus and Julian Caesar to Rufinus, Praetorian Prefect.</p><p>If any person should be detected in melting down money or in transporting it to different regions for the purpose of selling, he shall undergo the sentence for sacrilege and shall suffer capital punishment.&quot; (Theodosian Code 9:23:1)</p><p><br /></p><p>&quot;Finally, it is our pleasure that, if any coin except that which continues in public use, should perchance be found in the possession of any merchant, it shall be vindicated to the owner of the fisc, together with all the property of the offender. If perchance ships should come to any provinces with merchandise, everything shall be sold with the customary freedom except the coins that are usually called majorinas or common centenionals or other moneys which are known to be forbidden.&quot; (Theodosian Code 9:23:3)</p><p><br /></p><p><br /></p><p>some dates for epidemic minting of unofficial coins</p><p><br /></p><p>A.D. 318 -330</p><p><br /></p><p>monetary reform of Constantine--new VLPP have circa 4% silver</p><p><br /></p><p>circa 335 - between 342 to 348</p><p><br /></p><p>in 335 A.D., the number of nummi to a pound was raised to 192</p><p><br /></p><p>A.D. 348</p><p><br /></p><p>introduction of the maiorina</p><p><br /></p><p>A.D. 350</p><p><br /></p><p>usurpation of Magnentius</p><p><br /></p><p>A.D. 354</p><p><br /></p><p>after the fall of Magnentius, the maiorinae was replaced by the half maiorinae[/QUOTE]</p><p><br /></p>

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