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Some questions about monetary history in Late Roman time
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<p>[QUOTE="Marsyas Mike, post: 25263416, member: 85693"]Well, I'm no archaeologist (or historian), so I am not sure what is "proved" or not. But in my opinion, it sure seems likely that Constantinian-era (and later) small LRB's circulated in Sardis, if only because so many were found in the rubble - I doubt people were collecting them the way numismatists do nowadays. If I had to guess, I'd say that they worked as small change next to the large Byzantine folles that were being issued in those days. </p><p><br /></p><p>[USER=148921]@rasielsuarez[/USER] and others note that some (all?) Constantinian issues had been demonitized centuries before. But I'm not sure how enforced these laws were: what government was doing the enforcing? Eastern Roman (Byzantine)? If there were scads of small LRBs still to be found, people probably used them. That so many were found at Sardis certainly points in that direction. Perhaps they were more of a token coinage, like those "store cards" issued during the USA Civil War, not "really" money, but functioning like money. You couldn't pay your taxes with them, but you could make change in a tavern, shop, etc. </p><p><br /></p><p>Somewhat along the same lines: the other day at the US Post Office I was given a 2007 Canadian one cent piece in change. Not only is it not legal tender in the USA, they stopped making them in Canada too. Yet here it is. As I live in Indiana, Canadian coins were often found in change here back in the 60s-90s (I'd look for them when I was a kid), though I haven't encountered one in a long time. What ever it's official status, this Canadian penny still functioned as money, and it will do so, at least until somebody refuses to take it when I try to buy something with it.[/QUOTE]</p><p><br /></p>
[QUOTE="Marsyas Mike, post: 25263416, member: 85693"]Well, I'm no archaeologist (or historian), so I am not sure what is "proved" or not. But in my opinion, it sure seems likely that Constantinian-era (and later) small LRB's circulated in Sardis, if only because so many were found in the rubble - I doubt people were collecting them the way numismatists do nowadays. If I had to guess, I'd say that they worked as small change next to the large Byzantine folles that were being issued in those days. [USER=148921]@rasielsuarez[/USER] and others note that some (all?) Constantinian issues had been demonitized centuries before. But I'm not sure how enforced these laws were: what government was doing the enforcing? Eastern Roman (Byzantine)? If there were scads of small LRBs still to be found, people probably used them. That so many were found at Sardis certainly points in that direction. Perhaps they were more of a token coinage, like those "store cards" issued during the USA Civil War, not "really" money, but functioning like money. You couldn't pay your taxes with them, but you could make change in a tavern, shop, etc. Somewhat along the same lines: the other day at the US Post Office I was given a 2007 Canadian one cent piece in change. Not only is it not legal tender in the USA, they stopped making them in Canada too. Yet here it is. As I live in Indiana, Canadian coins were often found in change here back in the 60s-90s (I'd look for them when I was a kid), though I haven't encountered one in a long time. What ever it's official status, this Canadian penny still functioned as money, and it will do so, at least until somebody refuses to take it when I try to buy something with it.[/QUOTE]
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