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The empire strikes back: Nicaea Hyperpyron
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<p>[QUOTE="svessien, post: 7286337, member: 15481"]It’s always a treat when [USER=111037]@Only a Poor Old Man[/USER] gives in to his addiction and later comes to coin talk to confess. Great write up as always.</p><p><br /></p><p>I try to avoid clipped coins, but it’s hard to get a late Roman siliqua with an unclipped rim. Both my Honorius and Theodosius I siliquas have been subject to «tightwad misers»:</p><p><br /></p><p>[ATTACH=full]1275871[/ATTACH] </p><p>[ATTACH=full]1275869[/ATTACH] </p><p><br /></p><p>The gold bug and youtuber Mike Maloney made a series of videos about coins and currency debasement a few years ago. In one of those, he claims that coin clipping was a form of hidden inflation in the late Roman empire; that Roman officials would clip their coins every time they entered an official building, and that the small clippings became new coins for the empire. As I’ve never heard this anywhere else, and as I question a few of the other «facts» in these videos, I’m not sure this is correct. In any event, it’s an interesting alternative to the usual assumption; that it was the ordinary people that clipped the coins:</p><p>[MEDIA=youtube]OuOcnGAv4oo[/MEDIA][/QUOTE]</p><p><br /></p>
[QUOTE="svessien, post: 7286337, member: 15481"]It’s always a treat when [USER=111037]@Only a Poor Old Man[/USER] gives in to his addiction and later comes to coin talk to confess. Great write up as always. I try to avoid clipped coins, but it’s hard to get a late Roman siliqua with an unclipped rim. Both my Honorius and Theodosius I siliquas have been subject to «tightwad misers»: [ATTACH=full]1275871[/ATTACH] [ATTACH=full]1275869[/ATTACH] The gold bug and youtuber Mike Maloney made a series of videos about coins and currency debasement a few years ago. In one of those, he claims that coin clipping was a form of hidden inflation in the late Roman empire; that Roman officials would clip their coins every time they entered an official building, and that the small clippings became new coins for the empire. As I’ve never heard this anywhere else, and as I question a few of the other «facts» in these videos, I’m not sure this is correct. In any event, it’s an interesting alternative to the usual assumption; that it was the ordinary people that clipped the coins: [MEDIA=youtube]OuOcnGAv4oo[/MEDIA][/QUOTE]
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