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Why do we see more gold coins for the later Roman periods than earlier?
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<p>[QUOTE="medoraman, post: 4518078, member: 26302"]Well, another huge aspect regarding lack of silver coin production in the later empire and during the Byzantine era is the Silk Road. The Silk Road ran on silver coinage nearly exclusively. All tolls across it were payable in good silver, all import and export duties for China were payable the same. Basically China and to a lesser extent India demanded good silver in exchange for all of those luxury goods the Roman's couldn't live without. </p><p><br /></p><p>Thus is seen in the coinage of others. Persia always made good quality silver coins. They never debased them since their main revenue was from tolls of the Silk Road, so why debase the coins when you would debase your own revenue. Persian silver was so predominant this is the reason most other civilizations never made their own silver coins, Persian ones were so common why make your own?</p><p><br /></p><p>Roman silver coins were common on the Silk Road when they were of good quality, but when they debased them the Persian merchants demanded pure silver bars instead to strike their own good coinage. Thus was a constant drain of silver from the Roman's for centuries.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4518078, member: 26302"]Well, another huge aspect regarding lack of silver coin production in the later empire and during the Byzantine era is the Silk Road. The Silk Road ran on silver coinage nearly exclusively. All tolls across it were payable in good silver, all import and export duties for China were payable the same. Basically China and to a lesser extent India demanded good silver in exchange for all of those luxury goods the Roman's couldn't live without. Thus is seen in the coinage of others. Persia always made good quality silver coins. They never debased them since their main revenue was from tolls of the Silk Road, so why debase the coins when you would debase your own revenue. Persian silver was so predominant this is the reason most other civilizations never made their own silver coins, Persian ones were so common why make your own? Roman silver coins were common on the Silk Road when they were of good quality, but when they debased them the Persian merchants demanded pure silver bars instead to strike their own good coinage. Thus was a constant drain of silver from the Roman's for centuries.[/QUOTE]
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