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Workers stumble upon 1,300 pounds of ancient coins.
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<p>[QUOTE="ancient coin hunter, post: 4103024, member: 87200"]Good question [USER=72790]@kevin McGonigal[/USER] - how much silvering remains after 1700 years in an amphora which looks like groundwater had leaked in and covered the coins with a soil-like crud. Probably the silvering wore off quickly as coins started to circulate. I don't think any citizens at the time would have been terribly impressed with these coins, though admittedly they are a bit better than the radiates of the 270's and 280's with kind of a hefty feel.</p><p><br /></p><p>Edit: Also Diocletian's Edict of Maximum Wages and Prices went into effect in 301, indicating that the issuance of folles did not curb the runaway inflation at the time. </p><p><br /></p><p>"The <b>Edict of Maximum Prices</b> was an attempt to control runaway inflation and poverty in the Empire. The penalty for exceeding the <b>prices</b> of the <b>Edict</b> was severe: death. Not satisfied to execute just the seller, Diocletian decreed that the buyer was to be executed as well."[/QUOTE]</p><p><br /></p>
[QUOTE="ancient coin hunter, post: 4103024, member: 87200"]Good question [USER=72790]@kevin McGonigal[/USER] - how much silvering remains after 1700 years in an amphora which looks like groundwater had leaked in and covered the coins with a soil-like crud. Probably the silvering wore off quickly as coins started to circulate. I don't think any citizens at the time would have been terribly impressed with these coins, though admittedly they are a bit better than the radiates of the 270's and 280's with kind of a hefty feel. Edit: Also Diocletian's Edict of Maximum Wages and Prices went into effect in 301, indicating that the issuance of folles did not curb the runaway inflation at the time. "The [B]Edict of Maximum Prices[/B] was an attempt to control runaway inflation and poverty in the Empire. The penalty for exceeding the [B]prices[/B] of the [B]Edict[/B] was severe: death. Not satisfied to execute just the seller, Diocletian decreed that the buyer was to be executed as well."[/QUOTE]
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Workers stumble upon 1,300 pounds of ancient coins.
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