5 ms·
Yes. I’ve collected quite a few over the years. Some coins from the later empire are quite affordable due to the mismanagement of the fiscal system during the c
by vondur 5y ago
Yes. I’ve collected quite a few over the years. Some coins from the later empire are quite affordable due to the mismanagement of the fiscal system during the crisis of the third century.
- christkv 5y agoIs this due to the cutting of the coin with cheaper metals ?
- kergonath 5y agoThe usual factors are: it’s less glamorous so there are fewer collectors; we find more hoards from troubled times; debased coins tend to be more common (they would not be debased if there was no need for more coins).
- deleted 5y ago[deleted]
- vondur 5y agoYes, the coins were heavily debased during this period, which was one of the main causes of the collapse of the Roman Economy during this period. The Antoninianus coin went from around 40% silver to less than 5% silver in a thirty period from the 240's until the 270's. A great number them were minted in the later time period.
- imtringued 5y agoWhat you call mismanagement is an inevitability that no amount of "proper management" can solve. If the private sector runs a surplus, the public sector must run a deficit. It's that simple. I wish money was just a medium of exchange. Nobody needs money to be a store of value. It's a fallacy. We have an entire banking system that already does that part.