In instances of financial misery, folks will hoard their wealth. That is as true in historical instances as it’s in fashionable instances. I used to be referred to as in a few hoard of gold – one thousand $20 St Gaudians gold cash all dated 1924 – uncirculated. As you see, I’ve a status for getting hoards in addition to funding main archaeological digs. This was a hoard of US$20 gold cash. So I took the lot. As for individuals who say I hate gold, no, I’ve all the time cherished the $20 st Gaudens.
Clearly, this was a stash. It was the yr of a Presidential election and in 1925, Calvin Coolidge was the primary President to have his inauguration broadcasted on radio. In 1921 the Chinese language Communist motion started and in 1924 Stalin got here to energy after poisoning Lenin and his spouse. The flight from Russia started in 1917, however it escalated by 1919. It’s exhausting to say why this hoard was stashed away. However they’re all dated 1924 and will have been related to the upheaval in Russia. By the tip of 1919, it was clear to nearly everybody that the Bolsheviks had received the Civil Battle. The White armies have been defeated on all fronts: Siberia, the Russian North, and Petrograd (as St Petersburg was then referred to as). Pravda on Aug. 31, 1918:
“Our cities have to be mercilessly cleansed of the bourgeois rot. All these gents will probably be placed on file, and those that pose a hazard to the revolutionary class will probably be destroyed … Henceforth, the hymn of the working class will probably be a music of hatred and revenge! ”
It was the White Russians who fled. It was estimated that at the very least 2 million fled Russia on the time. That was about 2%-3% of the surviving inhabitants by 1919. Given the date of this hoard and the situation, they have been tucked away and by no means noticed circulation. They could have been associated to the turmoil in Russia.
Quite a lot of folks have requested if I may put collectively units of the 12 Caesars as a result of I had talked about I believed that may very well be carried out for half the value of the set being provided elsewhere. I’m making an attempt to get a small hoard of Caligula denarii. They’re very troublesome to search out. I consider as a result of he was so hated, they could have simply melted down his coinage.
All of it will depend on high quality. I’ve bought a small hoard of Julius Caesar coinage. I’ll attempt to see If I get these Caligula denarii. If I do, I’ll attempt to see if I can put collectively some units with far more real looking costs.
I’ve bought a hoard of late Constantine bronze. They’re very affordable.
I’ve bought an early hoard of Gallic coinage of Postumus which is silver. I even have bought a hoard of Victorinus that are bronze. That is the interval of each the cut up within the Roman Empire in addition to the collapse of the financial system.
Others have requested if I can put collectively a development of the coinage displaying the debasement. I’ll strive. Right here is a photograph displaying the stark distinction between the start of the area of Gallienus (253-268AD) and its finish.
