Coming Hoards | Armstrong Economics

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QUESTION: You mentioned you had bought a hoard of the Persian coinage of Darius from the well-known invasion of Greece. And can you may have any units of the 12 Caesars? And can you promote any of the uncirculated $20 gold cash from that hoard?

FH

ANSWER: No, I had no intention of promoting any $20 gold from the hoard. So far as the 12 Caesars, I’m lacking Otho, which have been making an attempt to purchase with none success. I’ll put up some hoards this week. Sure, I’ve a small variety of the Darius siglos. They’re worn and have banker marks to confirm that they have been real from historical FOREX sellers. I’ve additionally a small variety of small bronze numis from the household of Constantine the Nice that are all underneath $100. I’ve additionally a hard-to-find hoard of the primary Gallic emperor, Postumus struck nonetheless in silver.

I did handle to purchase this Gallic hoard so I’ve the Victorinus as soon as once more that we offered out of. This lot is usually XF however with out the silver wash. This will likely be priced at $100. VF examples will usually go for about $50 and FVF will likely be round $25. I solely took the high-quality ones which you’ll be able to see within the picture.

Nevertheless, this additionally reveals the debasement for Rome debased its coinage, it compelled the Gallic Empire to observe go well with or else its coinage would have been hoarded and the cash provide would have collapsed. This is a vital historic instance of CONTAGION if the core financial system debased, there was no selection however to do the identical. The debasement of Henry the VIII of England was really in response to the debasement that was additionally happening within the core foreign money – that of Spain.

Others have requested if I can provide any Gallienus that reveals the collapse within the Roman Financial System between 260-268AD. You may see the stake distinction 8.6 years made within the financial system of Rome.

So far as the 12 Caesars are involved, I’m doing my finest to assemble just a few units. These usually are not simple to place collectively. However, I’m giving it a shot to see what I can do that may be moderately priced, underneath that $100k individuals ask in the marketplace. Let me see.

 



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