The wealthiest Romans were extravagant on a scale that few modern billionaires could match.How did Roman Billionaires Spend their Money? | 11:36
toldinstone | 423K subscribers | 57,015 views | September 22, 2023
How long will U. S. coinage and currency be “around?”
Currency, not so long in historical terms.
That’s my story and I’m sticken to it.
5.56mm
Very cool post! :)
I’ve read that Roman coins were in circulation for so long and so many were minted over nearly a millennia, that even today so many still exist that they aren’t worth a whole lot. Lol! Basically, somebody finds a few Roman coins and thinks they will be rich only to find out they’re worth $50.
20 billion Roman coins were made.
Some were gold aureus which are still around today.
The Carthaginians made silver elephant coins in 200 B.C.
In 1749 a hoard of Carthaginian coins was found in the Azores.
When the Romans sacked Carthage, they found no gold nor any gold coins. 4 successive Roman emperors searched also but came up empty. The Carthaginians had an endless supply of gold from the Gold Coast. They paid the Romans hundreds of talents of gold every year. No gold elephant coin has ever been found except one. A gold elephant coin was found in the 1800’ s in a mountain cave in the US by a boy. It is in a small museum to this very day. If Carthaginians made it to Azores,they could have made it to Massachusetts and futher.
The boy said the cave was strewn with thousands of gold elephant coins. It was published in newspaper in 1950’s.
The cave was shown to him by two Indian boys. I saw the gold elephant coin and handled it. I have a photo of it. The story and gold coin were handed down from father to son and finally donated to the local museum.
It weighed about half a gram, and was made of silver. The mint here in Tübingen (spec.: in the aptly-named Münzgasse) minted them during the 12th century. After minting ceased, they rapidly (within a few decades) dropped out of circulation (being displaced by the Heller). However, they continued to be used as a bookkeeping unit for CENTURIES thereafter. I.e., local property taxes were calculated and booked in them (but NOT paid in them).
Such phenomena can be quite misleading.
Regards,