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Where Roman coins have been found (files.mastodon.social)
submitted 1 week ago by not_IO to c/history@lemmy.world
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[-] tychosmoose@lemmy.world 12 points 1 week ago* (last edited 1 week ago)

Not worthless. The coinage had intrinsic value, being made of metals with a commodity value. So it's not like holding a paper banknote when a government collapses. People would still have used them to hoard savings, for trade and melted down as a source of precious metals.

That was really the only value they ever had. Boosted a bit by confidence in the purity (but also reduced when Rome debased its coinage).

this post was submitted on 02 Sep 2025
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