Wednesday, September 6, 2023

Safekeeping.


This is coolbert:

Value more as collectibles rather than the value of the silver itself by modern price?

So there truth to these stories of buried treasure as a result of war. Such tales have a validity.

"2,000-year-old hoard of Roman coins may have been hidden by a soldier during a bloody civil war in Italy"

From https://www.livescience.com | the story by Tom Metcalfe | April 20, 2023.

"The silver coins, mainly from the first century B.C., were unearthed in Tuscany in Italy and are hidden relics from a turbulent time in Roman history."

"A hoard of 175 silver coins unearthed in a forest in Italy may have been buried for safe keeping during a Roman civil war."

"The coins seem to date from 82 B.C., the year the Roman general Lucius Cornelius Sulla fought a bloody war across Italy against his enemies among the leaders of the Roman Republic, which resulted in Sulla's victory and his ascension as dictator of the Roman state."

"The archaeologists who investigated the hoard of 175 silver Roman denarii — the equivalent of tens of thousands of dollars in today's money — suggested it may have been buried by a Roman soldier who was then killed in battle."

No REAL way of determining that the silver coins buried by a soldier. That assumption merely made. That no one returned to retrieve the cache might however can reasonably suggest it is so.

As to the value of the silver consider these calculations:

The weight of a silver denarius in Rome was 70.5 grains (4.57 grams).  70 grains = .16 ounce.

6 coins = 1 ounce. 175 coins @$23 per ounce. $ 720.

Not a princely sum for a modern. For an ancient much more valuable I imagine. Numismatists the collectible value I further envisage as much greater than the value of the silver itself.

Someone correct me if my calculations are wrong.

coolbert.




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