AMAZING HOARD OF ANCIENT ROMAN DENARI
10,000+ Silver Coins Buried Since 244 AD.
Out of the war torn provinces of the old Communist Yugoslavia, a major numismatic
treasure trove has reached the safety of the United States. When the hoard
was actually excavated is not known, since the dispersal of private wealth
was blocked by the Tito led Communist government of Yugoslavia for more than
50 years. Now with the break up of Yugoslavia and the subsequent civil war,
the time tested value of hard metallic, almost indestructible wealth, in
the form of ancient silver coins, has again proven its eternal magic. Maybe
you could buy a warehouse of worthless Yugoslavian dinars with a few thousand
of these Roman silver coins, but what would you do with all that paper money
then? Bury the Yugoslavian paper dinars next to the Roman silver denari and
dig them up again in 20, 50, 500, 5000 years. Which would you want?
These ancient Roman silver denari (singular denarius)
were struck during the height of the Roman Empire from 69 to 235 AD. The
Roman Empire stretched from Scotland to Arabia, from Morocco to Poland, from
Germany to Egypt, and the Mediterranean was known as the "Roman Lake". It
was an empire like the world had never known and has not known since. Dozens
of aspiring generals and tyrants like Justinian, Charlemagne, Napoleon, and
Hitler tried and failed to recreate the Roman Empire. All roads lead to Rome.
When in Rome do as the Romans do. About every third word in the English language
had its start in Roman Latin. Liberty on US coins is usually shown wearing
or holding a Liberty cap which the Romans used to designate a free person.
The Mercury head dime is named after the Roman messenger god. The fasces
on the reverse is a symbol of Roman justice. The Roman Empire was the birth
culture of the Christian religion. All one has to do is visit modern Rome
now and look at the Colosseum built by Vespasian, the triumphal arch of Titus,
Trajan's Column, and the Forum of Trajan. These are 2,000 year old ruins
which represent only a small fraction of the awe inspiring grandeur of this
amazing civilization.
The average weight is about 3.5 grams of good silver. They were hand struck
with the reverse die embedded in an "anvil" of log cross section and the
obverse die was held and struck with a hand sledge hammer. These silver jewels
were struck in massive quantities to fuel the economic needs of a vast thriving
empire, and indeed as this hoard demonstrates, the oldest denari in the hoard
passed from hand to hand for over 125 years before being buried. They were
struck by hand engraved dies by skilled artists known as celators. The portraits
of all the different Roman emperors and their family members are like a portrait
gallery of miniatures silver busts, or like a precious metal three dimensional
photo album. The reverse dies were also carefully engraved, usually to depict
all the gods, goddesses, heroes, and nymphs of Roman mythology. Other reverse
commemmorated military victories, religious or political events, or just
plain propaganda. It was a silver denarius of Tiberius which Jesus held up
and asked whose portrait was on it. When the reply was "Caesar", Jesus responded
by saying "Render to Caesar the things (this denarius) that are Caesar's
and to God the things that are God's." The word Caesar, originally the name
of Julius Caesar, had become a title of the Roman emperor by this time. All
of the emperors and male family members represented by this hoard of denari
were "Caesars".
The silver denarius was also the power base by which Roman emperors maintained
the loyalty of their legions. These paid professional legionaires, though
proud to be part of the Roman army, were just as happy serving a rival claimant
to the Imperial Purple if he happened to have a more generous war chest
overflowing with denari. For most of the First Century AD the standard pay
for a legionaire was 225 denari a year. In 84 AD the last of the " 12 Caesars"
Domitian, son of the powerful Vespasian 69-79 AD, and brother of the very
popular Titus, 79- 81 AD, gave the Roman army a substantial pay raise to
300 denari a year. He probably had to do this to insure the troops loyalty,
as he was unpopular with Rome's noble families, and his rule was marked by
executions, terror and oppression against his real or imagined enemies. In
96 AD a palace plot succeeded and he was assassinated. Even buying the legions
loyalty didn't keep him alive, but it did establish a new pay level for the
army which lasted 101 more years. In 197 AD Septimus Severus doubled the
legion's pay to 600 denari a year. Not surprisingly he was just winding up
a four year civil war against three seperate rivals who also claimed the
title of Augustus (so named after the second of the Twelve Caesars, Augustus
31-BC to 14 AD, born named Octavian, the nephew of Julius Caesar). Fortunately
Septimus Severus was finishing a very successful campaign against the Parthians
in which the spoils of war included vast quantities of silver. This pay raise
rewarded his faithful and helped insure years of continued loyalty.
Just by handling these treasures of the past one can almost hear the drums
giving a cadence to the tromp of the Legion's advance and the trumpets signaling
the charge against the enemy lines! But after the battles are over and the
paymaster has distributed the denari to the surviving legions what happened
then? For a denarius a Roman could buy 12 large loaves of bread, or 24 small
loaves. A serving of table wine (probably watered, which was acceptable)
cost an as, or 1/16 of a denarius. Vintage wine cost 1/4 a denarius a serving.
In the Holy Land an amphora of olive oil from the Galilee cost one denarius.
A bunch of grapes or 10 figs cost an as, or 1/16 of a denarius. An ox sold
for 100 denari, and a calf 20 denari, and a ram 8 denari, and 5 sparrows
cost 1/8 denarius. It could cost a trader 10,000 denari to lease a ship(galley).
A scribe, a highly educated man, earned 12 denari a week. He ate and drank
for 4 denari a week, and his clothing also cost 4 denari a week(he must have
dressed quite well because a commoner could buy sackcloth clothing which
would last years for only 4 denari).
6000 coins available now for $30. each, grading VG to VF.
Emperors from Vespasian, 69 AD, to Gordian III, died 244 AD. Empresses from
138 AD to 235 AD.
Depending on availability we offer from 5 to 10 different pairs: emperors
and wives. Examples: Vespasian and Domitian; Trajan Hadrian Antoninus and
Pius Faustina, Sr.; Marcus Aurelius and Faustina, Jr.; Commodus Septimus
Severus and Julia Domna; Caracalla Elagabalus and Julia Paula, also Julia
Mamaea; Severus Alexander and Orbiana.
Need to specify cleaned white or toned for delivery time, but coins are in
house so only two weeks needed.
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