600kg Roman Coin Hoard found in Spain

Seville 4-29-2016

Maximianus FollisA rare find of Roman coins was made by construction workers in Spain have found 600kg (1,300lb) of ancient Roman coins while working on water pipes in southern Spain. The coins date to the period of Maximianus to Constantine the Great (286-312AD) and were found inside 19 Roman amphoras, in the town of Tomares near Seville. The value of such coins on today’s market will vary between $75 to $300. What is rare about this find is that this appears to be money intended to pay the troops. The coins are uncirculated and mostly still show the silver plating which was done at the mint chemically.

Typically, coins found in hoards are normally someone hiding money during the chaotic period of the 3rd century for security. This find appears to be funding for the military which did not make it. Finds have been made of dies which have survived, but they too are very rare. Normally, we are looking at coinage of an individual who digs a hole to protect their wealth lacking a financial stable environment. Could we be moving into such a period once again?

 

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