You bet Ronny! 👍 I had two questions, the other from David Hendin, "how do you stay so young looking after all these years". : ) Wasn't able to get that out.
Wow posted 2 hours ago? I thought this was an older video but i was wrong. Absolutely love numismatics and am very interested in the bible and its connections. Hope more people see this video good talk guys.
4:40 IF Romans allowed Tyre to print it's coins, that would only mean that Tyre silver was of higher value or was bigger than comparable Roman coins. But Roman coins of the same "value" would be then exchanged at the SAME rate, thus giving Romans TAX by mixing with their lesser currency. Romans would then issue their inferior coins but HOARD the superior coins of Tyre. If I'm correct, Roman coins of that time had lesser silver content or weighed less, than Tyre Shekel.
Insightful 👍 Yes I’ve heard that of the Romans that their silver, gold purity began high and degraded over time as well. The purity of Roman silver and gold coinage did indeed degrade over time, especially as the empire faced financial pressures. Early Roman coins, particularly during the Republic and the early Empire, maintained high purity levels. However, as the Roman Empire expanded and faced increasing military costs, the government began to debase the currency. For example: - **Early Roman Empire (1st century AD)**: The silver denarius was made of almost pure silver (around 95-98%). - **By the 3rd century AD**: Under Emperor Caracalla and later emperors, the silver content of the denarius fell drastically, sometimes as low as 50%, and later even lower, to about 2-5% under emperors like Gallienus. Gold coins, such as the aureus, initially maintained higher purity, but even those eventually saw some degradation, although gold coins generally held their value better than silver. The debasement of currency led to inflation and decreased confidence in Roman money, which contributed to economic instability in the later Roman Empire. Yes, you're right! The purity of Roman silver and gold coinage did indeed degrade over time, especially as the empire faced financial pressures. Early Roman coins, particularly during the Republic and the early Empire, maintained high purity levels. However, as the Roman Empire expanded and faced increasing military costs, the government began to debase the currency. For example: - **Early Roman Empire (1st century AD)**: The silver denarius was made of almost pure silver (around 95-98%). - **By the 3rd century AD**: Under Emperor Caracalla and later emperors, the silver content of the denarius fell drastically, sometimes as low as 50%, and later even lower, to about 2-5% under emperors like Gallienus. Gold coins, such as the aureus, initially maintained higher purity, but even those eventually saw some degradation, although gold coins generally held their value better than silver. The debasement of currency led to inflation and decreased confidence in Roman money, which contributed to economic instability in the later Roman Empire.
What a score getting an interview with David! Your personality is pleasant and you asked good questions. It was a great interview and worth watching in its entirety. Hope to see more from you!
awesome interview …… nearly an hour long and I watched it to the end. I’m at 21:50…. thank you for getting my question in Bro. Mark.
You bet Ronny! 👍 I had two questions, the other from David Hendin, "how do you stay so young looking after all these years". : )
Wasn't able to get that out.
Thanks for watching Sir.
Woo! Number 18. I'm going to hold on to this for when you get big! Great video. 😁
You're very kind Tyler! Thank you Sir. 🙏
I like Vagi. A true scholar and gentleman.
Wow posted 2 hours ago? I thought this was an older video but i was wrong. Absolutely love numismatics and am very interested in the bible and its connections. Hope more people see this video good talk guys.
Thank u 🙏
4:40 IF Romans allowed Tyre to print it's coins, that would only mean that Tyre silver was of higher value or was bigger than comparable Roman coins. But Roman coins of the same "value" would be then exchanged at the SAME rate, thus giving Romans TAX by mixing with their lesser currency. Romans would then issue their inferior coins but HOARD the superior coins of Tyre.
If I'm correct, Roman coins of that time had lesser silver content or weighed less, than Tyre Shekel.
Insightful 👍
Yes I’ve heard that of the Romans that their silver, gold purity began high and degraded over time as well.
The purity of Roman silver and gold coinage did indeed degrade over time, especially as the empire faced financial pressures. Early Roman coins, particularly during the Republic and the early Empire, maintained high purity levels. However, as the Roman Empire expanded and faced increasing military costs, the government began to debase the currency.
For example:
- **Early Roman Empire (1st century AD)**: The silver denarius was made of almost pure silver (around 95-98%).
- **By the 3rd century AD**: Under Emperor Caracalla and later emperors, the silver content of the denarius fell drastically, sometimes as low as 50%, and later even lower, to about 2-5% under emperors like Gallienus.
Gold coins, such as the aureus, initially maintained higher purity, but even those eventually saw some degradation, although gold coins generally held their value better than silver.
The debasement of currency led to inflation and decreased confidence in Roman money, which contributed to economic instability in the later Roman Empire.
Yes, you're right! The purity of Roman silver and gold coinage did indeed degrade over time, especially as the empire faced financial pressures. Early Roman coins, particularly during the Republic and the early Empire, maintained high purity levels. However, as the Roman Empire expanded and faced increasing military costs, the government began to debase the currency.
For example:
- **Early Roman Empire (1st century AD)**: The silver denarius was made of almost pure silver (around 95-98%).
- **By the 3rd century AD**: Under Emperor Caracalla and later emperors, the silver content of the denarius fell drastically, sometimes as low as 50%, and later even lower, to about 2-5% under emperors like Gallienus.
Gold coins, such as the aureus, initially maintained higher purity, but even those eventually saw some degradation, although gold coins generally held their value better than silver.
The debasement of currency led to inflation and decreased confidence in Roman money, which contributed to economic instability in the later Roman Empire.
What a score getting an interview with David! Your personality is pleasant and you asked good questions. It was a great interview and worth watching in its entirety. Hope to see more from you!
Thanks Josh 🙏 I’m clearly an amateur but appreciate the props my Brother!
How can I communicate with him
Here or markejenkins@gmail.com just give me a heads up if you send me something.
Blesssings
Chuck Missler is fantastic.
Chuck! Chuck! Chuck! 😃
I have rare ancient coins for sale