From Silver to Copper Money: Barbarian Invasions, Coinage and Inflation in the Bosporus at the End of the 3rd Century to the Early 340s AD Cover Image
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От серебряных денег к медным: вторжения варваров, чеканка и инфляция на Боспоре в конце III в. — начале 340-х гг. н. э.
From Silver to Copper Money: Barbarian Invasions, Coinage and Inflation in the Bosporus at the End of the 3rd Century to the Early 340s AD

(A study of the chemical composition of the alloy of coins from hoards)

Author(s): Mikhail G. Abramzon, Irina A. Saprykina
Subject(s): History, Archaeology
Published by: Издательский дом Stratum, Университет «Высшая антропологическая школа»
Keywords: Bosporus; 3rd—4th cc. AD; military situation; coinage; debasement of coinage; X-ray fluorescence (XRF);

Summary/Abstract: The article discusses the results of a study of the chemical composition of the alloy of Bosporan staters from hoards found in Phanagoria (2011), Taman 16 (2016) and Gai-Kodzor (1986). Their concealment was connected with invasions of the Sarmatians and Alans in AD 328, 307/308, and 341/342. The XRF method allowed to trace the progressive degradation and change of alloys by emissions. The state’s search for finance to fight the barbarians was accompanied by inflationary processes in the Bosporus economy, i. e. excessively abundant or, on the contrary, tiny emissions of staters, as well as the debasement of coinage due by reason of deficit of the silver. The study shows that the highest rates of minting in the Bosporus, caused by the growing need of the state for funds in a tense military situation in the Northern Black Sea region, were accompanied by a transition from silver to copper alloys.

  • Issue Year: 2019
  • Issue No: 4
  • Page Range: 359-367
  • Page Count: 9
  • Language: Russian