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Before the siege of Antioch, people sold their silver for gold at a huge loss
| hairraiser spruce piazza | 05/10/24 |
| at-the-ready charismatic cruise ship | 05/10/24 |
| hairraiser spruce piazza | 05/10/24 |
| orchid milk | 05/10/24 |
| hairraiser spruce piazza | 05/11/24 |
Poast new message in this thread
Date: May 10th, 2024 3:43 PM Author: hairraiser spruce piazza because they couldn't carry it all in silver form. (http://www.autoadmit.com/thread.php?thread_id=5527213&forum_id=2#47651299) |
Date: May 10th, 2024 3:44 PM Author: at-the-ready charismatic cruise ship What did they sell it for (http://www.autoadmit.com/thread.php?thread_id=5527213&forum_id=2#47651300) |
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Date: May 10th, 2024 4:03 PM Author: hairraiser spruce piazza For "two or three nomismata the pound."
"Our evidence indicates that at this period the mint ratio of gold to silver was 1:6±. Thus one nomisma or solidus, being 1/72 of a pound of gold, was officially worth 1/12 of a pound of silver, and a pound of silver ought to have sold for twelve nomismata. In buying silver for two nomismata a pound, Germanus was acquiring it at 1/6 of its mint value; at three nomismata a pound, he was getting it at 1/4 of its mint ratio." |
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Date: May 10th, 2024 3:49 PM Author: orchid milk spiritual silver as fiat currency tp (http://www.autoadmit.com/thread.php?thread_id=5527213&forum_id=2#47651310) |
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Date: May 11th, 2024 10:56 AM Author: hairraiser spruce piazza (http://www.autoadmit.com/thread.php?thread_id=5527213&forum_id=2#47653326) |