GOLDBUG: Confiscations in time

http://www.telegraph.co.uk/news/newstopics/howaboutthat/8829908/Biggest-haul-of-Roman-gold-in-Britain-could-have-been-found.html

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In other cases, someone who was under threat could have buried them because they wanted to hide their wealth.

Another regular occurrence was coins being recalled, so they could be melted down to produce more currency. When that happened, Romans would head into the garden, and bury their money to keep it safe for the future.

It will be fascinating to find out what is there in terms of coins, but also why, and how, it came to be buried there. “Every hoard is different, and the bigger the number of coins, the more we can find out about the history of the area.”

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Wow, gold confiscations weren’t limited to FDR. Tell you anything?

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