This article appeared in the Autumn 1970 (Issue #21) edition of the Kent Archaeological Review.
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The Ramsgate Coin Hoard.
A hoard of 34 bronze sestertii was found on a Ramsgate building-site in July, 1969 (Review Number 19, page 23). Twenty-seven of these have now been purchased by Ramsgate Museum and with the helpful assistance of Mr Peter Cullen they have been made available for study.
A detailed account of the coins is to be published in the Numismatic Chronicle and also given to the Ramsgate Museum. As the board is of some importance a summary of the coins may, however, be of interest.
|Faustina the Elder||1||141 or later|
The latest coin is one of Postumus (259-267) suggesting that the hoard was deposited late in the third century AD, and anyway not before AD 260. What is especially interesting is the very large proportion of second century coins, mostly badly worn. Had the two latest coins (Severus Alexander and Postumus) not been recovered by the workmen, the worn condition of the coins would have been the only reason for suspecting that the board had been deposited later than about AD 200.
It is difficult to explain why so many second century sestertii appear in a late third century hoard, while the antoninianus, the commonest denomination of the late third century is excluded. Perhaps these coins were being saved because of their large size and weight at a time when the currency was debased and subject to galloping inflation. Possibly this hoard was someone's bullion-type "investment", hastily buried during a Saxon raid in the troubled times of the late third century AD.