Archaeologists Discover Ancient Coin Collection In Phanagoria, Greece

Archaeologists Discover Ancient Coin Collection In Phanagoria, Greece

The coins date back to the sixth century and were housed in an amphora which had been buried under ashes from a fire which had occurred centuries earlier.

The coins were copper staters, which were believed to have circulated from the 8th century BC to AD 50.

These specific coins were likely minted in the late third or early fourth century and would have remained in circulation into the sixth century.

Archaeologists believe that the coins were abandoned just before an attack from the Huns or the Turks, an attack which would have included the torching of part of the city of Phanagoria.

Back in 2019, a gold coin which had been made during emperor Justinian I’s reign was found in the same location. Experts can now conclude that there were two different fires at this site.

It is believed that the first fire was started during a revolt against a key leader named Gord in either 528 or 534. The second fire was started for reasons which are still currently unknown.

Vladimir Kuznetsov, a key figure in the Phanagoria dig from The Russian Academy of Science’s Institute of Archaeology noted that “The new treasure from Phanagoria is an invaluable evidence of historical events and the economy of the early Middle Ages”.

Pictured: An example of a gold stater of Alexander the Great

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Added: 11th August 2021

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