[HN Gopher] Rare 2,100-year-old gold coin bears name of obscure ...
       ___________________________________________________________________
        
       Rare 2,100-year-old gold coin bears name of obscure ruler from pre-
       Roman Britain
        
       Author : Brajeshwar
       Score  : 163 points
       Date   : 2023-10-29 15:25 UTC (7 hours ago)
        
 (HTM) web link (www.livescience.com)
 (TXT) w3m dump (www.livescience.com)
        
       | jphoward wrote:
       | One thing I always wonder is how did all these countries manage
       | to find enough gold to run an (albeit tiny) economy off them?
       | I've never heard of/seen a gold mine in the UK, and yet 2000
       | years ago they were mining enough to mint currency. Was it all
       | relatively surface level and rapidly mined out, and now all gone?
        
         | jacoblambda wrote:
         | more or less yes. Everything that was easy to find and extract
         | largely has been.
        
         | Waterluvian wrote:
         | > Was it all relatively surface level and rapidly mined out,
         | and now all gone?
         | 
         | Pretty much. Elemental gold or relatively easy to refine alloys
         | were stripped off the land over many thousands of years. Now we
         | have to go deeper to find more.
        
         | okr wrote:
         | I would guess these currencies took over gradually. And they
         | never really disappeared. So it got more and more.
        
         | cyberax wrote:
         | Most of the economy back then was non-monetary.
         | 
         | If you're interested in this area, look up the Inca Empire. It
         | did not really have money at all.
        
           | 0xbadcafebee wrote:
           | I'm fairly sure that's not accurate. Source for "most"
           | economies not having money?
           | 
           | It would appear based on some simple googling that "money"
           | has existed in many cultures going back 30,000 years, in two
           | forms: "money of account" and "money of exchange". Of both of
           | those they have taken various forms. Minted coins did not
           | appear until around 3,000 years ago.
        
             | cyberax wrote:
             | "Monetary economy" means that it uses money for the
             | exchanges, rather than barter. Most pre-industrial
             | economies were not monetary.
             | 
             | Barter economy certainly existed, probably from before the
             | Human Sapiens. But _money_ is a relatively recent
             | invention.
        
               | ETH_start wrote:
               | Good paper from the progenitor of the blockchain, Nick
               | Szabo, positing that the first moneys emerged up to
               | 75,000 years ago and possibly enabled Homo sapiens
               | sapiens to supersede Neanderthals:
               | 
               | https://www.fon.hum.uva.nl/rob/Courses/InformationInSpeec
               | h/C...
        
               | cyberax wrote:
               | I seriously doubt that currency (a standardized medium of
               | exchange) existed in prehistoric times. But barter
               | economy certainly did, we have plenty of archeological
               | evidence for it.
               | 
               | Still, even the barter economy was used for mostly
               | "optional" activities. People were not dependent on it
               | for survival, a tribe could live just fine on their own,
               | without trade.
        
               | Wytwwww wrote:
               | > currency (a standardized medium of exchange)
               | 
               | That's a pretty recent innovation, standardized coins
               | didn't appear until the 600s BC, barely 100-150 years or
               | so prior to the Greco-Persian wars. Widescale
               | international trade existed for 1000+ years prior to that
               | as far as we know, you don't necessarily standardized
               | money for that.
        
               | tomjakubowski wrote:
               | > Barter economy certainly existed
               | 
               | What is the best evidence for this historically?
               | Anthropologists strongly dispute this idea, and believe
               | barter was mostly used for trade between total strangers
               | (e.g. traders from outside your society or "economy")
               | 
               | Graeber's _Debt: the first 5000 years_ covers this topic
        
               | cyberax wrote:
               | > What is the best evidence for this historically?
               | 
               | Mostly archeological. There are many burials that contain
               | items that were clearly not locally sourced. In some
               | cases, they had to be transported for thousands of
               | kilometers.
               | 
               | And quite often this was done for non-functional items
               | such as jewelry or dyes.
        
               | kspacewalk2 wrote:
               | Er... Money has existed for thousands of years, and has
               | replaced barter in any society with even moderate amounts
               | of specialization, and a population size that gets into
               | the thousands. In Roman times, this was already the case
               | for thousands of years. Money is one of the great
               | enablers of trade and specialization, of empire building.
               | Barter economy cannot sustain any of that, because barter
               | economy does not scale. Money is a relatively recent
               | invention in the time scale of our species existence, but
               | that's still 3-4 thousand years of near-ubiquitous use,
               | minimum.
        
               | cyberax wrote:
               | The Roman Empire was basically modern. It had currency,
               | banks, loans with interest, etc.
               | 
               | At the same time, the Slavic countries up north still
               | were pre-monetary. There was little to no currency, but
               | there was extensive trade in fur, salt, and other goods.
        
               | eesmith wrote:
               | Was there money in pre-1778 Hawaii? Not that I have been
               | able to figure out. I believe it was a gift economy.
               | 
               | There certainly was specialization in Hawaii, and with a
               | population of over 100,000 would seem like a good
               | counter-example.
               | 
               | > Barter economy cannot sustain any of that, because
               | barter economy does not scale.
               | 
               | From https://en.wikipedia.org/wiki/History_of_money ,
               | "There is no evidence, historical or contemporary, of a
               | society in which barter is the main mode of exchange;[23]
               | instead, non-monetary societies operated largely along
               | the principles of gift economy and debt."
               | 
               | https://en.wikipedia.org/wiki/Non-
               | monetary_economy#Other_mon... list other money-less
               | systems including "the Incas and possibly, also the
               | empire of Majapahit". Both were empires.
        
               | Wytwwww wrote:
               | > for thousands of years
               | 
               | It depends on how you define money. Coins didn't really
               | exist until the 7th century BC, that doesn't mean long-
               | range widescale trade did not exist prior to that for
               | 1000+ years but they didn't generally use money (in the
               | way we would understand it at least) so the boundary
               | between using money and barter wasn't really that clear.
        
               | noselasd wrote:
               | This is highly dependent on the location. We certainly
               | know there was a large interconnectede monetary economy
               | around the middle east and the mediterranean around 3000
               | years ago. The roman empire was largely a monetarian
               | economy as well, about 2000 years prior to what is
               | commonly referred to as "pre-industrial", they had quite
               | an extensive banking system as well.
        
           | monero-xmr wrote:
           | They used money. The Incas had a system for accounting using
           | knots https://en.m.wikipedia.org/wiki/Quipu
           | 
           | You don't need physical coins to have money
        
             | cyberax wrote:
             | They certainly used _accounting_, but not money (currency).
             | They were not assigning certain monetary value to items.
        
               | monero-xmr wrote:
               | I think it's highly likely that a system built for
               | counting was used for counting loans, debts, and
               | resources. The foundation of civilization is resource
               | allocation.
        
               | scarecrowbob wrote:
               | I'm not an expert in this so maybe am just off base.
               | 
               | But the key difference (I have been told) is what you can
               | do with that accounting.
               | 
               | Like, I can walk into a shop and buy anything on the wall
               | with money, whereas that kind of accounting may have very
               | different implications for what you can do with it.
               | 
               | Additionally, I can take money that I gathered from one
               | source and use it somewhere else, and it's fungible in
               | that I can use it anywhere else in the system. If I have
               | a debt to one person in earlier systems that debt may be
               | non-transferable.
               | 
               | If those two elements are true, it becomes very difficult
               | to do a lot of the things that we think of as money,
               | specifically interest and massive accumulation.
        
               | cyberax wrote:
               | It assumes that Inca used formal loans and debts. They
               | certainly used accounting for resources, though.
        
             | weatherlight wrote:
             | An accounting system using knots isn't money, per ser.
             | These systems of credit were based on mutual trust and
             | social relations, often without a physical representation
             | of money as we know it today.
             | 
             | Comparing this to coinage, the innovation of coins
             | introduced a standardized physical object that could
             | represent value, which allowed for a different kind of
             | economic activity not solely based on personal trust and
             | relationships. Coinage enabled transactions with strangers
             | and facilitated trade over larger distances and among
             | larger groups of people, where personal credit
             | relationships were not feasible.
             | 
             | Money, has a specificity to it. In essence, while early
             | credit systems were based on social relationships and trust
             | within communities, coinage represented a more impersonal
             | and widely accepted medium of exchange that did not
             | necessarily rely on social bonds. This distinction is
             | crucial because it allowed for the expansion of trade and
             | the concept of money as an abstract unit of account, rather
             | than a direct reflection of social debts and credits.
        
               | csomar wrote:
               | So they invented the modern fiat monetary system before
               | it was cool?
        
               | monero-xmr wrote:
               | I think there is a lot of fantasy thinking that ancient
               | times didn't use money. Trade is evident from the
               | earliest times as proven through goods at burial sites
               | that originated thousands of miles away. Trade
               | necessitated commoditized assets as intermediary value
               | stores, and common ones included salt and furs in
               | addition to hard metal coins and commoditized metal
               | objects like swords.
               | 
               | Social relationships are still important the higher you
               | go in finance - it's much easier to get a $100 million
               | loan for a new building with a strong relationship with a
               | banker than as a stranger, regardless of collateral.
               | 
               | I think a pre-commercial time where people didn't care
               | about money is a fiction.
        
               | weatherlight wrote:
               | There's a lot of anthropological and archaeological
               | evidence to the contrary. People indeed had trade and
               | exchanges in ancient times, but these did not aalways
               | necessitate a formalized system of money as we understand
               | it today. The early forms of trade were often based on
               | complex systems of credit and debt that were deeply
               | intertwined with social relationships and trust within
               | communities. David Graeber's work, "Debt: the first 5000
               | years," highlights that for more than 5,000 years before
               | the invention of coins, humans extensively used such
               | credit systems to buy and sell goods, long before the
               | existence of coins or cash.
               | 
               | While it is true that trade is evident from ancient
               | times, with goods found at burial sites that originated
               | thousands of miles away, this does not automatically
               | imply that all trade was facilitated by a commoditized
               | asset serving as a universal medium of exchange. In many
               | cases, goods like salt, furs, and metal objects were
               | indeed used in trade, but they were part of a broader
               | system of barter and reciprocal exchange, which could
               | function effectively without a standardized form of
               | money.
               | 
               | Regarding the role of social relationships in finance,
               | while it's accurate that relationships remain crucial,
               | especially for large transactions in modern times, this
               | does not discount the fact that in the past, community
               | trust and social bonds were often the primary means of
               | securing credit, not collateral or commoditized money.
               | This is evident in how competitive markets and the
               | scarcity of trust can affect transactions, as Graeber
               | notes through an anecdote where mutual aid within a
               | community was a given, not a transaction requiring formal
               | repayment.
               | 
               | The idea of a pre-commercial time where 'people didn't
               | care about money' may indeed be fictional, but it's more
               | nuanced than simply saying they used money in the way we
               | do now. They cared about value and exchange, but these
               | were frequently managed through social mechanisms rather
               | than through impersonal, commoditized money. It's
               | essential to understand that the concept of money has
               | evolved and that early forms of trade and credit were
               | valid economic systems in their own right, even if they
               | don't match the monetary systems we are familiar with
               | today.
        
               | monero-xmr wrote:
               | My broader point is that certain people think that there
               | is this utopian "pre money time" where capitalism didn't
               | exist. I believe capitalism is the default, free trade is
               | the default, and the fundamental idea that people will
               | engage in for-profit commerce is embedded into our
               | psychologies.
        
               | weatherlight wrote:
               | capitalism, as a system defined by profit-driven markets
               | and private ownership, is a relatively modern concept and
               | not the default economic state throughout human history.
               | earlier societies often operated on principles of
               | reciprocity and communal sharing rather than for-profit
               | trade. while the inclination to trade can be considered
               | inherent, the forms and rules of trade have varied
               | greatly across cultures and eras, shaped by differing
               | social and political contexts.
        
               | progne wrote:
               | Money-as-knots-in-a-rope sounds closer to the modern
               | money-as-bits-on-a-plate than does money-as-metal-disks.
        
               | weatherlight wrote:
               | indeed, the comparison of quipu to modern digital money
               | highlights the diversity of forms that 'money' can take.
               | However, the fundamental difference lies in the functions
               | and roles that these systems serve within their
               | respective societies. The quipu was primarily an
               | accounting tool, part of a complex system of record-
               | keeping used by the Incas, which facilitated the
               | administration of their economy, particularly in terms of
               | tribute and state resources. It did not serve as a medium
               | of exchange in the same way coins or modern digital money
               | do.
               | 
               | modern money, whether digital or physical, serves several
               | key functions: it is a medium of exchange, a unit of
               | account, and a store of value. While the quipu certainly
               | functioned as a unit of account, it's not clear that it
               | served as a medium of exchange or a store of value. These
               | are essential characteristics that define 'money' in the
               | economic sense.
               | 
               | the impersonal nature of coinage and modern digital money
               | allows them to facilitate trade and economic activity on
               | a scale and with a degree of anonymity that's not
               | possible with a system like quipu, which is deeply
               | embedded in the social and political fabric of the
               | society that uses it.
               | 
               | The transition to coinage and later to digittal
               | transactions represents a move towards a more
               | standardized, divisible, and portable form of money that
               | can be used in a wide range of transactions, with or
               | without a pre-existing relationship between the parties
               | involved. This is quite different from the quipu, which
               | was embedded in a specific cultural context and may not
               | have been readily exchangeable or understood outside of
               | that context.
               | 
               | So while it's tempting to draw parallels between ancient
               | accounting systems and modern digital currencies, we must
               | be careful not to conflate the two. Each serves its
               | purpose within its particular economic and social milieu,
               | with specific attributes and limitations that define its
               | use as "money."
        
               | zopa wrote:
               | > It did not serve as a medium of exchange in the same
               | way coins or modern digital money do.
               | 
               | Source for the confidence here? We know that a corvee
               | economy existed, but I'm skeptical that we can rule out
               | private quipo-based exchange. The evidence base is pretty
               | thin; a lot of stuff didn't survive Pizarro.
        
               | weatherlight wrote:
               | https://www.peruforless.com/blog/quipu/
               | https://en.wikipedia.org/wiki/Quipu?useskin=vector they
               | were more like ledgers or logs... not money. (Early
               | databases perhaps?)
        
               | Wytwwww wrote:
               | > Coinage enabled transactions with strangers and
               | facilitated trade over larger distances and among larger
               | groups of people, where personal credit relationships
               | were not feasible.
               | 
               | Extensive trade international trade networks existed
               | during the entire bronze age and the preceding periods
               | without any coins, though. Coins are useful as an
               | standardized accounting unit and are easy to transport
               | but fundamentally are not that different from barter.
        
               | keep_reading wrote:
               | Of course knots aren't "money" because money also needs
               | scarcity and a way to prevent forgery but we have plenty
               | of other examples: Rai stones, cowrie shells, other rare
               | things ...
        
             | 7thaccount wrote:
             | Money and debt aren't exactly the same thing though right?
             | The quipu is a system of IOUs iirc. More like the English
             | debt stick. With currency/money (gold, silver, copper, fiat
             | notes), we make a transaction on the spot and we're done.
             | There is no debt in the simple case. The poster is saying
             | they didn't use money and it sounds like they didn't. They
             | used a system of tracking debts which could likely be
             | traded.
             | 
             | I know it's all tightly related, but I believe there is a
             | difference.
        
             | neeleshs wrote:
             | It is fun to think of knots as rudimentary Merkel trees!
        
           | andsoitis wrote:
           | > Most of the economy back then was non-monetary.
           | 
           | In 600 BCE, Lydia's King Alyattes minted what is believed to
           | be the first official currency, the Lydian stater. The coins
           | were made from electrum, a mixture of silver and gold that
           | occurs naturally, and the coins were stamped with pictures
           | that acted as denominations.
           | 
           | https://www.investopedia.com/articles/07/roots_of_money.asp
           | 
           | But also note that physical currency is not necessary for
           | "money". Money has been around for about 5000 years, ridding
           | us from barter.
        
         | gilleain wrote:
         | Interesting question - it seems like there were Welsh mines in
         | Roman times:
         | 
         | https://en.wikipedia.org/wiki/Dolaucothi_Gold_Mines
         | 
         | > They are the only mines for Welsh gold outside those of the
         | Dolgellau gold-belt, and are a Scheduled Ancient Monument. They
         | are also the only known Roman gold mines in Britain, although
         | it does not exclude the likelihood that they exploited other
         | known sources in Devon in South West England, north Wales,
         | Scotland and elsewhere.
        
           | lostlogin wrote:
           | Thanks.
           | 
           | The wiki on this mine is quite extensive.
           | 
           | https://en.m.wikipedia.org/wiki/Dolaucothi_Gold_Mines
        
         | weatherlight wrote:
         | Phenomenal book that cover's this exact topic, "Debt: The First
         | 5000 Years."
         | https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years
         | "The book argues that debt has typically retained its primacy,
         | with cash and barter usually limited to situations of low trust
         | involving strangers or those not considered credit-worthy"
         | 
         | It would make sense that cash would pop up once the Romans
         | arrived, and would be in small amounts to facilitate spot
         | transactions between Romans and the pre-Roman peoples of
         | Britain and why there's such little amounts of cash.
         | 
         | Further more, I can imagine a scenario where Roman coins were
         | melted down to make these coins (total conjecture) .
        
           | 7thaccount wrote:
           | I've seen some work on this as well. It would make sense in
           | small tight knit communities to help out your neighbor when
           | you could and vice-versa. There would be a relatively small
           | need for coinage until things became a lot more complex and
           | urbanized.
        
           | MichaelZuo wrote:
           | That's still true nowadays if you limit 'cash' to just
           | physical currency.
        
             | weatherlight wrote:
             | its not quite the same, I explain why in the comments below
             | this one. :)
        
           | LudwigNagasena wrote:
           | The book is a combination of anecdata and speculation
           | presented in a polemical style. Not really something that I
           | would call "phenomenal".
        
             | weatherlight wrote:
             | the book stimulates important discussions on economic
             | history and the roots of our financial systems. While its
             | style is assertive, its contribution to questioning
             | established economic assumptions is undeniably valuable.
             | its also backed by anthropological and archaeological
             | evidence.
        
               | LudwigNagasena wrote:
               | Unfortunately, Graeber is not well-versed in economic
               | theory so him "questioning established economic
               | assumptions" often resembles fighting windmills or not
               | even that.
               | 
               | If you know any actual contributions to economics or the
               | history of economics that were consequences of his
               | stimulation, I would be glad to hear about them.
        
               | weatherlight wrote:
               | Graeber's background in economic anthropology offers a
               | fresh lens through which to view economic history,
               | highlighting the social and cultural dimensions that
               | traditional economic theories sometimes overlook. His
               | work has encouraged interdisciplinary dialogue, prompting
               | economists and historians alike to incorporate broader
               | socio-cultural understandings into their analyses. While
               | his approach differs from conventional economic
               | theorizing, it complements it by adding depth to our
               | understanding of economic phenomena.
        
               | LudwigNagasena wrote:
               | Right, but are there _actual_ contributions to economics
               | or the history of economics that were consequences of his
               | "stimulation"?
               | 
               | Also, saying that he single-handedly prompted "economists
               | and historians alike to incorporate broader socio-
               | cultural understandings into their analyses" is a huge
               | denigration of institutional economics, behavioural
               | economics, Austrian economics, social economics, etc.
        
               | weatherlight wrote:
               | It's a relatively recent addition to the discorse, having
               | been published just over a decade ago.
               | 
               | It's definitely apart of the heterodox tradition in
               | economics (without diminishing what's already there),
               | which often takes longer to be integrated into the
               | mainstream.
               | 
               | So, I guess time will tell?
        
               | sebmellen wrote:
               | I don't say this as an accusation, but your writing is
               | remarkably similar to ChatGPT output.
        
               | ksaj wrote:
               | Missing the giveaway "However..." clause that nearly all
               | ChatGPT descriptions have in them.
        
               | Natsu wrote:
               | I made a prediction that I was going to find out that
               | Graeber was a communist thinker before I looked him up
               | just now. I was not surprised.
        
               | bibanez wrote:
               | My feeling when I read Debt was that he was smart enough
               | to understand conventional economic theory. My brother
               | studied economics and he was the one who actually
               | recommended me the book.
        
               | tomrod wrote:
               | As a second nomination, I hold a PhD in economics and
               | found the book interesting.
        
               | bedobi wrote:
               | I don't mean to be uncharitable but you need to read up
               | on what actual experts say about things Graeber says.
               | He's Joe Rogan level knowledgable, and that's not a
               | compliment.
        
               | spicymapotofu wrote:
               | Where can I search for this kind of discourse? There's a
               | lot of "actual" here without names.
        
             | Exoristos wrote:
             | And very tendentious.
        
         | permo-w wrote:
         | I've never heard of a gold mine in the UK, but Welsh gold is
         | something you often see and hear of, whatever that tells you
        
         | netbioserror wrote:
         | As early as the Bronze Age, Britain was part of wide-spanning
         | trade networks that funneled Cornwallish tin to the empires of
         | the Near East. I would imagine that even before the invention
         | of true coinage, various quantities of gold and other precious
         | metals were circulating in Britain from those Mediterranean
         | sources.
        
           | Turing_Machine wrote:
           | > As early as the Bronze Age
           | 
           | Note that while Great Britain didn't have a whole lot of
           | gold, it _did_ have a whole lot of tin.
           | 
           | You can't make bronze without tin. People who want to make
           | bronze will give you gold for it.
        
           | 867-5309 wrote:
           | >Cornwallish
           | 
           |  _Cornish_ would do
        
         | justincormack wrote:
         | I have been in a gold mine in Wales, I think it was this one
         | that is Roman https://www.visitwales.com/attraction/visitor-
         | centre/dolauco...
        
         | nn3 wrote:
         | They didn't necessarily need gold. For example in bronze/iron
         | age trading it was common to use relatively standardized small
         | bars of other metals for payment. These were not coins, but
         | approximately had the same function.
        
         | dghughes wrote:
         | > how did all these countries manage to find enough gold
         | 
         | They may not have. Some gold mixed with silver or other metals
         | may have been common. In other words counterfeiting whether
         | officially sanctioned or by thieves was probably not uncommon.
        
           | lostlogin wrote:
           | I have a 'silver' Roman coin, but it's a thin layer and it's
           | bronze underneath.
        
         | creer wrote:
         | To complement the answer "yes, there was surface level gold
         | which was simply mined, and early", also 2000 years ago is not
         | that long ago. By that time there was commerce going on across
         | all of Europe, and gold had been used in coins and jewelry or
         | cult items by most of these cultures for a long time BEFORE
         | that. So that any specific gold could actually have come from
         | elsewhere.
        
         | Simon_ORourke wrote:
         | There's plenty of gold, or at least there was, in the south
         | west of Britain back in the day. I'd assume pre Roman gold was
         | all surface level stuff, but there were stories of way more
         | industrial processing of silver by the Romans in Spain.
         | 
         | https://www.jstor.org/stable/296070#:~:text=The%20silver%20m...
         | .
        
         | retrac wrote:
         | In a few rare spots of the world, gold is literally just in the
         | dirt and rocks.
         | 
         | There's certainly some gold in the UK; there's still probably
         | thousands of extractable tonnes of gold in the UK. Whether a
         | deposit is _economic_ to extract is a different question. Very
         | few sites in the world can compete with the gold mines of
         | Canada, China and Australia with their very rich deposits.
         | 
         | > Was it all relatively surface level and rapidly mined out,
         | and now all gone?
         | 
         | To some degree this is a factor. Copper and tin are other
         | resources you'll find are already heavily extracted in Europe:
         | 
         | > The main mining district of the Kupferschiefer in Germany was
         | Mansfeld Land, which operated from at least 1199 AD, and has
         | provided 2,009,800 tonnes of copper and 11,111 tonnes of
         | silver. The Mansfeld mining district was exhausted in 1990.
         | 
         | It's not so much that they literally ran out - there's still
         | plenty of copper there. But it was only viable to run in the
         | East German (Communist) economy. Now that most is extracted,
         | there are diminishing returns. It takes more labour and
         | processing and etc. than extracting from a deposit elsewhere
         | would.
         | 
         | When Europeans came to North America and reached regions that
         | had never had a particularly high population density and had
         | never had much mining - like in parts of the Rocky Mountains -
         | they sometimes literally found gold dust lying at the bottom of
         | riverbeds and chunks of gold ore sticking out of the side of
         | cliff-faces. (Cue up a gold rush.) Europe's first large-scale
         | miners probably had a similar experience of abundance once,
         | many thousands of years ago.
        
         | spaceman_2020 wrote:
         | What's surprising to me is that cultures all across the world
         | agreed that this shiny metal was valuable and could be readily
         | exchanged anywhere for goods and services.
         | 
         | We know that gold is valuable today because of its
         | distribution, availability and metallurgical properties. But
         | random tribes who haven't even seen an iron tool somehow
         | decided that this shiny metal was scarce and valuable enough to
         | hoard and desire.
         | 
         | Is it something in the metal itself?
        
           | eszed wrote:
           | Incorruptible - as in, doesn't rust - and is commonly found
           | in a state that doesn't need to be refined.
        
           | Wytwwww wrote:
           | It's shiny and very easy to work and doesn't rust. The
           | complete opposite of iron, which didn't really become that
           | widespread until the bronze age trade routes collapsed (tin
           | and copper aren't found in the same place). Bronze was also a
           | much nicer metal than iron back in those days. Much, much
           | easier to work and about as strong.
        
           | hiddencost wrote:
           | Scarcity is actually an incredibly valuable property. Control
           | over gold production meant control over the money supply.
           | Otherwise, anyone could inflate your currency into oblivion.
        
             | WalterBright wrote:
             | Just imagine what would happen if the money supply
             | consisted of pieces of paper that the government could
             | print any time it wanted more money!
        
           | fl7305 wrote:
           | > Is it something in the metal itself?
           | 
           | Yes. I never understood it myself, until the first time I
           | held a heavy gold necklace. The feeling is hard to describe.
        
         | dboreham wrote:
         | There were gold mines:
         | 
         | https://en.m.wikipedia.org/wiki/Gold_mining_in_Scotland
         | 
         | https://en.m.wikipedia.org/wiki/Welsh_gold
        
         | spacecadet wrote:
         | lol age of empires man. There was gold just sticking out of the
         | ground everywhere. You just needed some pleebs to mine it and
         | carry it back to your keep. or was that stronghold? I forget XP
        
         | jmyeet wrote:
         | There was gold mining in Britain (specifically Scotland) at
         | least 2,500 years ago [1].
         | 
         | [1]: https://www.bullionbypost.co.uk/index/gold/gold-mining-in-
         | th...
        
         | pyuser583 wrote:
         | It came from trade. The exact provenance was not important.
         | 
         | Herodotus tried to figure out where all the "stuff" is coming
         | from, but mostly found stories he admits are far-fetched.
         | 
         | Modern historians take pleasure in proving his "myths" to be
         | fact.
         | 
         | "Apparently there is some place in Asia where gold is mined by
         | ants!"
        
         | fiedzia wrote:
         | Gold is relatively common, it's just that most mines were mined
         | completely or to the point where further exploration was not
         | economically viable, so few were preserved, though many mines
         | that we have been used recently for other minerals did contain
         | some gold in the past.
         | 
         | From first google link
         | (https://www.bullionbypost.co.uk/index/gold/gold-mining-in-
         | th...):
         | 
         | "Gold has been mined in Scotland for over 2,500 years. There
         | was gold mining in Crawford from the early 1500s" - and that's
         | just a few examples.
         | 
         | I recommend reading about or visiting Great Orme if you are
         | interested in mining, it's a copper mine that was in use since
         | bronze age.
        
       | jakedata wrote:
       | I think that if humanity survives another 2000 years, our
       | descendants will know far less about us than we do about our
       | ancestors.
        
         | wcoenen wrote:
         | The Long Now foundation is trying to fix that, e.g. with their
         | Rosetta project. They actually managed to get a copy onto comet
         | "67P/Churyumov-Gerasimenko"!
         | 
         | https://en.wikipedia.org/wiki/Rosetta_Project
         | 
         | https://longnow.org/ideas/after-more-than-a-decade-esas-rose...
        
         | qup wrote:
         | For what reason?
        
           | pjmlp wrote:
           | A few things come to mind, the longevity of digital based
           | information, how electronics doesn't survive as well as clay
           | and paper, encrypted storage, commercial software stored
           | information, and how well we may nuke ourselves.
        
           | stevenwoo wrote:
           | Digital data that we don't have a very long history of
           | maintaining and largely not maintained and most paper print
           | matter is very short lived relative to what we have gleaned
           | from metal, stone and clay used by prior civilizations.
        
           | scarecrowbob wrote:
           | I think this is an interesting question in that it brings up
           | two points.
           | 
           | The media this culture creates (specifically writing, in
           | general) is very specific but very fragile. So eventually it
           | wears out, and every year our storage media get vastly more
           | fragile- photos from the early 1900s might last longer than
           | stuff on hard drives if humans forget how to build those
           | kinds of things.
           | 
           | But (and this is what I find interesting) the oral traditions
           | that go back (in what we call north America) go back 15k
           | years or more don't "count" under the current epistemic
           | regime. Generally this history isn't something most of the
           | people I run into are aware of, and when people are aware of
           | them they come across as fables/ folk tales/ lore and not
           | material history.
           | 
           | I live around a lot of native folks whose history has been
           | often lost as they have been the victims of a vast genocide
           | seeking to eradicate their culture. However, if you look
           | online you can find discussions about oral histories around
           | hunting mammoths, for instance. This has become a relevant
           | discussion as the amount of genocide has eased up a bit and
           | we have, for instance, native folks doing academic
           | anthropology who can tie an archeological history of (say)
           | large mammoth kills to specific oral narratives.
           | 
           | So, I get what seems to be the original point (our writing
           | will become less legible), but I also find some irony in the
           | idea that people with oral traditions might know a lot more
           | about their long-term ancestors than our rather ephemeral
           | culture.
        
         | kouru225 wrote:
         | I don't understand why people say this. Digital formats can be
         | easily ported over to other digital formats and the more we can
         | automate, the easier it'll be to port digital information from
         | one format to another. I don't think we'll lose very much data
         | at all.
        
           | kaashif wrote:
           | Unless civilization is destroyed after a nuclear war, solar
           | event, something else. Knowledge could be lost in a handful
           | of generations. Maybe a global pandemic makes everyone have
           | constant debilitating brain fog and everything just stops
           | working. I think the right actor in the right place could
           | make these things (except the solar thing) happen.
           | 
           | Although a good point to consider is that we have lost the
           | vast majority of information about the past, so it's not like
           | the old way of writing stone tablets or whatever is
           | necessarily good.
        
           | wcoenen wrote:
           | Preserving digital data requires constant maintenance,
           | because none of the media we use will last forever. Any
           | maintenance gap of a few decades means the data is lost. Such
           | gaps are inevitable over longer timescales like thousands of
           | years.
        
             | xvector wrote:
             | Computers from the 70s still work fine today, and
             | technology is more resilient, not less.
             | 
             | All of Wikipedia (and relevant human histories and
             | discoveries) can fit on a small USB drive.
        
             | kouru225 wrote:
             | Preserving analog data also requires maintenance, except
             | digital maintenance is much easier to do and can be, at
             | least partially, automated, while analog maintenance is
             | specialty work that can't be automated at all.
        
             | Wytwwww wrote:
             | > Preserving digital data requires constant maintenance,
             | because none of the media we use will last forever
             | 
             | That's the only reason we have any texts written by Greek
             | and Romans constant maintenance and copying, and that's
             | also why almost everything has been lost over the ages.
             | Clay tablets from the bronze age are an aberration.
        
         | forinti wrote:
         | We produce huge amounts of artifacts in plastic, metal,
         | ceramics, etc, that will last a very long time.
         | 
         | Archeologists will have tons of garbage to go through, lots of
         | it with dates and place of origin molded into them.
        
           | ianburrell wrote:
           | Future archeologists are going to know lots about our
           | consumption from all the food and drink containers.
           | 
           | Some written items, like street signs, are going to last a
           | long time.
        
         | scarecrowbob wrote:
         | Well, considering that we have human ancestors going back
         | hundreds of millenia, I feel like we actually know very little
         | about them.
         | 
         | Often I get the feeling that the culture I live in makes so
         | many assumptions about other people that we misunderstand even
         | folks who are living now, so people I think we have a very hard
         | time understanding the folks who were living 50k years ago who
         | were every bit as smart, kind, and funny as we are now.
        
         | ianburrell wrote:
         | If you are a reader, you probably have more books than the
         | entire corpus of ancient Greek writing.
         | 
         | We still make lots of paper books. Some will be buried in
         | places they survive. If civilization doesn't completely
         | collapse, somebody will collect books.
         | 
         | If we really cared about preservation, we could archive things
         | better. Like printing books on something that won't degrade. Or
         | inventing archival data storage. I can see focus on
         | preservation happening if there is a near collapse of
         | civilization.
        
           | em-bee wrote:
           | preserving books is not cheap.
           | 
           | most private collections will end up destroyed, because their
           | value is unknown and the cost to even evaluate what is worth
           | preserving exceeds the value of the books themselves.
           | 
           | just the other day i heard the story of a private collector
           | leaving 75,000 books behind, that the heirs can't even afford
           | to dispose of, let alone preserve. there is no complete
           | catalogue, if there is one at all, and most certainly not a
           | digital catalogue.
           | 
           | they will most likely end up being permanently destroyed in
           | paper recycling, if they keep the house. otherwise it will be
           | cheaper to just tear the house down with the books still
           | inside.
           | 
           | so in the end the only books being preserved will be
           | libraries as long as those are being funded. for less popular
           | titles that means just a few copies of each book. and those
           | that can be digitized before they are being destroyed.
           | 
           | beyond that what will survive are at best maybe a few private
           | libraries that are on privately owned properties owned by a
           | family that cares.
           | 
           | with that in mind it would actually be an interesting
           | question how to bury books with minimal effort so that they
           | have at least some chance to survive
        
         | Wytwwww wrote:
         | Outside of archeology we basically know nothing about pre-Roman
         | Britain. We hardly know anything about Roman Britain too and we
         | barely know what happened after the Romans left.
         | 
         | Barring some world ending apocalypse I find it hard to imagine
         | that, even if let's say 1000 times less written material
         | survived the next 2000 years compared to the 2000 that preceded
         | us our descendants would still have several magnitudes more
         | information about our times than we do about 0 BC (especially
         | if we're talking about Britain or pretty much any people in
         | Europe who did not speak Latin or Greek).
        
       | Dalewyn wrote:
       | Who's the obscure ruler?
       | 
       | I refuse to click clickbait.
        
         | gilleain wrote:
         | It's "Esunertos". Presumably you would have immediately known
         | who that was, so if they put it in the title it would have been
         | obvious, right?
         | 
         | While clickbait is annoying, of course, not every single
         | article title is clickbait :)
        
           | Dalewyn wrote:
           | If a title refuses to describe the subject without further
           | interaction for no good reason at all, it's clickbait.
           | 
           | Clickbait can die in a fire.
           | 
           | Thanks for the info though.
        
             | gilleain wrote:
             | Ok, but the problem here is that the article would either
             | have to use his actual name ('Esunertos') which almost no
             | one would know, or it would have to summarise:
             | 
             | >coin bears the name "Esunertos," which can be translated
             | as "mighty as the god Esos," (also spelled Esus) ... dates
             | to sometime between 50 B.C. and 30 B.C., a time after
             | Julius Caesar invaded Britain twice around 55 B.C. to 54
             | B.C
             | 
             | Into the title. I'm not sure which would be better, really.
        
               | mcpackieh wrote:
               | _" Rare 2,100-year-old gold coin bears name of Esunertos,
               | an obscure ruler from pre-Roman Britain"_
               | 
               | Two extra words. It's not so hard.
        
               | Dalewyn wrote:
               | Rare 2,100-year-old gold coin featuring Esunertos, a
               | ruler from pre-Roman Britain.
               | 
               | You're welcome.
        
         | tejohnso wrote:
         | > The rare coin was discovered in March 2023 in Hampshire
         | county and was auctioned Sept. 28 for 20,400 British pounds
         | ($24,720), Spink auction house said in a series of statements.
         | 
         | > A Latin alphabetic inscription on the coin bears the name
         | "Esunertos," which can be translated as "mighty as the god
         | Esos," (also spelled Esus) the statements said. The name itself
         | is Gaulish, a language commonly spoken in the region at the
         | time, John Sills, an archaeologist at the University of
         | Oxford's Institute of Archaeology who examined the coin before
         | it was auctioned, told Live Science in an email.
         | 
         | > The coin dates to sometime between 50 B.C. and 30 B.C., a
         | time after Julius Caesar invaded Britain twice around 55 B.C.
         | to 54 B.C., the statement said. Caesar's invasions failed to
         | establish permanent Roman control over Britain. It wasn't until
         | after another Roman invasion, launched in A.D. 43 by Emperor
         | Claudius, that the Roman Empire managed to gain long-term
         | control over part of the island.
         | 
         | > This coin is one of only three on record that bear the name
         | Esunertos, Sills said. All three were found in the same region,
         | and it's possible that the territory controlled by Esunertos
         | included part of what is now western Hampshire, Sills noted.
        
         | tired-turtle wrote:
         | This was the opposite of clickbait.
         | 
         | The pertinent part of the discovery is a 2100 year old coin
         | from pre-Roman Britain stamped with some ("obscure") ruler's
         | name, meaning the British Isles had coin-based commerce before
         | the Romans arrived. The ruler's name is incidental and not
         | itself germane to the conversation, hence why it was elided
         | from the title.
        
         | weatherlight wrote:
         | The answer doesn't fit nicely into the title......sooo? read
         | the article I guess?
        
       | Garklein wrote:
       | > The name itself is Gaulish, a language commonly spoken in the
       | region at the time
       | 
       | A bit of research says that Gaulish was only spoke in Continental
       | Europe. Is the inscription on the coin just a similar Celtic
       | language?
        
         | Cacti wrote:
         | I mean, British kings holding French land and French kings
         | holding British land is... well, not new.
        
           | rz2k wrote:
           | Though not new, the well known example of Norman claims in
           | France is a thousand years newer than this coin.
        
         | AlotOfReading wrote:
         | Brittonic was likely very close to gaulish. It's possible the
         | authors just had a simple mixup or possibly subscribe to one of
         | the various hypotheses that they're genetically closely related
         | (e.g. gallo-brittonic).
        
         | cmrdporcupine wrote:
         | Evidence I think shows was plenty of back and forth trade and
         | population movement between Britons and Gauls in that period.
         | And at this point in history or just prior I _suspect_
         | Brittonic and Gaulish were more dialects or branches of a
         | common P-Celtic language, but there is controversy about this
         | topic.
         | 
         | In any case, language aside, esp after the Romans conquered
         | Gaul, many Gaulish tribes had power centres among the Britons
         | in areas of what is now England. There's been chariot burials
         | discovered in Britain that look basically identical to those
         | from the continent.
         | 
         | E.g. the Parisi were a Brittonic tribe mentioned by the Romans
         | that share a name with the Parisii of Gaul (for which Paris is
         | named), and likely were quite connected.
         | 
         | I believe in fact that part of the justification the Romans
         | gave for their invasion of Britain was in fact that the
         | (defeated) Gauls were using it as a power base to cause
         | problems for the Romans in Gaul.
         | 
         | And then a few hundred years later, it got flipped around and
         | some Britons fled from Saxon invasion back to the continent
         | into what is now Brittany in France and Britonia in Galicia in
         | Spain.
         | 
         | This is a good book on this topic: https://www.amazon.ca/Blood-
         | Celts-New-Ancestral-Story/dp/050...
        
       | readyplayernull wrote:
       | Looks like a bicycle
        
       | qwerty456127 wrote:
       | > an Iron Age man who said he was as "mighty" as a god
       | 
       | I wonder if such people were actually believed (by their
       | followers or by themselves) wielding enormous supernatural powers
       | or if descriptions of this kind were just political flattery.
        
         | gleenn wrote:
         | 2100 years ago was before Christ and at least a few people
         | think he's pretty important. Seems reasonable to assume there
         | was enough mysticism that people would believe it.
        
           | qwerty456127 wrote:
           | > Seems reasonable to assume there was enough mysticism
           | 
           | Is there a reason to believe ancient people had no skepticism
           | and popularly took mysticism seriously?
        
             | carbotaniuman wrote:
             | Even today there are people who have little skepticism and
             | take mysticism seriously, it is likely that any evidence
             | against this person did not survive the times.
        
               | qwerty456127 wrote:
               | Indeed. Even today "there are people...". What I am
               | curious about is how much does the average degree of
               | seriousness differ between our and their times. We
               | seemingly tend to assume people of the distant past
               | predominantly were extremely naive and sincerely believed
               | whatever we find written by them. But what if they were
               | almost as rational as modern people are and that's we who
               | are naive when reasoning about their beliefs?
        
               | Loughla wrote:
               | I think it's less about being naive and more about the
               | base of information.
               | 
               | I believe I need antibiotics when I have an appropriate
               | infection, because modern medicine has built an entire
               | catalogue of reasons.
               | 
               | If we don't have that information, and we do have
               | "experts" saying it's because our autumn sacrifice wasn't
               | good enough, then my guess is that's what most people
               | will believe.
               | 
               | Make the best choice you can with the available
               | information, sort of thing.
        
             | skinner927 wrote:
             | When a bad harvest, a pack of hungry wolves, violent
             | neighbors, or a small cut that becomes infected, are all
             | life threatening possibilities, I think mysticism overrules
             | skepticism.
        
         | anonymouskimmer wrote:
         | It might just have been the name his parents gave him. In such
         | cases it would just be an aspirational name such as Chastity,
         | or one meant to draw the favor of a particular god such as
         | Jesus or Christian.
        
       | maximinus_thrax wrote:
       | Can someone explain why this is remarkable? Is there something
       | special about that ruler? Or about coins that age in Britain?
       | 
       | > "Within a rapidly changing political landscape, I suspect that
       | new political leaders emerged; sometimes flourishing, sometimes
       | disappearing as quickly as they had appeared," Leins said. "If an
       | individual amassed enough power and wealth to extend his/her
       | influence, the striking and issuing of coins was one mechanism by
       | which they could further expand their influence."
       | 
       | Yes, that's pretty much how it works. This is also how we know of
       | a couple of short lived rulers during the migration period after
       | Rome fell. Why is this science 'news'?
        
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