A longstanding archaeological riddle involves the phenomenon of coin hoarding in the ancient Roman Empire—why were massive stashes of wealth often buried, and seemingly never retrieved?

Now scholars may finally be closer to knowing the answer, according to new findings published in the Journal of Ancient History and Archaeology. The research presents evidence drawn from several case studies that help to build the argument that many ancient Roman coin hoards were buried during periods of political upheaval, war, or other catastrophic periods of change, revealing that the recovery of these caches may not have always been practical, or even possible.

The Enigma of Roman Coin Hoards

For many centuries, treasure hunters, archaeologists, and others have made remarkable discoveries of buried hoards of Roman coins across Europe, North Africa, and the Middle East. Although the reasons why coin hoards were buried are sometimes fairly obvious, the real mystery for scholars throughout time has to do with why these troves—often representing significant amounts of wealth—remained unrecovered.

To answer this question, Babeş-Bolyai University researchers Adrian-Daniel Stan and Cristian Gǎzda leveraged one of the world’s largest databases on Roman coin hoards, and based on the data the pair reviewed, they suggest that these “forgotten fortunes” entombed within the earth can be viewed as the fingerprints left behind by some of the darkest periods in the Roman Empire.

 A Deeper Look at Roman Coin Hoards

Managed by the Ashmolean Museum and the University of Oxford, the Coin Hoards of the Roman Empire (CHRE) project is an extensive database comprised of more than 18,000 documented hoards.

With data on more than 7.5 million coins, the project’s database provided Gǎzda and Stan precisely the kind of information they needed to contrast discoveries of large troves of wealth buried throughout the ancient Roman world.

However, rather than focusing their study on why Romans hid their valuables in the first place, which has long remained the focus in past archaeological research, the team decided to try to better understand what prevented their reclamation.

Coin hoards were buried for a variety of reasons. Sometimes merchants would hide their wealth to conceal it from thieves or tax collectors. In other instances, treasure caches might have been buried for religious reasons, such as offerings or as part of rituals.

In at least some instances, circumstantial clues help to illustrate that the hoards had been buried in what were intended as temporary hiding places, sometimes contained within ceramic vessels, bags or pouches made from leather, or within other kinds of containers.

Such discoveries have often been located below the flooring in houses or hearths—locations where it was likely expected that they would have been retrieved by their owners. When these hoards remained buried, it likely means something went wrong.

Aligning with this “catastrophic” interpretation, Gǎzda and Stan relied on spatial and chronological analyses of the CHRE database, which revealed clusters of unrecovered hoard discoveries that frequently coincided with major upheavals that included wars, invasions, and natural disasters known in the historic record.

The Battle of the Teutoburg Forest

One example the research team focused on occurred in A.D. 9, where a trio of Roman legions was obliterated by Germanic tribes. This event, known as the Battle of the Teutoburg Forest, aligned with several coin hoards found around a battlefield area at Kalkriese, as well as the nearby Roman fort of Haltern; a pattern implying that soldiers and civilians had likely buried their valuables, and never had opportunities to recover them.

Similar patterns were observed in Britain, where concentrations of hoards matched with periods of tribal warfare, as well as the beginning of the Roman conquest in A.D. 43, and other instances. Further south, another concentration appears around Mount Vesuvius just after the devastating eruption that occurred in A.D. 79, which buried Pompeii beneath a blanket of volcanic ash.

Still other examples of hoard “clusters” emerge from the data in areas that include the Danube frontier during the Dacian Wars, and amid invasions that were prevalent during the crisis period the Roman Empire underwent during the third century.

Overall, the patterns reveal that these unrecovered hoards provide a unique archaeological record of upheaval and insecurity in the ancient world that helps to complement and verify written history and other archaeological research.

A Tale of Two Phenomena

Significantly, Gǎzda and Stan observe that there are two distinctive phenomena that emerge from these failures to recover buried treasure. One involved the practical concern of protecting one’s wealth, and avoidance of taxation, while the other involved more tragic circumstances like death, displacement due to battle, invasion, natural disaster, or other dramatic periods of change.

Through this lens of understanding, the buried coin hoards become more than just intriguing discoveries of lost valuables from ancient times: they offer a unique record of some of history’s most unpredictable forces, and a deeper perspective on the ways humans coped with insecurity while trying to survive and cope with changes in the ancient world.

The team’s study, “Why Did They Not Recover the Hoards? Insecurity in the Roman Empire,” appeared in the Journal of Ancient History and Archaeology.

Micah Hanks is the Editor-in-Chief and Co-Founder of The Debrief. A longtime reporter on science, defense, and technology with a focus on space and astronomy, he can be reached at micah@thedebrief.org. Follow him on X @MicahHanks, and at micahhanks.com.

A “cursed” ancient Roman tablet, intended to invoke divine and demonic wrath upon one’s enemies, has been deciphered by researchers at Heidelberg University in Germany.

The magical lead tablet, originally discovered by Dutch archaeologists in the Netherlands, was crafted in the second century AD. Strangely, it is written in ancient Greek, although in an Egyptian style, rather than the Latin that would be expected for what was then a Roman province of Lower Germania.

Today, the excavation site within the city of Heerlen in the southeast of the Netherlands, near the German border, is home to the country’s largest ancient Roman ruins.

Curse Tablets

The object is not entirely unique, as it belongs to a category of curse tablets called katadesmoi in Greek and defixiones in Latin. The Greeks and Romans believed that cold, heavy iron was especially useful in binding supernatural entities, making it the go-to material for crafting such objects.

As this artifact’s material was both cold and heavy, it reminded ancient people of the bleak underworld. Additionally, lead is also easy to work with in practice, as it is both inexpensive and easy to inscribe.

These small tablets were typically inscribed with curses and then buried, with the intention of bringing misfortune upon rivals in matters of sport, law, or love.

At the time the tablet was created, Heerlen was a Roman military settlement known as Coriovallum. Dutch archaeologists unearthed the 9.3-by-4.8-centimeter katadesmos from a pit beneath the former town square.

Deciphering an Ancient Curse

Researchers at the University of Heidelberg’s Institute for Papyrology used reflectance transformation imaging, a technique that combines photographs taken under different lighting conditions to enhance subtle surface details. Their analysis revealed three distinct types of characters within the inscription.

The combination of Egyptian-style invocations of deities and demons written in ancient Greek is highly unusual for a region where Latin was the dominant written language. Also notable are three symbols known as “Characteres”—magical symbols believed to facilitate communication with supernatural entities—along with two male and two female names.

Dr. Rodney Ast, Academic Director of the Institute for Papyrology, suggests that these four individuals were either the targets of the curse or those on whose behalf it was created. However, Dr. Julia Lougovaya, a research associate at the institute, notes that the male names are Latin while the female names are Greek, a distinction that may hold additional significance.

“It cannot be ruled out that one of the two women was the author of the inscription and had brought the supposed ability to communicate with divine powers through such curses with her from Roman Egypt,” said Dr. Lougovaya.

Ancient Magical Practices

Magic played an important role in Egyptian society, where rituals aimed at healing and protection formed a visible part of religious life, while malicious spells were typically practiced more discreetly.

“In the early centuries A.D., Near Eastern, Egyptian, Jewish, and sometimes even Christian traditions increasingly merged and spread throughout the entire Roman Empire of that time – a development that the discovery from Heerlen impressively underscores,” explained Prof. Joachim Quack, Director of the Institute for Egyptology at Heidelberg University.

A forthcoming scholarly publication will provide the full transcription of the inscription and details of the analysis. The tablet is also scheduled to go on display at a museum in Heerlen in the future.

Ryan Whalen covers science and technology for The Debrief. He holds an MA in History and a Master of Library and Information Science with a certificate in Data Science. He can be contacted at ryan@thedebrief.org, and follow him on Twitter @mdntwvlf.

You wouldn't want to drink from this 2,000-year-old vintage though.