6th century coin hoard was discover Archaeologists in ancient Phanagoria

Archaeology Institute of Russian academy Archaeologists are announced, we were found the coin hoard in the ancient phanagoria. 

phanagoria was founded by Italian colonists around 543 BC, Greek people have developed a place to use the main Centre of trade between the cost of the Martian, and other south side countries on Caucasus. 

The hoard coin was finding third section excavations, where archaeologists identify amphora containing 80 copper staters (coins), after researching the evidence we are flinging the layer of fires distraction from the 6th century AD. 

Archaeologists explain Huns or Turks are raided several times for the city so the impact large part of the city being torched. Residential buildings and public buildings perished in the fire, wineries,  depositing a large number of ash fragments of burnt wooden floors of buildings,, soot, broken dishes, and the remains of burnt grain in amphorae in the destruction layer. so this reason coins are hoard by people.

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According to the  Byzantine words to (Procopius of Caesarea) Kepa and Phanagoria were “taken and destroyed to the ground by the barbarians who lived in neighboring lands”. some researchers told (Procopius of Caesarea) related to nomadic Huns.

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According to another version, after the raids of Kepa and Phanagoria, nots by Procopius of Caesarea, took place already in the middle of the 6th century, when the Avars who fled under the pressure of the Turks approached the Asian Bosporus: Evagrius Scholastica’s “Church History”. also mension about this event is found in The Turks themselves appear on the Bosporus in the AD 570s.

Points of exports

Vladimir Kuznetsov said: “According to the composition of the treasure, one can determine what money was in use in the internal market of the Bosporus in the 6th century.”

A closer inspection of the coins reveals that they are mainly copper staters of the Bosporan kings of the late 3rd– early 4th century AD. The last minting of the Bosporan coins was around AD 341, however, a huge mass of staters made of cheap copper-lead alloy continued to circulate in the Bosporus for several centuries, whilst the role of “expensive” money was played by Byzantine gold.