One of the most remarkable phenomena within the pattern of monetary circulation in antiquity is the presence of large numbers of Roman Republican denarii, for the most part struck betweenc.130 and 31 B.C., on the soil of present-day Romania, roughly ancient Dacia. Absolute figures are impressive; it has been calculated that taking together isolated finds, hoards closing with Republican pieces, nuclei of Republican coins in Roman Imperial hoards and Republican coins in collections in Romania the total comes to something like 25,000 pieces. But absolute figures are themselves unable to convey fully the uniqueness of the phenomenon; this emerges most clearly from a comparison with neighbouring territories. There are no known hoards of Republican denarii from the territory of the Moldavian S.S.R.; the territories of Poland, Czechoslovakia and Hungary to the north-west have produced between them a mere handful of Republican hoards; Jugoslavia and Albania to the west and Greece to the south are slightly more productive, but display no trace of the feature characteristic of Romania, a great block of hoards, the latest coin of which belongs in the first century B.C.
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