_Exergual letters_: TR . P., 20; P . L . C . or S . L . C., 9; O . SIS, 1; S . CONST., 1; illegible, 3; total VALENS. _Obv._ D . N . VALENS . . . 1 Diademed head, to the right. _Rev._ SECVRITAS . . . Victory with wreath and palm branch, marching to the left. Much corroded Rude copies of some of the 6 foregoing Extremely corroded 6 Total number 132 This is, I believe, the first instance which has occurred in this country, in which we have had the opportunity of ascertaining what particular coins, as being then in daily circulation, an inhabitant of a Roman town in Britain, at the moment when the Roman domination in this country was expiring, carried about with him. Mr. Roach Smith, speaking of the great majority of these coins, these of the Constantine family, remarks to me—“I suspect these coins were sent into Britain even after the time of Valens, because they are all comparatively sharp and fresh. It is not improbable that the procurators at Treves and at Lugdunum may have had large stores of these coins by them, which they sent out at intervals.” A consideration of these coins gives us an approximation, at least, towards the date at which Uriconium must have been destroyed; Mr. Roach Smith agrees in the opinion that a comparison of them points to the very latest period previous to the establishment of the Anglo-Saxons. At a later period the freshly struck coins of the Constantine family could not have been brought over. They shew us that at that time the great mass of the circulating medium consisted of coins of the Constantine family, which again explains to us why the first coinage of the Anglo-Saxons was nearly all copied from the coins of the emperors of that family. Again, the care with which these small copper coins (for only one is of plated silver) seem to have been hoarded up, and the anxiety of their possessors to preserve them in the midst of a frightful calamity, may perhaps assist us in forming an estimate of the relative value of money at this period.