Watch List notes:

The Roman Empire
Armenia Capta Issues

Denarius, Colonia Patricia circa July 18-17/16, AR 3.91 g. Bare head l. Rev. Capricorn r., holding globe over rudder; above, cornucopiae. Below, AVGVSTVS. C 22. BMC 307. RIC 130. CBN 1354.
In exceptional state of preservation. Light iridescent tone,
virtually as struck and almost Fdc

Privately purchased from Freeman & Sear.

This is a wonderful example of this type. MSG.

The use of the Capricorn symbol by Augustus would be a recurring theme. He would use it as a primary symbol, as here, and as an adjunct feature for other designs. If we can indeed believe Suetonius when he describes the fateful horoscope presented to a young Octavian many years before his rise to supremacy, this reverse type seems to describe that event perfectly. Here Capricorn, via the horoscope of Augustus, seems to have shown that he would determine the future of the world (globe) by directing its' actions (rudder). Through his guidance there would be a great prosperity (cornucopia). The symbolism is perfectly conveyed by this design. The clean anepigraphic obverse only adds to the simplistic mastery of this vision. Few coins have said so much while needing so little in the way of written legends. This is really a masterfully thought out design. MSG.