Caracalla. As Caesar, A.D. 196-198. AR denarius (17.8 mm, 3.73 g, 5 h). Laodicea mint, struck A.D. 197-198. M AVR ANTON CAES PONTIF, bare-headed, draped, and cuirassed bust right / SPEI PERPETVAE, Spes advancing left, holding flower and raising hem of dress. Cf. RIC 16 (S. Severus) (Rome mint); BMCRE p. 55 (S. Severus); RSC 597. gVF, young portrait, areas of encrustation.