L.P.D.A.P. series Æ As. Rome, 91 BC. Laureate head of Janus; I above / Prow right; L•P•D•A•P. above. Crawford 338/1. 11.39g, 29mm, 9h.
Good Very Fine.Attractive style.
From the Andrew McCabe Collection;
Ex Goodman Collection, Classical Numismatic Group 45, 18 March 1998, lot 1633.
Crawford notes that the letters displayed on the reverse of this coin probably stand for Lege Papiria de assis ponder and refer to the Papiria Law on the weight of bronze coins of 90 BC. Introduced the following year, the law authorised the minting of bronze asses on a Semuncial standard (1/24 to the Roman pound). As such, the initial series of this new denomination were marked with the letters L•P•D•A•P. Vendors and customers haggled over the value of the new and old asses leading to its rejection and eventual abandonment at the outbreak of the Social War.