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Heritage World Coin Auctions
NYINC Signature Sale 3061  7-8 Jan 2018
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Lot 32110

Estimate: 30 000 USD
Price realized: 22 000 USD
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Ancients
Diocletian (AD 284-305). AV aureus (21mm, 5.71 gm, 12h). NGC MS 5/5 - 3/5. Siscia, AD 286-289. IMP C DIOCLETIANVS P F AVG, laureate bust of Diocletian left, viewed from front, wearing consular toga over embroidered tunic, holding in right hand eagle tipped scepter (scipio aquila) / MARTI PROPVGNATORI, Mars, wearing full armor, advancing right, holding transverse spear in right hand and shield on left arm. RIC V, Part II, 250. Depeyrot 1/9. Cohen --. Calicó 4546 (same dies) (R3). Extremely rare! Deeply struck, with a commanding consular bust of this reforming ruler.

Ex Morton & Eden 52, (29-30 November 2011), lot 776.

Although he reached the Roman throne via the path of coup and civil war, Diocletian turned out to be a far-sighted statesman of rare ability. Achieving undisputed power in AD 285, he came in with a detailed blueprint for Roman revival. Recognizing the task of governing the Empire had grown too great for one man, he divided supreme power with three old military colleagues and devised a formula for renewing this "Tetrarchy" every 20 years. The arrangement worked surprisingly well and by AD 300 the ceaseless revolts and civil wars that had nearly destroyed the Roman Empire over the latter third century had stopped, allowing Roman economic life to slowly and painfully recover. This spectacular aureus depicts Diocletian in the robes of a Roman Consul; despite his innovations, it is important to remember his reformist agenda was intended not to create a "new world order," but to restore the old Roman institutions, including the venerable titles of the Republic, the forms of which he strictly observed.

HID02901242017

Estimate: 30000-40000 USD
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