Augustus AR Denarius. Uncertain Spanish mint (Colonia Patricia?), circa 20-19 BC. Laureate head right / Two laurel trees; CAESAR above; AVGVSTVS below. RIC 51; BMCRE 352; RSC 47. 3.55g, 20mm, 6h.
Extremely Fine; old cabinet tone.
Acquired from Numismatica Ars Classica AG, Zurich.
On 16 January 27 BC, Octavian formally handed back all power to the Roman Senate, who in return conferred upon him the titles of Augustus and Princeps and according to Dio Cassius, "in addition to numerous honours already conferred on Augustus, it was ordained by the Senate and people that laurel trees should be planted in front of his palace, and oaken crowns suspended on them, as though he were the perpetual conqueror of the enemies, and saviour of the citizens of the Republic."