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Artemide Aste s.r.l.
Auction LIII  2-3 May 2020
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Lot 450

Starting price: 100 EUR
Price realized: 130 EUR
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Ostrogothic Italy, uncertain king, early to mid 6th century. AE 42 Nummi, countermarked early imperial bronze issue. D/ [IMP SER SVLP GA]LBA CAES A[V]G [TR P]. Bare head right; XLII (mark of re-valutation = 42 nummi) cut into right field. R/ LIBERALITAS [PVBLICA] SC. Liberalitas standing left, holding pileus and vertical rod. For undertype, cf. RIC 328; for revalutation cf. MEC 1, 69. AE. g. 8.91 mm. 25.00 R. Rare and of historical interest. Mark of valutation clear and deeply engraved. Brown patina. F.

These countermarked issues have long been considered as made in Vandalic North Africa, but the hoard evidence and the results of the latest studies makes it seem that they were, in fact, made in the Ostrogothic Italy, and were in use there during the first quarter or first half of the 6th century (Cf, NAC, May 1993, 457).
The mark of value XLII refer to a twelfth of a silver unit valued at 500 nummi, which itself amount to the 24th
fraction of a gold solidus valued at 12,000 nummi. (Cf. Grierson, MEC, p.28-31).
These are not countermarked coins in the usual sense of word, since the LXII figure was not punched or stamped with a single instrument, but seems to have been cut or incised with several chisel strokes. (C. Morrisson,1983).
J. Friedlander suggested that for the more finely incised series the pieces were certainly softened by fire in order to be able to engrave more easily the deep and crude strokes. ("Die Erwerbungen des Konigl. Munzkabinets vom 1.Jan.1877 bis 31 Marz 1878" ZfN VI, 1879, p.1-26).
Such crude workmanship seem to point to the markings being done by private persons, at least in the case of the most anomalous countermarks. While for the more finely incised countermarks – like our outstanding example – the role of some official authority cannot be excluded. (C. Morrisson).
Tentatively, Morrisson suggests that an official practice of marking and re-issuing older bronzes was followed with varying success by private individuals as and when they came into possession of similar pieces.
The only paper devoted solely to these countermarked coins is : Morrisson, C. "The re-use of obsolete coins : the case of Roman imperial bronzes revived in the late fifth century" in: ed. C.N.L.
(Brooke et al. Studies in Numismatic Method presented to Philip Grierson, Cambridge 1983).
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