Roma Numismatics Ltd
Auction XX 29-30 Oct 2020
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Nerva AR Denarius. Rome, AD 96. IMP NERVA CAES AVG P M TR P COS II P P, laureate bust to right / LIBERTAS PVBLICA, libertas standing left, holding pileus in right hand and transverse sceptre in left. RIC 7; BMCRE 17; RSC 106; BN 10. 3.65g, 20mm, 7h.
Fleur De Coin; lustrous, and with a light cabinet tone. A coin of exceptional beauty, in extraordinary state of preservation. Previously NGC graded MS★, 5/5 - 5/5 (4625017-001).
From the Long Valley River Collection;
Ex Gorny & Mosch Giessener Münzhandlung, Auction 151, 9 October 2006, lot 424;
Gerhard Hirsch Nachfolger, Auction 242, 22 September 2005, lot 2425;
Ex A. Tkalec AG, 9 May 2005, lot 270.
The denarii of Nerva that survive today are not rare, but they are virtually unobtainable in such high state of preservation as the present specimen. Due to the extended period of peace and prosperity ushered in by Nerva and preserved by his successor emperors, there was little cause to hoard newly minted money as neither civil war nor fear of debasement of the currency weighed on the minds of Roman citizens of this period. This denarius is one of only a half dozen or so examples that have come to auction in the last two decades that can be considered to be both in mint state, and struck from fresh, unworn dies. The example which sold in Triton XIV (4 January 2011, lot 692) for the record price of $20,000 demonstrated just how fiercely contested a superlative denarius of Nerva could be.
Fleur De Coin; lustrous, and with a light cabinet tone. A coin of exceptional beauty, in extraordinary state of preservation. Previously NGC graded MS★, 5/5 - 5/5 (4625017-001).
From the Long Valley River Collection;
Ex Gorny & Mosch Giessener Münzhandlung, Auction 151, 9 October 2006, lot 424;
Gerhard Hirsch Nachfolger, Auction 242, 22 September 2005, lot 2425;
Ex A. Tkalec AG, 9 May 2005, lot 270.
The denarii of Nerva that survive today are not rare, but they are virtually unobtainable in such high state of preservation as the present specimen. Due to the extended period of peace and prosperity ushered in by Nerva and preserved by his successor emperors, there was little cause to hoard newly minted money as neither civil war nor fear of debasement of the currency weighed on the minds of Roman citizens of this period. This denarius is one of only a half dozen or so examples that have come to auction in the last two decades that can be considered to be both in mint state, and struck from fresh, unworn dies. The example which sold in Triton XIV (4 January 2011, lot 692) for the record price of $20,000 demonstrated just how fiercely contested a superlative denarius of Nerva could be.